Read the news and data that companies need to get funding
Fredericton-based SimpTek has raised $700k in angel funding from the New Brunswick Innovation Foundation. SimpTek helps consumers and utility companies better understand, engage, and predict their energy usage.
The Government of Canada is partnering with Indigenous groups, fishing groups and conservation organizations, to rehabilitate critical fisheries habitat across Canada. Quick Facts. Approximately $18M are available through this latest round of funding under the Recreational Fisheries Conservation Partnerships Program (RFCPP). The program, which funds community-based activities that directly restore recreational fisheries habitat across Canada, is[…]
Ontario-based SMEs interested in taking advantage of an integrated suite of globally disruptive, advanced computing technology infrastructure and programming can now apply to participate in the IBM Innovation Incubator Project. Quick Facts. The project is offered under a partnership between OCE, IBM Canada, the province of Ontario and foundational partner the SOSCIP research consortium. Participating businesses will be[…]
Toronto-based Newtopia has raised $10M in Series A funding from Bloom Burton & Co. Newtopia is a personalized health company – leveraging personal genetics and the latest engagement science – to solve a big problem: our unhealthy lifestyles are killing us, and costing corporations a fortune.
Toronto-based Revlo has secured $2M in seed funding in a round led by Nurzhas Makishev. 1517 Fund, Foundation Capital, FundersClub, Mark Pincus, OMERS Ventures, SV Angel and Transmedia Capital also participated in the round. Revlo helps eSports streamers better connect, engage, and monetize their fanbase.
Whitby-based 360insights has raised $30M in venture capital funding in around led by Sageview Capital. EDC Equity, Klass Capital, Leaders Fund and OMERS Ventures also participated in the round. 360insights provides a SaaS-based platform that enables manufacturers and distributors to manage their incentives programs.
Laval-based Phoenix has raised an undisclosed amount of venture capital funding from Vopne Capital. Established in 1994, Phoenix manufactures stretch wrapping equipment with a full compliment of stretch wrap equipment from semi-automatic up to high speed fully automatic customized material handling systems.
Vancouver-based Mio ALPHA has secured $19M in Series B funding from Hydra Ventures. Mio ALPHA is a sports watch that provides continuous, accurate heart rate monitoring.
Quark Venture Inc., a Canadian-based VC firm, and GF Securities Company Ltd., a leading investment bank in China, have jointly established a new US$500M global health sciences venture fund to be based in Vancouver. Quick Facts. The fund, the largest of its kind in Canada, will invest globally in a diversified portfolio of biotechnology and[…]
Several manufacturers across Canada secured high levels of funding last week, including Bombardier and ArcelorMittal Tailored Blanks Americas Ltd. Quick Facts about the Bombardier Award. A consortium of 15 companies and academic institutions from across the country received $54M from the federal government’s Technology Demonstration Program. The consortium, led by Bombardier, will develop state-of-the-art electric systems and advanced[…]