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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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BDC shares more detail on $100-million Thrive Lab, including $35-million co-investment commitment

Initial phase will focus on early-stage, women-led businesses with social impact. The Business Development Bank of Canada (BDC) has officially launched its Thrive Lab…

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AI beauty lab Omy raises $11 million CAD to expand personalized skin care product line in North America

Omy launched its AI virtual skin consultant in 2020. Montréal-based artificial intelligence (AI) beauty lab Omy has raised $11 million CAD to expand its…

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BDC appoints Sévrine Labelle as head of $100 million Thrive Lab for women entrepreneurs
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BDC appoints Sévrine Labelle as head of $100 million Thrive Lab for women entrepreneurs

Thrive Lab is set to launch this spring. BDC Capital has named the managing director of its new Thrive Lab—one pillar of its recent…

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Private wireless network startup Expeto closes $12 million Series B supported by Samsung Next, 5G Open Innovation Lab
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Private wireless network startup Expeto closes $12 million Series B supported by Samsung Next, 5G Open Innovation Lab

Expeto enables large enterprises to extend private networks via any type of cellular connectivity. Vancouver-based Expeto has secured $12 million in Series B funding…

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MLSE, TMU reveal eight sport tech startups to join third Future of Sport Lab cohort

FSL alumni have partnered with brands like the NBA, Red Bull, and Adidas. The Future of Sport Lab (FSL), co-led by Toronto Metropolitan University…

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Alberta government launching internal AI lab powered by AltaML
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Alberta government launching internal AI lab powered by AltaML

The government calls this the first public AI lab in Alberta. The Government of Alberta is creating an artificial intelligence (AI) lab within government…

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MLSE, Ryerson’s Future of Sport Lab accepting applications for third cohort

Selected startups could see their products used alongside the Maple Leafs, Raptors. The Future of Sport Lab (FSL), jointly-led by Toronto Metropolitan University (formerly…

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OSC reveals seven companies to join testing lab to improve client interactions

Mako, TMX Group, others will test solutions made to know their clients, products better. The Ontario Securities Commission (OSC) has unveiled seven companies that…

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Eight months after a personal tragedy and a lab fire, e-Zinc has bounced back with a $31 million CAD Series A
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Eight months after a personal tragedy and a lab fire, e-Zinc has bounced back with a $31 million CAD Series A

e-Zinc has secured backing from Anzu, BDC, Toyota, and Eni to start producing its energy storage solution. Less than a year after suffering major…

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