Read the news and data that companies and organizations need to ‘get funded’!
Montreal-based PreciThera has raised $28.74M in Series A funding. The round was led by Arix Bioscience with participation from CTI Life Sciences Fund, Emerillon Capital, Fonds de solidarité FTQ and Sanderling Ventures. PreciThera is a biotechnology company committed to the development of therapies for rare bone diseases using the combined application of computational technology and a deep[…]
Toronto-based Cyclica has raised $2.25M in Series A funding. The round was led by GreenSky Capital, with participation from Epic Capital, Hanhai Studio and Uni-Innovate Group. Cyclica is a technology company that offers informatics solutions for analyzing drug discovery and development data. It is focused on helping its customers navigate the drug discovery pipeline by assessing[…]
Toronto-based Greenspace Mental Health raises $1.4M in seed funding from Prime Quadrant LP. Greenspace uses validated and evidence based tools to help patients and therapists measure and track progress in psychotherapy.
Montreal-based Power Survey has raised $24M in Series A funding. The round was led by Cycle Capital, with participation from BDC Capital, EnerTech Capital, Fonds de solidarité FTQ and Investissement Québec. Power Survey is a provider of high-quality power factor correction and harmonic filtering products and services, specializing in customized, low to medium voltage solutions.
Funding for the week of July 17, 2017 under Canadian federal and provincial grants and business incentive programs reached $423.9M, down from $881.2M during the previous week. Top Sector. Community & Nonprofit is the top sector this week, attracting $169.3M, 40% of total incentives. Top Region. Quebec is the top province this week, securing $317.3M, accounting for 75% of total national[…]
Federal, provincial and territorial governments across Canada have reached agreement on a new agricultural policy framework to come into effect on April 1, 2018. Quick Facts. The Canadian Agricultural Partnership is a five-year, $3B investment that will strengthen the agriculture, agri-food and agri-based products sector, ensuring continued innovation, growth and prosperity. The Partnership will focus[…]
The Government of Canada has announced a new Call for Expressions of Interest for its Green Infrastructure Phase II program. Quick Facts. Natural Resources Canada received funding in Budget 2017 for the implementation of new national programs, including projects to support next-generation smart grid systems, reduce the reliance of northern and Indigenous communities on diesel[…]
By Christopher Reynolds The province is looking to experiment with its first-ever “chief scientist” to forward the cause of evidence-based decision-making and research. “The chief scientist will advise on the long-term vision and strategic research agenda for Ontario and provide scientific expertise on a range of province-wide issues, including the aging population, transformative technologies and climate[…]
Toronto-based Borrowell has raised $57M in funding. Borrowell has developed a simple, secure and convenient way to connect borrowers and lenders. Quick Facts. $45M in debt financing was raised from Concentra Bank and FirstOntario Credit Union. $12M in Series A funding was raised from Equitable Bank, Portag3 Ventures, White Star Capital, and FirstOntario Credit Union.[…]
Toronto-based Korsall has raised $1.4M in seed funding. Korsall is a multidimensional experiential e-commerce platform that connects fashion designers, manufacturers and logistic providers with customers from around the world to experience interact and transact all at once.