Ditch Labs co founders
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Ditch Labs secures $3.25 million to treat nicotine addiction with tech

Montréal startup set its sights on a massive public health issue. Armed with $3.25 million CAD in seed funding, Montréal-based healthtech startup Ditch Labs…

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Tiptap and Omnirobotic pursue restructuring after startups fail to raise additional funding
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Tiptap and Omnirobotic pursue restructuring after startups fail to raise additional funding

As VC financing has dried up, a growing number of Canadian tech firms are running out of cash. Burlington, Ont.-based Tiptap and Laval, Qué.’s…

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LeddarTech
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Automotive software maker LeddarTech inks SPAC deal to go public on Nasdaq

CEO hails agreement as “important milestone,” plans to step down. Québec City-based automotive software provider LeddarTech has reached an agreement to merge with Prospector,…

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FemTherapeutics
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FemTherapeutics raises $2.5 million CAD to address pelvic floor disorders with custom vaginal prosthetics

FemTherapeutics combines AI and 3D printing to design vaginal pessaries specific to each patient. The medical speciality relating to the female reproductive organs, or…

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Brightspark seeks to recreate its “home run” exits of Think Dynamics, Radian6 as it launches $120-million fund
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Brightspark seeks to recreate its “home run” exits of Think Dynamics, Radian6 as it launches $120-million fund

Brightspark Ventures has made an initial close of $60 million towards its target. Brightspark Ventures thinks now is the right time to be investing…

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BrainBox AI acquires ABB technology in its mission to reduce greenhouse gas emissions in buildings
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BrainBox AI acquires ABB technology in its mission to reduce greenhouse gas emissions in buildings

Québec government and ABB invest $27 million CAD to aid BrainBox AI help retailers use less energy. Coupled with a $27 million CAD ($20…

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Smart display company E2ip Technologies raises $120 million
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Smart display company E2ip Technologies raises $120 million

Export Development Canada and McRock Capital co-led the round. St-Laurent, Québec-based E2ip Technologies, which develops technologies for smart displays and surfaces, has raised $120…

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Medfar
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Medfar secures $30 million CAD, looks to acquire more electronic medical record software providers

Medfar was built by two aeronautical engineers who wanted to digitize health clinics Montréal-based healthtech company Medfar, which provides software solutions for clinicians, has…

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MY01 raises $12.5 million CAD for microsensors that aid in physician diagnostics
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MY01 raises $12.5 million CAD for microsensors that aid in physician diagnostics

Montréal medtech startup uses microsensors to help doctors diagnose acute compartment syndrome. Montréal-based MY01 has received $12.5 million CAD in Series A funding from…

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GoodFood
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After a tough year, Goodfood switches up CFO, promoting VP Roslane Aouameur

Aouameur’s strategic focus will be on profitability and positive cash flow. Montréal-based Goodfood is making a CFO change, promoting its VP of corporate development,…

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