Tag: Scale
Summit Nanotech secures $67.4 million CAD to scale lithium extraction for EV production
Calgary cleantech startup Summit Nanotech, which develops solutions for lithium extraction, has secured $67.4 million CAD ($50 million USD) in what it classifies as…
The painful changes that helped GSoft scale from zero revenue to $100 million ARR
Building a generational company means continually evolving. As the term “unicorn” begins to lose its lustre, a new term for scaling businesses has gained…
Attabotics secures $95 million CAD from EDC, Ontario Teachers’ to scale its warehouse robots
Over the past six and a half years, Calgary-based 3D robotics supply chain firm Attabotics has focused its efforts on turning what began as…
FreshBooks, Plusgrade, Day & Ross among six Scale AI projects to receive $25 million
Funded projects vary in applications, from the travel industry to accounting. A cumulative $25 million has been invested into six Scale AI projects, combining…
F|T: The FinTech Times – Canadian FinTech is in the tank, but this challenger bank thinks it can stay afloat with scale
Plus: Canadian tech companies continue to hire despite downturn. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around…
D-Wave, Coveo, Canada Drives among tech companies receiving collective $50 million for Scale AI projects
The projects in this cohort vary from AI integrations in finance to transportation. Canada’s artificial intelligence (AI) cluster Scale AI has announced that it…
Direct-C closes $3.9 million Series A from Henkel and GreenSky to scale oil leak detection tech
In 2018, Edmonton-based Direct-C began engaging with German manufacturing giant Henkel Adhesive Technologies to assess whether the startup’s oil leak detection technology could be…
WellnessLiving secures $66 million USD to scale operations management software for wellness centres
The Thornhill startup serves over 5,000 yoga studios, dance studios, and other wellness centres. Thornhill-based business operations software provider WellnessLiving has secured a cumulative…
Scale Without Borders wants to bring Canada’s immigrant tech community together in November summit
Last year’s summit spanned three days and saw 1,000 registrants. Scale Without Borders (SWB), an initiative dedicated to entrepreneurs who are newcomers to Canada,…
ProcedureFlow closes $11.8 million to scale knowledge management software globally
ProcedureFlow’s client base includes Blue Cross, Nova Scotia Power. ProcedureFlow, a Saint John, New Brunswick-based SaaS provider, has secured $11.8 million in an investment…