MolecuLight
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MolecuLight secures funding from BDC Capital, iGan Ventures for global expansion

MolecuLight has received at least three clearances from the FDA for its imaging device. Toronto-based wound imaging startup MolecuLight has received an undisclosed amount…

Continue Reading... MolecuLight secures funding from BDC Capital, iGan Ventures for global expansion
YouSet founders
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Home and auto insurance marketplace YouSet raises $2.1 million, launches in Ontario

The Montréal startup plants its feet in Ontario in preparation for a nationwide launch. Montréal-based insurance marketplace YouSet has secured $2.1 million in pre-seed…

Continue Reading... Home and auto insurance marketplace YouSet raises $2.1 million, launches in Ontario
Canvass AI
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Canvass Analytics secures $3.3 million USD top-up for Series A round

Yamaha Motor Ventures backs Canvass again after its initial investment in 2020. Toronto industrial AI startup Canvass Analytics has raised $3.3 million USD in…

Continue Reading... Canvass Analytics secures $3.3 million USD top-up for Series A round
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Lucid closes $3 million to turn music into medicine for Alzheimer’s patients

Born out of co-founder’s mental health challenges and love of music, Lucid aims to offer “a better way to care.” By combining artificial intelligence…

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Muse
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Interaxon secures $9.5 million USD to roll out subscription model for brain sensing headband, Muse

The subscription program is set to launch in Q1 next year. Toronto-based neurotechnology startup Interaxon has closed a $12.1 million CAD ($9.5 million USD)…

Continue Reading... Interaxon secures $9.5 million USD to roll out subscription model for brain sensing headband, Muse
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SVG Ventures Thrive launches new agri-food tech pre-accelerator, venture studio

The pre-accelerator has $3.7 million in provincial and federal backing. SVG Ventures Thrive has launched two new programs dedicated to supporting entrepreneurs, researchers, and…

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Armed with more capital to back women entrepreneurs, Phoenix Fire makes first investment in VoxCell

Phoenix Fire’s LPs now include the co-founders of Thinkific and Odaia. Phoenix Fire, which aims to support early-stage women entrepreneurs across Canada, has raised…

Continue Reading... Armed with more capital to back women entrepreneurs, Phoenix Fire makes first investment in VoxCell
solar panel park
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Report maps Canadian sustainable proptech industry and nearly $1.5 billion in investments

A report by the Sustainable PropTech Canada shows that almost $1.5 billion USD has been invested in the country’s sustainable proptech startups over the…

Continue Reading... Report maps Canadian sustainable proptech industry and nearly $1.5 billion in investments
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Bootstrapped since 2008, Evidence Partners closes $20 million to tackle automated literature review market

Evidence Partners caters to more than 60% of the world’s largest pharma, medical device companies. Nearly 15 years after its formation, Kanata-based research software…

Continue Reading... Bootstrapped since 2008, Evidence Partners closes $20 million to tackle automated literature review market
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D-Wave lists on New York Stock Exchange following close of SPAC deal

D-Wave’s stock price jumped as much as 30 percent on opening day. Vancouver quantum computing startup D-Wave is now publicly listed on the New…

Continue Reading... D-Wave lists on New York Stock Exchange following close of SPAC deal