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Properly secures $36 million CAD, pulls back on geographic expansion plans as Canadian housing market cools

Provincial expansions across BC, Ontario, and Québec have been pinned in favour of focus on Toronto and Vancouver. Toronto-based proptech startup Properly has raised…

Continue Reading... Properly secures $36 million CAD, pulls back on geographic expansion plans as Canadian housing market cools
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Kirk Simpson, Peter Carrescia team up to raise $6.5 million CAD with an idea to disrupt the digital identity space

OMERS, Wittington, and Round13 have all backed Qui Identity. “I know I don’t do well with idle time.” Kirk Simpson is just one month…

Continue Reading... Kirk Simpson, Peter Carrescia team up to raise $6.5 million CAD with an idea to disrupt the digital identity space
Aurora Hydrogen co-founders
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Aurora Hydrogen secures $12.85 million CAD from Shell, Chevron to build demonstration plant

Aurora is developing clean hydrogen tech without consuming water. Edmonton-based cleantech startup Aurora Hydrogen has raised $12.85 million CAD ($10 million USD) in a…

Continue Reading... Aurora Hydrogen secures $12.85 million CAD from Shell, Chevron to build demonstration plant
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Stadium Live scores $12.8 million CAD Series A to engage Gen Z sports fans

Stadium Live founder and CEO Kevin Kim wants to meet the next generation of sports fans where they are—online. Traditional sports leagues need to…

Continue Reading... Stadium Live scores $12.8 million CAD Series A to engage Gen Z sports fans
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Fable raises $8.4 million CAD Series A to fuel move beyond tableware

Direct-to-consumer (D2C) tableware startup Fable has secured $8.4 million CAD ($6.55 million USD) in Series A financing to move beyond the dinner table. Vancouver-based,…

Continue Reading... Fable raises $8.4 million CAD Series A to fuel move beyond tableware
Blume
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Blume secures $2 million CAD to scale latte replacement product

Frank and Oak, Nude Beverages execs buy into Blume’s first institutional round. Vancouver-based organic food brand Blume has closed $2 million CAD in what…

Continue Reading... Blume secures $2 million CAD to scale latte replacement product
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Oncoustics secures $5.5 million CAD to help spot liver disease using AI

Startup aims to “decrease or eliminate” need for high-end imaging, painful biopsies. Oncoustics has raised about $5.5 million CAD ($4.3 million USD) in seed…

Continue Reading... Oncoustics secures $5.5 million CAD to help spot liver disease using AI
Welbi
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Welbi raises $3 million CAD to take its senior engagement software south of the border

Welbi’s solution helps ease the isolation of seniors in assisted living facilities. Welbi Technologies Inc. announced a $3 million CAD seed round that will…

Continue Reading... Welbi raises $3 million CAD to take its senior engagement software south of the border
Spiderwort's CelluBridge product
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Tissue engineering startup Spiderwort raises $17.1 million CAD to move to clinical trials

Spiderwort’s plant-based scaffolding can be used in regenerative medicine and tissue engineering. Ottawa-based biotech company Spiderwort has secured $17.1 million CAD ($13.2 million USD)…

Continue Reading... Tissue engineering startup Spiderwort raises $17.1 million CAD to move to clinical trials
cows
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Milk Moovement bags $26 million CAD to bolster dairy supply chain software

The Halifax startup beefs up its cash reserves. Halifax-based SaaS startup Milk Moovement has announced that it closed a $26 million CAD ($20 million…

Continue Reading... Milk Moovement bags $26 million CAD to bolster dairy supply chain software