Valence Discovery announces $10.9 million CAD for AI-aided drug discovery and formulation
Valence wants to “build the world’s most powerful chemistry engine.”
Montréal
Accelia Capital launches $50 million VC fund to back women-led startups in Québec
Accelia Capital wants to invest 70 percent of its funds in Québec businesses owned or managed by women.
Nuvei shares drop amid short seller report
Payment processing company Nuvei saw its shares on the Toronto Stock Exchange (TSX) and Nasdaq fall rapidly today as a short-seller…
Rebranded Nomic Bio raises $17 million to fuel development of protein-measuring platform
Nomic Bio has secured a new name and $17 million USD in Series A financing to support the growth of its protein-measuring platform.…
AlayaCare bolsters C-Suite, board to support next phase of growth
Montréal-based healthtech startup AlayaCare has made a series of new additions to its leadership team, adding some seasoned…
Payment Rails rebrands to Trolley, closes $7 million Series A to expand reach of global payouts platform
Montréal-based FinTech startup Payment Rails has rebranded as Trolley and secured $7 million CAD in Series A financing to…
Inside the rise of Canadian venture studios
Over the last seven years, the number of global venture studios has increased by 625 percent, and Canada is no exception to…
Montréal-based cleantech startup Polystyvert receives $3.5 million in government funding
The Government of Canada announced November 30, Montréal-based cleantech startup, Polystyvert, has received $3.5 million in…
Life House closes $77 million CAD round co-led by Inovia, Kayak to help hotels boost profitability
After establishing itself as a full-service operator in the hotel space, Life House has secured $77 million CAD ($60 million…
Pitchbook names four Canadian universities in 2021 list of top 50 colleges for founders
Four Canadian universities make 2021 Pitchbook list of top 50 colleges for founders Financial data and software company Pitchbook…
Previously bootstrapped, appointment booking solution Booxi raises $1.5 million
Montréal-based retail tech startup Booxi has received $1.5 million CAD in financing from Investissement Quebec and Business…
Gotcare, Nectar raise seed funding supported by Telus’ corporate impact fund
Two social and environmental impact-focused Canadian tech companies, Toronto-based Gotcare and Montréal-based Nectar Technologies,…
Tired of waiting, Flinks launches its own Open Banking Environment with National Bank
API developer Flinks is launching a new product called the Open Banking Environment (OBE) in collaboration with the National…
New York-based Bizzabo acquires Klik for $13.5 million to enhance live events
Bizzabo, a New York-based events technology company, has acquired Klik of Montréal, which operates in the same industry, for…
Simplyk scores seed capital to take free nonprofit fundraising platform to the US
Simplyk is a startup on a mission to make fundraising easier and more accessible for nonprofits. The Montréal-based company…