Read the news and data that companies and organizations need to ‘get funded’!
Saint John-based EhEye has raised $380k in seed funding from the New Brunswick Innovation Foundation. EhEye specializes in public safety and video surveillance by using analytics and artificial intelligence.
Montreal-based Vention has raised $3.5M in seed funding. The round was led by White Star Capital with participation from Real Ventures, Bolt, and angel investors Louis Tetu, Jon Stevenson and Rob Stevens. Vention is the only digital manufacturing platform where users can 3D design, order, and assemble custom industrial equipment as fast as three business days.
Toronto-based Wattpad has raised $51M in VC funding. The round saw participation from BDC VC, Tencent Holdings, Kickstart Ventures, Raine Partners and Peterson Group. Founded in 2006, Wattpad is a free app that lets people discover and share stories about the things they love. More than 40M people around the world turn to Wattpad to[…]
The Government of Canada has opened a $100M call for proposals to fund more smart grid systems. Quick Facts. Smart grids are electric grids that make better use of existing generation, transmission and distribution assets to provide a higher quality of service to customers and result in more dynamic and flexible electricity systems and safer[…]
Automotive parts manufacturer Linamar Corporation has secured $49M in funding from the new Strategic Innovation Fund. Linamar is the fund’s first recipient. Quick Facts. The funding will help create 1,500 new jobs and maintain more than 8,000. The project supports the development of advanced manufacturing processes—including artificial intelligence (AI) and 3D printing—as well as cleaner[…]
Funding for the week of Jan. 8, 2018 under Canadian federal and provincial grants and business incentive programs reached $724.2M, down from $1.67B during the previous week. Top Sector. Community & Nonprofit is the top sector this week, attracting $669.7M, 92% of total incentives. Top Region. B.C. is the top province this week, securing $487.3M and accounting for 67% of[…]
The Canadian Internet Registration Authority (CIRA) is now accepting applications to its Community Investment Program, which assists charities, nonprofits and academics to undertake innovative projects that support the development and/or enhancement of the Internet for the benefit of all Canadians. Quick Facts. Key Dates. The fund opened on Jan. 15 and will close on Feb. 28. Applicants[…]
By Christopher Reynolds Money rolling in from the carbon market is paying for eco-friendly school upgrades. Education Minister Mitzie Hunter reiterated Friday that the province is pouring $200 million from cap-and-trade proceeds into new boilers, solar panels and other improvements for the province’s crumbling school stock. “Ontario is taking action in the fight against climate change,[…]
Toronto-based RateHub.ca has raised $12M in Series A funding from Elephant Partners. RateHub.ca offers a financial product comparison platform. The platform currently focuses on mortgage comparisons, but is expanding to credit card and other financial product comparisons.
Montreal-based Inocucor Technologies has raised $12.1M in Series B funding. The round was led by Pontifax AgTech with participation from Cycle Capital, Desjardins Innovatech and Cairn Investment Group. Inocucor Technologies develops sustainable biological products.