Tag: CAD
Quantum startup Photonic raises $137 million CAD, strikes strategic partnership with Microsoft
Photonic has an “audacious” five-year plan to build a fault-tolerant quantum computing platform. Quantum startup Photonic has raised a $137-million CAD ($100 million USD)…
Universities of Regina, British Columbia among 19 recipients of CRIN’s $16.1 million CAD commitment to clean up Canada’s oil and gas industry
CRIN received $100 million from the SIF in 2020 to lower the environment impacts of fossil fuels. The Clean Resource Innovation Network (CRIN) has…
Brickeye secures $5 million CAD in convertible debt round with participation from BDC and Graphite Ventures
Brickeye provides construction companies with job site monitoring, analytics, and smart automations. Toronto-based Brickeye, a construction-focused internet of things (IoT) and data analytics company,…
Promise Robotics nets $20.8-million CAD Series A to speed up home building with robots
The startup turns standard industrial robots into plug-and-play homebuilding systems. Toronto-based proptech startup Promise Robotics has closed $20.8 million CAD ($15 million USD) in…
Kento Health raises $4.1 million CAD to bring AI to cardiovascular care
Dialogue alumni’s new startup is gearing up to strike hard in the battle against the leading cause of death. Montréal-based healthtech startup Kento Health…
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…
Google and Nvidia-backed CentML secures $37 million CAD to help companies deploy AI amid chip shortages
Toronto startup wants to help AI hardware “starvation period” by optimizing ML models. As companies race to adopt artificial intelligence (AI) amid chip shortages,…
PADS Financial secures $3 million CAD in pre-seed funding, launches online mortgage platform
PADS looks to leverage AI and blockchain with its online mortgage servicing platform. Montréal-based FinTech startup PADS Financial has secured $3 million CAD in…
PacifiCan invests $9.9 million CAD into Innovate BC’s cleantech adoption initiative
The Integrated Marketplace links local tech companies to industry partners looking to decarbonize. The Pacific Economic Development Agency of Canada (PacifiCan) is investing $9.9…
Traffic management startup Miovision closes $36-million CAD, bringing latest round to $296 million
Amid acquisition spree, Miovision will use the funding to fuel organic and inorganic growth. Traffic management startup Miovision has closed $36 million CAD for…