Diagram Ventures announces new $60-million VC fund to build and back early-stage cleantech startups
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Diagram Ventures announces new $60-million VC fund to build and back early-stage cleantech startups

The ClimateTech Fund is co-anchored by Québec and Sagard. Montréal-based venture builder and investor Diagram Ventures has launched a ClimateTech Fund, securing nearly $50…

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Virtual care platform Mednow announces restructuring, looks for buyer
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H|T: The Healthtech Times – Mednow announces restructuring and search for buyer

Plus: Public servant tells MPs federal chief technology officer lied about ArriveCan app. The Healthtech Times is a weekly newsletter covering healthtech news from…

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BDC’s Thrive Lab announces 25 co-investment partners

$35 million envelope will target women-led businesses aligned with United Nations Sustainable Development Goals. The Business Development Bank of Canada’s (BDC) Thrive Lab is…

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Virtual care platform Mednow announces restructuring, looks for buyer
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Virtual care platform Mednow announces restructuring, looks for buyer

Receivership occurs just over two years after listing on the TSX Venture Exchange. Toronto-based digital pharmacy startup Mednow has been placed into receivership under…

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FinTech startup Peloton Technologies announces acquisition of KIS Payments
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FinTech startup Peloton Technologies announces acquisition of KIS Payments

The deal comes almost four months after Peloton received $1.5M from PacifiCan. Victoria-based FinTech startup Peloton Technologies has announced the acquisition of Nanaimo, British…

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Stuart Lombard, Ecobee founding CEO and president, announces retirement
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Stuart Lombard, Ecobee founding CEO and president, announces retirement

Chief product officer Greg Fyke has assumed the role of president. In the 16 years since its founding, Toronto-based thermostat company Ecobee has helped…

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BBTV revenue decreases seven percent, net loss increases in Q1 as COVID-19 consumer patterns shift
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Struggling, TSX-listed BBTV announces plan to become a private company

BBTV founder and CEO, Well Health CEO to privatize Vancouver firm. Vancouver media tech firm BBTV Holdings, which currently trades on the Toronto Stock…

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University of Alberta targets $50 million with new innovation fund, announces first investment in AI system control startup
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University of Alberta targets $50 million with new innovation fund, announces first investment in AI system control startup

The university plans to reinvest returns from the donor-fuelled fund into “future innovations.” The University of Alberta has launched a new donor-backed innovation fund…

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Federal government announces first VCCI inclusive growth stream VC fund recipients

BKR Capital, District Ventures Capital, Ripple Ventures, Sandpiper Ventures, The51 receive portion of $25 million. The Government of Canada is investing up to $25…

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FluidAI Medical announces $15-million Series A for AI-driven postoperative monitor
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FluidAI Medical announces $15-million Series A for AI-driven postoperative monitor

Series A round comes almost exactly one year after rebranding from NERv Technology. Kitchener-Waterloo healthtech startup FluidAI Medical (“FluidAI”) has announced it raised a…

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