Tag: inovia capital
Inverted AI closes $5.3 million CAD in seed funding for vehicle safety simulation tech
Startup builds AI-powered non-playable characters for advanced vehicle testing. Vancouver-based Inverted AI has closed over $5.3 million CAD ($4 million USD) in seed funding…
Fifth-annual Startup Community Awards celebrates Montréal’s innovation ecosystem
Real Ventures’ John Stokes, Ora Medical among the night’s winners. Montréal’s tech ecosystem has recognized 15 local startups, stakeholders, and leaders at the fifth…
Cavelo secures $5-million Inovia-led seed round to help financial services firms protect their data
With cybersecurity no longer just “a big company problem,” Cavelo eyes US expansion. Kitchener-Waterloo-based cybersecurity startup Cavelo has closed $5 million CAD in seed…
BenchSci, Inovia, Ada among #CDNtech orgs pledging to fight workplace hate in wake of Israel-Hamas war
The pledge holds signatories to four commitments aimed at fostering safe and inclusive workplaces. A coalition of Canadian tech companies and investors has pledged…
Clearco secures new equity financing from existing investors and asset-backed facility as struggling FinTech executes complex recapitalization plan
Inovia, Founders Circle double down on Clearco with debt buyback from SVB, $60-million USD Series D. Toronto-based FinTech startup Clearco has completed a series…
Canada’s emerging fund managers get a venture lifeline
Plus: Deep Genomics brings in life sciences veteran Brian O’Callaghan as CEO. Welcome to BetaKit’s startup stories of the week! Here, you will find…
Inovia announces $34-million CAD Discovery Fund for early-stage VCs BetaKit
Fund formalizes Inovia’s support for emerging managers as many struggle to fundraise. Montréal-based Inovia Capital has launched its first Discovery Fund, closing $34 million…
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…
Vital Bio reveals blood-test solution with funding from OpenAI, Salesforce CEOs
After the bloody mess at Theranos, Vital is among the new wave of startups developing accessible diagnostics. Toronto-based Vital Biosciences has revealed its desktop…
PasswordBox, Intel alums build enterprise low-code tool for natural language models
Montréal startup’s backers include Panache, Inovia, and Real Ventures. Led by a team with a decade of experience building artificial intelligence (AI) and deep…