BDC
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Diversity gap persists in senior ranks of Canadian VC firms

BDC Capital data shows almost half of venture firms are entirely male owned. Despite year-over-year gains in the representation of women and visible minorities…

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Metafold 3D closes $2.35 million CAD to fuel industrial adoption of 3D printing BetaKit
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Metafold 3D closes $2.35 million CAD to fuel industrial adoption of 3D printing BetaKit

Toronto startup has interest from sportswear and biopharma clients for its 3D printing tech. Metafold 3D, which wants to make it easier for manufacturers…

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Sampler founder and CEO Marie Chevrier standing in front of product samples her company helps brands distribute
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Sampler acquires AdMass’s tech and founders to bring AI and user-generated content to its product sampling platform

The deal marks Sampler’s second acquisition in four months. Sampler, which matches large packaged-goods firms with consumers seeking samples by mail, has acquired fellow…

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Odaia closes $34 million CAD Series B to fix “bottleneck” in drug delivery process
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Odaia closes $34 million CAD Series B to fix “bottleneck” in drug delivery process

Roster of big pharma clients helped Odaia nab latest funding round. Toronto-based software startup Odaia has secured $34 million CAD ($25 million USD) in…

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Vivid Machines
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Vivid Machines raises $5.8 million CAD to help growers virtually monitor fruit trees

Toronto startup uses imaging and AI to monitor crop production. Toronto-based agtech startup Vivid Machines, which provides monitoring technologies for the fruit supply chain,…

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Mercator AI
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Mercator AI raises $5.1 million CAD as it develops early project detection tool for construction

Mercator helps business developers find leads in construction projects faster using AI. Calgary-based proptech startup Mercator AI has raised $5.1 million CAD ($3.75 million…

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healthtech
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AssistIQ raises $2.5 million CAD to cut down on medical waste in hospitals

AI platform tracks use of disposable medical devices, supplies for surgeries and common procedures. A medtech startup that has developed a new artificial intelligence…

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Nortel alum-turned-mystery novelist combines her tech and writing background with Fictionary
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Nortel alum-turned-mystery novelist combines her tech and writing background with Fictionary

Fictionary’s $1.8 million round one of the first investments out of BDC’s Thrive Venture Fund. Fictionary co-founder and CEO Kristina Stanley has worked in…

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Jombone closes $3.3 million to modernize the blue-collar staffing industry
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Jombone closes $3.3 million to modernize the blue-collar staffing industry

Jombone aims to offer businesses an alternative to incumbent staffing agencies. The blue-collar staffing space is dominated by multinational, legacy, publicly-traded players like Manpower,…

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Mercator AI
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Mercator AI raises $1 million CAD to fuel North American expansion

Startup uses AI to generate early leads on construction projects for general contractors. Real-time construction intelligence startup Mercator AI has raised a $1 million…

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