Ottawa-based Hyperlume, a deep-tech startup developing next-gen data center interconnects, has raised $17.8 million CAD ($12.5M USD) in seed funding to commercialize its microLED-powered AI infrastructure technology.
Ottawa-based Hyperlume, a deep-tech startup developing next-gen data center interconnects, has raised $17.8 million CAD ($12.5M USD) in seed funding to commercialize its microLED-powered AI infrastructure technology.
BDC Capital, the venture arm of the Business Development Bank of Canada (BDC), has announced nearly $1 billion in new fund commitments aimed at late-stage Canadian tech companies.
Toronto-based Clutch, an online used car marketplace, has secured $50 million CAD in Series D funding, bringing its valuation back near its 2021 peak of $575 million CAD.
Montréal-based FLiiP, a SaaS platform designed to streamline operations for fitness businesses, has secured $4.4 million CAD in seed funding to accelerate growth across North America and Europe.
Vancouver-based Mangrove Lithium has raised $50.4 million CAD ($35 million USD) in strategic funding to begin construction on its new lithium refining plant in Delta, British Columbia.
Montréal-based Optable, a SaaS company specializing in data clean rooms for advertising, has raised $28.8 million CAD ($20 million USD) in a Series A extension round.
Toronto-based cleantech startup Basetwo has raised $16.5 million CAD ($11.5 million USD) in a Series A funding round to further develop its AI-driven platform designed to enhance manufacturing efficiency.
Kraaft, a Paris-based startup revolutionizing communication in the construction industry, has secured €13 million in Series A funding to further develop its platform and expand into new markets, including the UK and Germany.
British Columbia-based cleantech startup Moment Energy has secured $21.5 million CAD ($15 million USD) in a Series A funding round, as it accelerates plans to establish a gigafactory in Texas dedicated to producing battery energy storage systems from repurposed EV batteries.
