BDC Capital recommits to leading seed deals in startups across Canada with new $50-million fund
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BDC Capital recommits to leading seed deals in startups across Canada with new $50-million fund

VCs applaud BDC’s commitment to direct seed funding, ask for more emerging manager support. The Business Development Bank of Canada (BDC) has launched a…

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Deloitte spinout Arteria AI closes $46-million CAD Series B to help banks turn documents into data
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Deloitte spinout Arteria AI closes $46-million CAD Series B to help banks turn documents into data

Backers include GGV Capital, Citi, BDC Capital, Information VP, and Illuminate Financial. Toronto-based enterprise artificial intelligence (AI) startup Arteria AI, which helps some of…

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BDC
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BDC Capital deploys seed funding to help reduce greenhouse gas emissions

Green Graphite Technologies closes $2 million, while Arolytics raises $3.5 million in cleantech funding. Placing increased importance on climate change and the reduction of…

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Cognota closes $5.5-million USD Series A to make corporate LearnOps a thing
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Cognota closes $5.5-million USD Series A to make corporate LearnOps a thing

With a new name, product, and fresh capital, Cognota eyes growth. Toronto-based Cognota has secured $5.5 million USD in Series A funding to fuel…

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GHGSat closes Series C1 to launch more greenhouse gas emissions-monitoring satellites
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GHGSat closes Series C1 to launch more greenhouse gas emissions-monitoring satellites

The Montréal-based startup secured $59.9 million CAD but did not disclose equity/debt split. Montréal-based global emissions monitoring company GHGSat has closed its Series C1…

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Northside Ventures founder and general partner Alex McIsaac.
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Former Global Founders Capital partner launches Northside Ventures to back pre-seed Canadian entrepreneurs across North America

Northside has secured $6.25 million USD from Inovia, Intact, Bain, Golden Ventures, and Garage Capital, among others. After spending the past few years building…

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Flojoy Studio
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Flojoy raises $1.7 million to apply AI into instrumentation testing for heavy industries

Former Plotly CEO moving on to build new Python-based software. Montréal-based Flojoy has raised $1.7 million CAD ($1.3 million USD) in seed funding to…

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General Fusion
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General Fusion raises $33.5 million CAD as it renews focus on Canadian project

General Fusion delays demonstration plant construction in UK for machine development in Canada. Vancouver fusion energy company General Fusion has raised $33.5 million…

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ready mix concrete
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BDC’s Climate Tech Fund backs Carbon Upcycling in new $34.4 million CAD round

Calgary startup claims to reduce the amount of resource-intensive cement used in concrete production by up to 20 percent. Calgary-based cleantech startup Carbon Upcycling…

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Solink secures $60-million USD Series C and backing from Goldman Sachs to become cloud video surveillance leader
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Solink secures $60-million USD Series C and backing from Goldman Sachs to become cloud video surveillance leader

As the security market shifts to cloud, Solink looks to scale. Ottawa-based Solink has closed $60 million USD in Series C funding to scale…

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