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AI solutions provider Meeranda joins NVIDIA Inception
Meeranda, an AI solutions provider, announced it has joined the NVIDIA Inception.
KindWorks.AI raises $1.5m funding to revolutionize workplace culture using proven power of Kindness
KindWorks.AI has closed an oversubscribed pre-seed round over $1.5m.
Relocalize raises $2.5m seed round to decarbonize food & beverage manufacturing
Relocalize has raised $2.5m in the initial closing of $3.5m seed round.
Plug and Play Alberta announces 73 startups for Fall cohort accelerator programs
Plug and Play Alberta has announced 73 startups for the Fall cohort.
Canadian e-Commerce inventory platform Centro launches with $2m pre-seed funding round
e-Commerce inventory platform Centro, announced a $2m in pre-seed funding.
Epson opens call for third Innovation Challenge for startups and developers
Epson is expanding its third Innovation Challenge for developers and startups.
Cardata raises $100m capital to accelerate growth in product innovation
Cardata has announced a new round of growth investment.
Montreal startup Urbanoid files patent for AI solution based on location intelligence
Urbanoid has developed an innovative technology for marketers to target ads.
Human-like AI Meeranda is now a part of Microsoft for Startups Founders Hub
Meeranda announced its acceptance into the Microsoft for Startups program.
Palantir partners with Toronto-based startup AirMatrix to scale drone operations
Palantir Technologies and AirMatrix have partnered to accelerate drone operations.
Cargo airline startup Ribbit signs $1.3m to test autonomous flights in Canada
Ribbit has signed a $1.3m to test autonomous flights across northern Canada.
New PitchBook survey finds majority of venture capitalists have invested in AI
PitchBook has released findings from a new survey in partnership with Collision.
Plug and Play, Suncor partner to accelerate sustainable energy, digital transformation
Plug and Play has announced a new relationship with Suncor.
Healthtech startup WELL invests in doctorly, launches strategic alliance to tech enable German doctors
WELL Health Technologies (WELL), announced it has made a strategic investment, through its wholly owned subsidiary, WELL Ventures, in doctorly GmbH (doctorly), a medical practice management software provider based in Germany.
Canadian healthtech startup The Rounds closes $6.7m Series A funding to accelerate growth
The Rounds, a Canadian healthcare tech startup, announced the successful close of its Series A round with two follow-on investments totaling $1.6 million CAD from Panoramic Ventures.
Toronto-based startup Credential Sentry automates occupational license verification to combat negligent hiring and retention
Toronto-based startup Credential Sentry, has developed an advanced data analytics algorithm to streamline the credential verification process for businesses operating in licensed industries.
Terramera creates enrichAg to commercialize transformative soil analysis platform with $6m from At One Ventures
Terramera announced the formation of its new majority-owned subsidiary, enrichAg, which will focus on commercializing its soil enrichment platform. The seed round is led with a $6 million investment from AOV.
Canadian healthtech startup KeyOps raises $4m seed round to fuel expansion in the U.S.
KeyOps, a Toronto-based Insights-as-a-Service (IaaS) startup, announced it has raised $4 million (CAD) in seed funding.
Canadian B2B automotive trading startup TRADE X opens new trading facilities in Kenya
TRADE X, a B2B cross-border automotive trading platform based in Ontario, Canada, announced it has opened a new Kenyan trading corridor, which includes both a shared bonded warehouse in Mombasa and an office in Nairobi.
Canadian SaaS startup Produce8 closes $6m investment to accelerate growth in the future of workforce analytics
Produce8, a startup SaaS company aiming to reduce distractions and increase productivity for distributed and digital-first teams, announced $6 million in funding to support strategic growth.
Plug and Play partners with Canadian airline WestJet to leverage AI and Machine Learning solutions
Global innovation platform Plug and Play announced its partnership with WestJet, Canada's second largest airline in both their Silicon Valley and Alberta, Canada locations.
Montreal-based BoostSecurity exits stealth with $12m seed funding to secure the software supply chain
BoostSecurity, the developer-first, zero friction DevSecOps automation platform that builds trust into every step of the software supply chain, has emerged from stealth with $12 million in seed funding.
[Startup Interview] Ganesh Verma, Founder, MoogleLabs, Canada
MoogleLabs is a Canadian startup that leverages emerging technologies like artificial intelligence, machine learning, Blockchain, DevOps, and Metaverse to come up with innovative solutions that help companies become more cost-effective.
Canadian Lia 27 becomes the new face of AI after closing seed funding round at $5m valuation
Canadian Artificial Intelligence (AI) company Lia 27 Inc, announced it has closed a seed funding round valuing the company at $5 million. The funding launches the one-year-old business into the next dimension.
Idealist Capital announces first close of its Climate Impact Fund to accelerate energy transition
Idealist Capital, a North American fund with a primary focus on the Canadian market, announced the first closing of the Idealist Climate Impact Fund LP (the Fund) with capital commitments totalling C$250 million.
Canadian Raven Indigenous Capital Partners launches Fund II at $46m, eyes U.S. markets
Raven Indigenous Capital Partners, North America’s only Indigenous-led and owned venture capital intermediary, launched its second fund (Raven Fund II) with an initial close of $46 million, and a target size of $75 million.
London-based Claret Capital raises €297m fund to back European tech startups
Claret Capital, the London-based Pan-European growth capital provider, announced the final closing of Claret European Growth Capital Fund III (Fund III), to back European tech startups.
Swedish payment startup Billogram raises €15m to accelerate growth in Europe and the DACH region
Swedish invoicing and payment startup Billogram has raised €15 million in funding round led by Swisscom Ventures, with participation from Partech, CNI Nordic and Inbox Capital.
Healthcare startup Prolocor announces $5.2m funding from seed round and NIH SBIR grant
Prolocor, a healthcare startup developing an innovative precision diagnostic test with the potential to predict the risk of thrombosis by quantifying FcγRIIa on the surface of platelets, announced the closing of an oversubscribed $3.2 million seed round.
SheMatters raises $1.5m seed funding to address medical neglect and Black maternal morbidity in the U.S.
SheMatters, an online platform and mobile app designed to support Black women/WOC who experience postpartum comorbidities, announced the close of over $1.5 million in seed funding.
UPTIMA secures investment from Salesforce and Docusign Ventures to fuel growth and expansion
Uptima, a global consulting and system integration firm, announced it has received funding from Salesforce Ventures and Docusign Ventures, to continue to enhance its IP-based accelerator, Everything-to-Revenue™.
Dublin-based startup Protex AI raises $18m to protect workplace accidents
Dublin-based startup Protex AI has raised a total of $18 million of investment to help further grow its presence in Europe and North America, led by Notion Capital.
FMO partners with SBC AfriTech to support next generation of early-stage African tech startups
FMO has partnered with a pan-African tech accelerator, Startupbootcamp (SBC) AfriTech, for the third installment of the Africa Startup Initiative Accelerator Program which is designed to scout skill and scale early-stage tech startups in Africa.
South Korean animation Startup Plask releases motion capture tool to democratize 3D animation
Plask, a 3D animation startup has unveiled its namesake premium motion capture and animation SaaS tool that makes 3D animation more accessible than ever.
EMURGO Ventures invests in DoraHacks to scale Cardano's Web3 developer pool and dApp ecosystem
EMURGO Ventures, the venture arm of EMURGO, one of the founding entities of Cardano blockchain, announced an investment into DoraHacks, a Web3 hackathon organizer.
Telit acquires California-based startup Mobilogix to provide custom IoT project and solution design services
Telit, a global leader in the Internet of Things (IoT), announced the acquisition of group assets from Mobilogix, a California-based startup company specializing in custom IoT solutions worldwide.
Nigerian fintech startup Grey raises $2m to simplify cross-border payments across Africa
Nigerian fintech startup Grey has raised $2 million in seed funding to simplify cross-border payments across Africa. The seed funding round included participation from Y Combinator, Soma Capital, Heirloom Fund and other high-profile investors.
Swiss tech startup deskbird raises $5m to accelerate growth across Europe
deskbird, a Swiss-based tech company on its way to becoming Europe’s leading workplace management platform, announced the closing of a $5 million Pre-Series A financing round.
Copenhagen’s AI cybersecurity startup Muninn raises €2.5m seed round led by Luminar Ventures
AI-driven cybersecurity platform Muninn, headquartered in Copenhagen, has secured a €2.5 million seed round led by Luminar Ventures, with previous investor PreSeed Ventures (PSV) participating.
Los Angeles-based startup RentSpree raises $17.3m Series B funding to propel growth in the rental market
RentSpree, the industry's premier end-to-end rental management software provider, announced it has closed $17.3 million in Series B financing.
Kenyan startups raised $820m in VC funding in the first half of 2022, data
Kenya has secured an enviable position among the most competitive innovation and investment destinations in Africa. The country’s attractiveness has seen Big-Tech companies troop in to set shop in the capital, Nairobi.
Nigerian B2B e-Commerce startup Omnibiz raises $15m for expansion
Nigerian B2B e-Commerce startup Omnibiz has raised $15 million pre-Series A round ($5 million equity and $10 million debt) led by Timon Capital, Ventures Platform, Lofty Inc, Chapel Hill Denham, Chandaria Capital and Musha Ventures.
Belgian startup Magnax raises €20m for axial flux “pancake” electric motors
Belgium-based Magnax, technology leader in axial flux electric motors, has closed a €20 million funding round and adds two new investors; BIG Capital, who led the round, and SFPIM.
Octopus rolls out €220m to drive green power generation, backs Exagen to build UK’s largest battery
Octopus Energy Group launched its new renewables fund Octopus Energy Development Partnership (OEDP), as the fund makes its debut investment in renewables developer Exagen to build new green energy.
Erie Insurance launches venture capital fund to accelerate innovation
Erie Insurance, an auto, home, business and life insurance company based in Erie, Pennsylvania, announced the establishment of Erie Strategic Ventures to support visionary entrepreneurs.
Mobile gaming platform startup INK Games secures $18.75m Series B financing
INK Games (INK), an Austin-based startup building a social gaming and commerce platform, announced it has secured $18.75 million of funding through its Series B equity round.
South Korean edtech startup Day 1 Company announces plans to Dive into US
Korean edtech startup, Day 1 Company, announced plans to enter the U.S. market with the launch of a new product, Dive.
Eurobio acquires 100% of Dutch transplant diagnostics startup GenDx
Paris, France-based Eurobio Scientific (Eurobio) has reached agreement to acquire all outstanding shares of Dutch-based transplant diagnostics startup GenDx for an amount of €135 million (net of adjusted cash) to be paid in cash at closing to its current shareholders.
German startup Dryad closes €10.5m Series A funding to speed up early wildfire detection technology
Dryad, the only provider of solar-powered environmental sensor networks for ultra-early wildfire detection and forest monitoring, has closed €10.5m in Series A funding.
Munich-based Celonis secures $1b to fight economic and supply chain challenges
Celonis, the global player in execution management, announced it has secured an additional $1 billion in funds to accelerate its unique position to help customers thrive in challenging economic environments.
Pace raises $5m to integrate product-led growth with enterprise sales
Pace, a startup building a product-led revenue platform, has raised a $5 million Seed investment led by Work-Bench. Pace simplifies the transformation from traditional enterprise sales motions to a hybrid, product-led approach.
ZEBOX America selects new batch of startups to reimagine global logistics and mobility
International startup incubator and accelerator ZEBOX America announced a new cohort of 9 startups, marking a key milestone as the tech hub works to reimagine and revitalize the North American supply chain, logistics, mobility and Industry 4.0 sectors.
[Startup Interview] Collins Kathuli, Co-founder and CEO, Kyanda, Kenya
Kyanda is a Kenyan fintech startup that offers Digital Financial Services to businesses, SMEs and citizens.
[Startup Interview] Alfiya Kayumova, CEO and co-founder, Green Growth, USA
Green Growth is a US-based agritech startup that runs a software and hardware-based solution consisting of a set of sensors, combined in a single infrastructure.
[Startup Interview] Jelmer Van Der Linden, Co-Founder, De HardloopSchool, Netherlands
De HardloopSchool is a Dutch sports and fitness startup that offer physical and online classes on running by allowing learners to run wisely, efficiently and relaxed, which reduces the risk of injury and allows one to perform to their maximum potential.
Canadian startup Vive Crop Protection closes $26m funding round to accelerate its precision chemistry platform
Vive Crop Protection announced the close of $26 million Series C investment round, led by Emmertech with participation from the Cibus funds, and existing investors Business Development Bank of Canada (BDC).
Early-stage startups don't stand to benefit from Inflation Reduction Act, Kruze Consulting
The Inflation Reduction Act of 2022 doubles the R&D Tax Credit from $250,000 to $500,000, a popular tax credit used by unprofitable startups. However, an analysis by Kruze Consulting shows that the earliest-stage startups will likely not benefit from this increased credit.
Savannah Logistics Innovation Center, Plug and Play announce first cohort of their accelerator program
The Savannah Logistics Innovation Center (SLIC) and Plug and Play announced the first cohort of selected startup companies chosen for their accelerator program.
Japanese healthtech startup Ubie raises $26.2m Series C funding to fuel business growth in Japan and the U.S.
Ubie, a Japanese healthcare AI startup with a mission to develop a healthcare guide for everyone, announced it has raised $26.2 million in the 1st round of Series C funding.
Dubai tech startup Educatly appoints LinkedIn's Executive Ali Matar to Board of Advisors
Dubai-based tech startup Educatly has appointed Ali Matar, Head of LinkedIn MENA and EMEA growth markets, to its Board of Advisors.
Nigerian last-mile delivery startup Kwik launches in Ibadan
Nigerian last-mile delivery startup Kwik Delivery announced it has officially launched its innovative and just-in-time delivery solutions to merchants, entrepreneurs, businesses, government agencies and social vendors in Ibadan.
Cherubic Ventures completes $110m Fund V, brings total committed capital to over $400m
Cherubic Ventures announced the successful completion of the venture capital firm's Fund V at $110 million, with a total of over $400 million in committed capital under management.
UK-based Medi-science International partners with Kenyan healthtech startup Afya Rekod to enhance healthcare delivery
UK-based Medi-science International and Kenyan healthtech startup Afya Rekod have announced a strategic collaboration to transform healthcare delivery through improved access to personal health data.
BASF Venture Capital and Dutch-based Aqua-Spark invest in Sea6 Energy as part of Series B financing round
BASF Venture Capital, the corporate venture company of BASF SE, Germany, and Aqua-Spark, a Dutch investment fund focusing on the global aquaculture industry, are investing in Sea6 Energy as part of a Series B round.
Kenyan e-Logistics startup Lori Systems raises funding from Google to facilitate expansion efforts
Kenyan e-logistics startup Lori Systems which operates across East Africa, announced it has raised an undisclosed amount of Round B funding from Google, to facilitate the company’s expansion efforts.
Kenyan agritech startup IProcure secures $10.2m Series B funding to accelerate growth
iProcure, Africa’s tech and data-driven agricultural inputs supply company, announced the close of a $10.2 million Series B funding round that raised debt and equity from a diverse group of international investors.
Insurtech startup Ledgebrook raises $4.2m to provide best-in-class quoting experience to wholesale brokers
Ledgebrook, a Boston-based insurtech startup, announced it raised $4.2 million in seed funding to build out its operations with the goal of writing its first policies in Q4 2022.
Pomelo fintech launches with $20m seed capital
Pomelo announced a Series Seed of $20 million in venture capital and $50m in warehouse facility for a total of $70m in seed financing, and is the first company to combine credit and international money transfer.
Customer experience startup Hark raises >$1.5m to build a new video-focused support channel
Hark, a New York-based customer experience startup, has raised more than $1.5 million to launch a new, video-based customer experience channel aimed at helping companies deliver a best-in-class experience while decreasing costs.
Explo raises $12m Series A funding to build customer-facing analytics, releases self-serve onboarding
Explo, a customer-facing analytics solution for sharing data across any platform, announced $12 million in Series A funding, bringing the company's total amount raised to $15 million.
South African gaming startup Skrmiish secures $2.5m seed round to speed growth
Cape Town-based Skrmiish, a mobile “play-to-earn” app that enables gamers of every level to earn cash in every match they play across the AAA+ games they love, has raised a $2.5 million seed round to speed its global growth.
AI gaming and Esports startup Regression Games exits stealth with $4.2m seed funding from NEA and a16z
Regression Games, the AI gaming and esports company announced it has closed $4.2 million in seed funding led by New Enterprise Associates (NEA).
Bush Foundation invests $1.5m in Brown Venture Group to widen investment door for Black, Indigenous and Latinx entrepreneurs
Brown Venture Group announced it will receive an investment of up to $1.5 million from the Bush Foundation.
Budmail announces partnership with Canadian AI startup Lil Durk
Lil Durk (LilDurk.com), a Canadian news & technology company enhanced by AI-driven neural networks, has announced a strategic partnership agreement with Budmail, a retail-focused cannabis company.
Agya Ventures closes $32m fund to back early-stage startups shaping the future of real estate and metaverse
Agya Ventures, a venture capital firm focused on early-stage real estate and construction technology, announced the close of its $32 million fund ('Fund I').
Equinor Ventures joins climatetech startup incubator Greentown Labs as newest Terawatt Partner
Greentown Labs, the largest climatetech startup incubator in North America, announced that Equinor Ventures has joined as its newest Terawatt Partner, the highest level of partnership with the incubator and its community of climatetech startups.
Philadelphia-based startup Stimulus raises $2.5m oversubscribed seed round to help companies build better supplier relationships
Stimulus, a Philadelphia-based relationship intelligence (SaaS) startup in the supply chain space, raised an oversubscribed $2.5 million seed round led by Black Ops VC.
Dropbase raises $1.75m round to help import, manage, and query messy CSVs and Excel files in analytical databases
Dropbase, the collaborative data import and data management platform, raised a $1.75 million round led by Gradient Ventures (Google's AI-focused venture fund).
South African agritech disruptor AgriKool drives down food costs for consumers, increases profits for farmers
AgriKool, a South African e-trading platform, is connecting agricultural producers to buyers to facilitate the sale of products between retailers and farmers.
SaaS startup Klavi raises $15m to grow open finance solution, develop new B2B products
Klavi, a SaaS platform in data aggregation, analytics, and API services, who aims to empower companies with its Open Finance solutions , has just received an investment of $15 million.
Las Vegas startup Boxabl raises capital to continue disrupting the housing market
Las Vegas based startup Boxabl announced an undisclosed capital raise to continue disrupting the housing market.
UK-based Conversational intelligence startup Jiminny raises €16.5m to fuel international expansion
Jiminny, a UK headquartered conversation intelligence provider supporting sales teams across the world, has closed a $16.5 million series A funding round led by Kennet Partners, a transatlantic growth equity firm.
Taiwanese martech startup Wavenet raises $3m series B round to expand in Japan and North America
Taiwanese marketing technology (martech) startup Wavenet, announced the raise of $3 million in series B round, to expand its operations to Japan and North America, and hire more international talents to join the team.
West makes minority investment in Dublin-based vaccine and biologics startup Latch Medical
West Pharmaceutical Services, a global player in innovative solutions for injectable drug administration, announced it has made a strategic investment in Latch Medical, a Dublin-based startup leading in next-generation vaccine and biologics delivery technology.
Crowdfunding platforms StartEngine and Indiegogo team up to help startups raise capital from ideation to Series C
Crowdfunding platforms Indiegogo and StartEngine have teamed up to ensure that startups have continuous access to the capital they need.
Modern intranet startup Haystack announces Connect, a tool to foster deeper relationships among colleagues
Haystack, the modern intranet company making big companies feel smaller, rolled out Connect - a feature that uses first-party employee-profile data to intelligently pair employees.
T-Mobile accelerator startup Krikey brings NFT puppies to the Flow blockchain
Krikey, a gaming studio with more than 5 million users, announced the launch of SolarPups on the Flow blockchain.
German tech startup Cyanite announces new investors to support vision of universal music translation
Cyanite, a German tech company with various solutions in AI-powered music tagging and search, has closed an investment round with leading entrepreneurs from the music and technology industries.
Chinese Grand Pharma backs Dutch medtech Xeltis with €15m
Xeltis, a medtech company developing the most advanced polymer-based restorative cardiovascular devices, announced that a Chinese company, Grand Pharmaceutical Group, has committed to invest €15 million in equity and license fees.
Income verification startup Truework raises $50m Series C funding to accelerate growth
Truework, a fintech startup that provides income and employment verification for the nation's largest mortgage, auto, and consumer lenders to approve more borrowers in a fraction of the time, announced it raised $50 million in Series C funding.
Web3 infrastructure firm Fortress Blockchain Technologies announces $22.5m seed funding
Fortress Blockchain Technologies announced it has raised Seed funding of $22.5 million led by Ayon Capital. The round also included Soaring Investment Management, Fortress' founder Scott Purcell.
Bain Capital leads $12m seed round for scalable blockchain startup RISC Zero
RISC Zero announced a $12 million seed round led by Bain Capital Crypto. Follow-on investors include Geometry, D1 Ventures and Cota Capital among others.
Canadian AI startup Proto raises $5.6m Series A funding to accelerate global expansion
Canadian startup Proto announced it has raised $5.6 million Series A round led by Mucker Capital with participation from Yolo Investments for the global expansion of its AI Customer Experience (AICX) solutions.
Finnish edtech startup Kide Science raises €1m bridge round to accelerate growth
Finnish edtech startup Kide Science announced it has raised €1 million, to support their new and exciting bid to expand from primarily science education, into all early years subjects.
German space tech startup LiveEO secures €19m to bring space data insights to Industry 4.0
Berlin-based space tech startup LiveEO has secured €19 million in funding in what is one of the largest investments to date in Earth Observation in Europe.
Israeli AI mobility Nexar acquires Portuguese startup Veniam to open unlimited possibilities for data-rich mobility applications
Nexar, an AI mobility company, announced it has entered into an agreement to acquire Veniam, the provider of intelligent networking for the internet of moving things.
Kenyan mobile commerce startup Copia unveils manufacturing unit for sugar and rice production
Copia Global, a Kenyan-based mobile commerce platform has unveiled a new manufacturing unit to enhance its output of affordable sugar and rice to the Kenyan market.
Involta partners with tech startup HacWare to expand enterprise cybersecurity awareness services
Involta, a data center, hybrid IT, and cloud-forward consulting firm, announced a partnership with HacWare, an AI-driven cybersecurity awareness and training SaaS (Software-as-a-Service) product that combines threat intelligence with user behavior.
Israeli cybersecurity startup Canonic Security launches AppTotal API to streamline app-vetting for security teams
Canonic Security, a Tel Aviv-based cybersecurity startup providing a platform controlling third-party applications and integrations, announced the launch of the AppTotal API.
London-based VC firm Flashpoint unveils $102m close of its VCIII fund, secures first institutional investment partner
Flashpoint Venture Capital, an international technology investment firm announced that Széchenyi Funds signed up for a commitment of $20 million in Flashpoint’s VC III.
Venture capital firm JVP expands operations in New York, welcomes new partners and investors
Venture capital firm JVP announced it is expanding its activities in New York. Along with new investments in Fintech, Blockchain, Cyber, Climatech, Foodtech, and Digital Health, the fund has focused on growth.
Digital government and payments startup PayIt closes $90m growth investment fund
PayIt, the company modernizing interactions between governments and residents, has closed a $90 million investment from Macquarie Capital Principal Finance.
Data collaboration startup Sympatic raises pre-seed round to revolutionize zero-copy data use
Sympatic, a data collaboration platform that allows users to create and manage safe data sandboxes in their cloud of choice, announced it has raised a pre-seed round of funding led by Saltagen Ventures with participation from ScaleGood Fund.
Top Tier Capital Partners raises $925m to invest in its Velocity strategy
Top Tier Capital Partners (TTCP) announced it has closed on $925 million in new capital commitments for Top Tier Venture Velocity Fund 4 (VVF4), as well as a collection of separate accounts, one of which focuses on late-stage climate tech co-investments.
Kenyan insurtech startup Lami Technologies raises $3.7m to expand across Africa
Kenya-based insurtech startup Lami Technologies has raised a $ 3.7 million seed extension to expand its insurtech product across Africa.
Canadian news and technology startup startup Lil Durk raises $20m to reduce misinformation
Lil Durk (LilDurk.com), a Canadian news and technology startup enhanced by A.I.-driven neural networks, announced it has raised an additional $20 million in equity through a private funding round led by Alexander Elder.
Product search engine startup Vetted raises $15m to vet trustworthy product data for consumers
Vetted (formerly Lustre) announced the launch of its AI-powered product search engine, alongside a $14 million Series A investment round led by global software investor Insight Partners.
Boston-based crypto fund startup Triblock emerges out of stealth
Triblock, a Boston-based investment and advisory firm co-founded in 2019 by Matt Batsinelas and Bennett Collen, announced the startup has emerged out of stealth, after making over 20 investments while operating in stealth.
Autonomous robotics delivery startup Ottonomy closes $3.3m seed financing round
Ottonomy.IO, the autonomous robotics delivery startup, announced the close of its seed funding round of $3.3 million bringing its total funding to date to $4.9 million, supporting the scale of Ottobots for fully autonomous airport, retail and restaurant deliveries.
Israel Natural Gas Lines invests in monitoring infrastructure startup Prisma Photonics
Israel Natural Gas Lines (INGL), announced a strategic investment in Prisma Photonics, a startup that develops advanced system for monitoring critical infrastructure in real time.
VMG Catalyst closes $400m Fund II to scale commerce venture capital space
Venture capital firm VMG Catalyst announced the closing of Fund II at its target of $400 million, bringing the total capital raised to $650 million across both funds.
Dutch home sustainability startup Woon Duurzaam receives €2.2m financing for further scaling up
EIT InnoEnergy supported Woon Duurzaam has received €2.2 million in a second investment round. The money will come from new investors Oneplanetcrowd and ROM InWest, and from existing shareholders EIT InnoEnergy and DOEN Participaties.
Madrid-based healthtech startup Idoven raises €18.5m to develop its AI platform
Idoven, a Madrid-based healthtech startup, specialised in early detection and precision treatment of cardiovascular disease (CVD), raised €18.5 million, to continue developing its artificial intelligence (AI) platform to identify arrhythmias and cardiac anomalies.
Israeli startup Frontegg raises $40m to solve user management for B2B SaaS
Frontegg, the user management platform for B2B apps, announced a $40 million in series B funding co-led by Stripes and global software investor Insight Partners.
Taiwanese tech startup Cubo Ai launches new sleep sensor pad to boost AI baby monitoring system
To further boost the safety of newborn babies as well as the peace of mind of parents, Taiwanese tech startup Cubo Ai has launched a new product to augment its award-winning Cubo Ai Plus Smart Baby Monitor - the AI Sleep Sensor Pad.
Taiwanese startup PrecisemAb announces progress towards vision of safest antibody treatment with no side effects
PrecisemAb Biotech, a biotechnology research company based in Kaohsiung, Taiwan, announced it has continued to stay true to its vision of enhancing antibody drugs by reducing side effects.
Francisco-based foodtech startup Lypid partners with Louisa Coffee to bring plant based burger patties
Lypid, a global leader in alternative fat, announced its partnership with Louisa Coffee, the largest coffeehouse company in Taiwan, to serve juicy, meaty plant-based burger patties to over 500 shops nationwide.
Battery tech startup Britishvolt confirms UK Government funding boost for its battery cell gigaplant
Battery technology pioneer Britishvolt confirmed funding from the UK Government through its Automotive Transformation Fund (ATF) run by the Advanced Propulsion Centre UK following a confirmation letter.
Kenyan wealth-tech startup Ndovu partners with Tulix to empower Africa’s diaspora to invest back home
Africa’s wealth management platform Ndovu has announced a strategic partnership withTulix, an Antler & Catalyst Fund portfolio company.
Biotech startup Novasenta completes $40m Series A to advance novel cancer therapeutics
Novasenta, a biotechnology startup focused on the discovery and validation of novel targets to develop cancer therapies, today announced the completion of $40 million in Series A financing led by UPMC Enterprises.
Golden Gate Ventures announces new hires to bolster startup golden triangle growth
Golden Gate Ventures, a venture capital fund in Southeast Asia (SEA) founded by Silicon Valley natives, announced the expansion of its Vietnam and Indonesia teams.
Taiwanese Startup Mindtronic AI opens way to the future of mobility with Meta-Service ecosystem
Mindtronic AI, a Taiwan-based startup, unveiled the world's first Meta-Service, a biometric sensing technology that provides instant access to any visible object in the real world.
U.S.-based compliance startup Kompliant closes $14m seed round to accelerate growth
Kompliant, the U.S.-based compliance startup closed a $14 million seed round led by Level One Fund. Kompliant solves for end-to-end compliance lifecycle management through leading-edge technology and innovative workflows.
Canadian biotech startup Spiderwort secures $13.2m financing to accelerate clinical trials of biomaterials
Spiderwort, the biotech company innovating in cellulose-based tissue scaffolding to treat acute spinal cord injuries, announced the successful completion of its $13.2 million Series A financing.
Inovia Capital closes $325m early-stage fund to strengthen the Canadian tech ecosystem
Inovia Capital announced it raised $325 million for its fifth early-stage fund, the latest step in its journey to help build global, sustainable companies that strengthen the Canadian tech ecosystem.
Canadian digital footprint monitoring startup Flare raises CAD$9.5m Series A to democratize cybersecurity
Flare, the leader in digital footprint monitoring, announced a CAD$9.5 million Series A Round led by Inovia Capital with participation from White Star Capital and Luge Capital.
Vancouver cleantech startup VoltSafe introduces electrical technology to reduce the effects of inflation
Vancouver cleantech startup VoltSafe has introduced a new electrical technology to reduce inflation effects in marine, automotive and housing industries.
Canadian biotech startup Evolved Meats raises $2m seed round to accelerate growth
Evolved Meats ("Evolved"; formerly known as CaroMeats), a Canadian biotechnology startup, has raised $2 million in its seed round to accelerate its product development and to support the initial scale up of its production processes.
Canadian medical startup DrugBank raises $9m to solve growing biomedical data problem
Canadian future of medicine startup, DrugBank, announced the securing $9 million in seed funding to solve the challenges associated with the world's exponentially-growing biomedical data.
Construction tech company myComply closes $4.5m seed round to expand its workforce management solution
myComply, a Saskatchewan-based of IoT technology and cloud-connected software for the construction industry, landed its final capital to close its seed round investment at a total of $4.5 million.
Canadian healthtech startup Clinia raises $5m to power personalized pathways into every health journey
Montreal-based startup Clinia, the personalized health navigation platform, announced a $5 million CAD Seed funding round to scale the growth of its health search infrastructure across North America.
Canadian tech startup Calico secures $2.1m to revolutionize modern supply chains
Calico, the developer of the first AI-powered smart supply chain management platform, announced it has raised $2 million in seed funding. The growth financing is led by Serena Ventures following 300% growth since January 2022.
Canadian impact venture fund Amplify Capital closes $30.7m Fund II, expands investment team
Amplify Capital, a Canadian impact venture fund, closed its oversubscribed Fund II on January 31, 2022, at $30.7 million. Amplify Capital was rebranded from the MaRS Catalyst Fund after spinning out of the MaRS Discovery District in 2019.
Canadian fintech startup Periculum launches in Nigeria to build credit assessment infrastructure for Africa
Canadian fintech startup and credit assessment company Periculum, has launched in Nigeria to tackle the challenge of domestic credit to the underserved markets.
Canadian fertility tech startup raises Series A financing round to progress AI-enabled fertility solutions
Future Fertility, a fertility technology company developing AI-enabled and non-invasive fertility solutions to optimize clinical decision making in fertility care and in vitro fertilization (IVF), announced it has successfully raised a Series A financing round.
Canadian electric vehicle startup eLeapPower raises $21m funding to accelerate initial production and global growth
eLeapPower, a technology innovator revolutionizing electric vehicles inside and outside, with its Smart Inverter System, announced it raised $21 million CAD in Series A funding.
Canadian fintech startup Payment Rails rebrands as Trolley, closes $7 million funding
Canadian Fintech startup Payment Rails has revealed that it is rebranding as Trolley—the payouts platform for the internet economy. The newly renamed Trolley also announced its recent $7M Series A funding round led by Pace Capital.
Canadian bike-tech startup MyVeloFit secures seed funding to scale up its operations, expand service offering
Canadian bike-tech startup MyVeloFit secured seed funding with Shopify's former Chief Technology Officer Cody Fauser leading the investment.
Canadian startup OutPoint raises $1.2m to help high-growth brands improve paid marketing effectiveness
OutPoint, an automated media mix modeling (MMM) platform, announced it raised $1.2 million in pre-seed funding to transform how high-growth consumer brands measure paid media effectiveness and diversify marketing investments.
Axelar secures investment from Crypto.com Capital to bolster its efforts to connect blockchain ecosystems
Axelar, the universal interoperability network connecting all blockchain ecosystems, applications, assets, and users, announced it has secured a strategic investment from Crypto.com Capital, the investment arm of cryptocurrency giant Crypto.com.
Toronto-based mobility startup Treepz expands to East Africa, acquires Uganda's Ugabus
In a bid to digitize the public transportation system and provide safer, reliable and comfortable commute options across Africa, Toronto-based shared mobility company Treepz, announced its acquisition of a similar Ugandan bus company Ugabus.
Healthy dog food delivery startup, Dog Standards, launches in Canada
The company will be one of the first of its kind in Canada to offer human-grade, vet-developed and preservative-free dog food direct-to-consumers across the country.
Pan-African fintech startup Payday joins Techstars Toronto Accelerator program
Payday, a Pan-African fintech startup announced it has joined Techstars Toronto Accelerator program.
Canadian energy startup Pani secures $8m to scale up AI solution to improve water and energy efficiency in water treatment facilities
Pani, a Canadian software-as-a-service (SaaS) company, announced the completion of an oversubscribed $8 million CAD capital raise.
Canadian precision-farming startup Semios raises $100m in capital to expand agtech platform globally
Semios, a precision-farming platform and one of the world's largest independent agtech solutions providers, announced it has raised $100 million in funding led by Morningside Group, a Boston-based private equity and venture capital firm.
Alberta tech startups to plug into global innovation system through new business accelerator
Alberta tech entrepreneurs and startups will soon have access to an accelerator with worldwide reach that will help them grow their businesses.
Canadian supplier enablement startup Convictional raises $6.7m Series A funding
Convictional, the first supplier enablement platform for retailers and distributors to power drop ship, marketplace and wholesale business models in one solution, announced it has secured $6.7 million in Series A funding.
Canadian machine learning startup Private AI secures $3.15m seed round to streamline privacy compliance for enterprises
Private AI, a developer of privacy-preserving machine learning and natural language processing tools, announced it has secured $3.15 million in seed funding to improve its product offering.
Canadian machine learning startup CruxOCM raises $6m venture financing to accelerate growth
CruxOCM, the pioneer of robotic industrial process automation (RIPA) for control room operations, announced it has raised $6 million in venture financing to fuel growth.
Canadian plant-based food innovation startup TMRW Foods raises $2.6m in seed round funding
TMRW Foods, the growing Canadian plant-based food innovation company, announced a seed round investment of $2.6 million.
Foodtech startup GrubMarket acquires Bartolotta, further expands in Eastern US and Canada
Food technology startup GrubMarket announced it has completed the acquisition of Bartolotta, a full-service provider of fresh fruits and vegetables to customers in New England, the Mid-Atlantic and Eastern Canada.
Canadian tech startup Edgehog secures $1.25m seed round to accelerate growth
Edgehog Advanced Technologies, developer of the world's best nanotextured, omni-directional, anti-reflective glass, announced the first closing of $1.25 million of its $2.5 million seed capital raise.
Tech startup Properly raises $35m Series B financing to transform real estate experience In Canada
Properly, the Canadian tech-enabled real estate brokerage, announced $35 million in Series B financing to fuel a national expansion across Canada's $400 billion real estate market.
Canadian space-tech startup SkyWatch partners with Wyvern to deliver next-gen earth observation data
SkyWatch Space Applications, a Waterloo-based space technology startup, signed an agreement to deliver data management capabilities to Wyvern, a commercial space data company headquartered in Edmonton, Alberta, Canada.
Toronto-based multifamily proptech startup Yuhu launches in the US
Toronto-based multifamily proptech startup Yuhu announced a market entrance into the U.S. operations technology marketplace, offering their unique co-innovative property management software solution to owners and managers across the United States.
Canadian Esplanade Healthtech Ventures closes oversubscribed inaugural digital health fund
Esplanade HealthTech Ventures (Esplanade or the Fund), announced the closing of its oversubscribed inaugural venture fund, Esplanade HealthTech Ventures I (Fund I), with commitments totaling more than C$21 million.
Food startup OZO expands plant-based proteins to international retail starting in Canada
Planterra Foods, an innovative plant-based protein startup based in Colorado, announced a supply agreement with UNFI Canada, a subsidiary of UNFI, the largest publicly traded grocery distributor in North America.
Canadian commercialization venture firm FACIT leads seed round in Nanology Labs
FACIT, a commercialization venture firm focused on advancing Ontario's top-tier oncology innovations, announced a new follow-on investment in startup Nanology Labs.
Payment facilitation startup Tilled raises $11m Series A to provide PayFac-as-a-Service infrastructure to software companies
PayFac-as-a-Service startup Tilled, announced the close of $11 million in Series A funding to empower software companies to monetize the payments flowing through their platforms.
Canadian startup OpenUnit closes $1m seed round for expansion
OpenUnit, a Y Combinator-backed all-in-one commerce platform for self-storage facilities, announced that it has raised a $1 million seed investment round with participation from luminaries in the real estate and technology industries.
Creator platform Fanbase attracts high-profile artists and creators, expands into three new territories
Fanbase, the subscription-based social platform that empowers creators to monetize their content and grow their fanbase, is on the verge of closing its seed round, already raising $3.1 million dollars on StartEngine.
Plug and Play Canada selects 12 startups to participate in Toronto Supply Chain and Logistics Program
Plug and Play Canada announced the selection of 12 startups into the first batch of the Toronto Supply Chain & Logistics Program.
Canadian startup Agnostiq secures $2m seed round to further develop SaaS-based quantum solutions
Agnostiq, Inc., the quantum computing SaaS startup, has raised $2 million in seed funding to support the continued development of its software platform.
Agora debuts program to help startups accelerate time-to-market, create engaging experiences for customers
Agora Inc., a pioneer platform for real-time engagement APIs, announced the debut of the Agora Startup Program to empower global entrepreneurs and startup founders with exclusive backend support for real-time engagement.
SOSA teams up with the CTA to scale Canadian cyber startups in the U.S
SOSA, the global open innovation company, announced its partnership with the Canadian Technology Accelerator (CTA), to launch the next CTA Cybersecurity, Privacy & Compliance Virtual Program in New York.
Canadian startup Arteria AI raises $11m on oversubscribed Series A to accelerate growth in global financial institutions
Arteria AI, a global player in enterprise digital contracting, announced the closing of an oversubscribed Series A funding round, led by Information Venture Partners and Illuminate Financial Management.
Canadian fintech startup FIX4 set to transform car repair loan market
Canadian retail finance startup FIX4 Capital has joined the "Buy Now Pay Later" boom by offering instant online loan approvals so customers can enjoy flexible payment solutions for any car repair and maintenance estimates.
Canadian cybersecurity startup Turnstil.Cloud bot analytics & management for cloudflare emerges from stealth
Turnstil.Cloud, a Canadian cybersecurity startup specializing in real-time bot analysis and management, announced it has emerged from stealth with the publication of a SaaS bot management solution for Cloudflare users.
Nex Cubed partners with Canadian government to support digital health startups
Nex Cubed, early-stage innovation and startup acceleration, announced a partnership with the Government of Canada to launch the SoCal Tech Highway Digital Health Program to support Canadian Digital Health startups .
EUNIKE Ventures partners with Foresight to accelerate growth of cleantech ventures in Canada
Foresight Cleantech Accelerator Centre (Foresight) and Eunike Ventures (Eunike) announced a collaborative partnership to further accelerate the growth of Canadian companies with promising cleantech solutions for the energy industry.
[Startup Interview] Wayne Madhlangobe, Co-Founder, Intelius AI, Canada
Intelius AI is a Canadian startup offering an array of advanced analytics consulting services across industries and assisting businesses to leverage artificial intelligence to make confident and informed decisions. The startup's co-founder and CTO, Wayne Madhlangobe, explains.
Canadian tech startup Vegano disrupts meal-kit delivery services market
Vegano, Canada's first plant-based meal-kit delivery service, is helping Canadians take plant-based living beyond Veganuary. Following its official launch on January 4, 2021, Vegano has delivered over 800 meals.
Canadian edtech startup Wize raises $3m to enhance online learning experience
Wize, a fast-growing online education platform that delivers course-specific video tutorials and exam-like practice problems for high school, college, and university students across North America, announced it has raised $3 million in funding.
Canadian startup Tealbook raises $14.4m Series A funding to accelerate growth
Tealbook, the Trusted Source of Supplier Data, announced it closed $14.4 million on the heels of tremendous growth, in an A round with lead investor, RTP Global.
Canadian hormone tracking startup Eli raises $1.5m to reshape women's health
Eli, a company enabling women to own their fertility and health decisions with a novel hormone tracking technology, announced its $1.5 million seed round co-led by Vectr Ventures and 2048 Ventures.
Canadian financial-planning startup Planswell eyes global expansion with C-suite appointments
Planswell, the Toronto-based startup delivering free financial plans in about three minutes at Planswell.com, is preparing for expansion to Latin America and Asia by filling key executive positions.
Innodem Neurosciences secures $6m Series A financing from Morningside Group
Innodem Neurosciences, a Montreal-based company, has closed a Series A financing round led by Morningside Ventures to support the development and commercialization of its proprietary, patented, digital biomarking technology of neurodegenerative diseases.
Ontario Brain Institute increases investment in Diamond Therapeutics startup to accelerate innovation in mental health
Emerging psychedelic drug development company Diamond Therapeutics has received new investment from the Ontario Brain Institute (OBI), a not-for-profit organization that accelerates discovery and innovation, benefiting both patients and the economy.
Canadian energy innovator e-Zinc raises $2.3m to accelerate commercialization of its breakthrough energy storage technology
e-Zinc, a Toronto-based energy storage innovator, announced it has raised $2.3 million in a closed round led by BDC Capital's Cleantech Practice.
Canadian tech startup 3D CityScapes to revolutionize real estate, property development industries
Canadian tech startup 3D CityScapes announced a breakthrough in its cloud streaming technology that allows their interactive visualization app to be available anywhere, on any device with internet connection.
SnapAP secures new equity investment financing led by Israel-based angel group
Snap Accounts Payable Corporation announced it has completed the first stages of a planned $2 million Seed Stage round of financing being led by a group of angel investors all located in Israel.
Canadian City MOGULS launches online startup pitch competition
Toronto-based City MOGULS lauched Moguls in The Making, an opportunity for startups to pitch their business in front of a panel of expert judges and live audience on December 16, 2020.
Canadian medtech startup Kenota Health raises $11m to bring point-of-care allergy testing to healthcare clinics
Kenota Health, an innovative medical technology company based in Canada, has raised $11 million in funding with the aim of providing rapid and reliable allergy testing for physicians to test and treat more patients within a single clinic visit.
Plant-based activewear startup TVAAG launches on Kickstarter
Plant-based activewear startup TVAAG announced its launch on on Kickstarter. Founded in P.E.I in 2020, TVAAG uses a combination of Indian traditional textile manufacturing principles and modern fabric technology in sustainable fashion.
Tech startup Nestlings raises $1.5m to help international students through college application process
Nestlings, an online portal that guides international students through the process of applying to colleges in the US, Canada, and the UK, has raised $1.5 million in a Seed Round of funding from Candid Ventures.
Toyota AI Ventures invests in Canadian robotic kitchen startup YPC Technologies
Toyota AI Ventures, Toyota's early-stage venture capital fund, announced its investment in YPC Technologies, a robotic kitchen startup based in Montreal, Canada.
Halifax partners with ShopHere powered by Google to help small businesses sell online
Halifax Partnership has launched the ShopHERE powered by Google program in Halifax, a Canadian initiative that helps small businesses build online stores.
Canadian tech startup S-Factor launches final seed fundraising round
S-Factor, a private technology firm providing the most comprehensive set of social impact data currently available on the market, announced the launch of its final seed fundraising round via a private equity placement.
S2G Ventures, CDPQ announce funding for startups in sustainable food business
Caisse de dépôt et placement du Québec (CDPQ) and S2G Ventures (S2G) have announced creation of a co-investment partnership that will target ventures that aim to make the food and agriculture industry more sustainable.
ventureLAB, Silicon Catalyst partner to expand hardware and silicon ecosystem in Canada
Canada-based technology hub ventureLAB has partnered with Silicon Catalyst to expand its reach for the Hardware Catalyst Initiative (HCI), Canada’s first hardware and silicon lab and incubator.
SaaS Ventures announces launch of second fund, raises $20m in first close
SaaS Ventures, a Maryland-based venture capital firm focused on investing in early stage enterprise technology companies in secondary markets throughout the U.S. and Canada, has announced the launch of a second fund (Fund II).
Paul Lamontagne steps down as CEO of FinDev Canada
Following close to three years as the first CEO of Findev Canada, Paul Lamontagne has announced that he is stepping down effective September 11, 2020.
Canadian startup OpenUnit raises $150K pre-seed funding from Y Combinator
Toronto-based OpenUnit announced it has raised $150,000 in pre-seed funding from US accelerator Y Combinator.
Connectus Global closes venture funding round from Texas based CSL Ventures
Canadian based Connectus Global (Connectus), closed its Seed Round of financing led by Houston, Texas based CSL Ventures, the venture capital arm of energy services private equity firm CSL Capital Management.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here