Canada

League secures $100M USD Credit Facility from RBCx to accelerate AI-Driven Healthcare Platform

Toronto-based League, a leading healthcare technology platform, has obtained a $100 million USD ($144 million CAD) credit facility from RBCx, coinciding with a significant milestone of reaching 40 million users under contract—a 160% year-over-year growth.

Canada

League secures $100M USD Credit Facility from RBCx to accelerate AI-Driven Healthcare Platform

Canada

Aspect Biosystems from Vancouver secures $165M CAD in Series B to advance 3D-Printed Tissue Therapies

Aspect Biosystems, a Vancouver-based biotech company specializing in 3D-printed tissue implants, has secured $165 million CAD ($115 million USD) in a Series B funding round.

Canada

Thomson Reuters acquires SafeSend for $600M USD to expand Tax Automation Portfolio

Toronto-based Thomson Reuters, a leader in business information services, has acquired SafeSend, a Michigan-based tax automation software provider, for $600 million USD in cash.

Canada

Canada struggles 2024 to define its Role in the Global AI Race amid Funding and Strategy Challenges

2024 was a milestone year for Canadian AI, highlighted by British-Canadian computer scientist Geoffrey Hinton receiving the Nobel Prize in Physics for his groundbreaking work in artificial intelligence (AI). This achievement underscored Canada’s robust tradition of AI research and talent. However, despite its strong foundations, Canada struggled to position itself

Canada

Realize Capital Partners commits $32.5M in second Round of Social Finance Fund Investments

Toronto-based Realize Capital Partners, a fund-of-funds manager, has announced a second round of funding, committing $32.5 million CAD to seven impact-focused fund managers through its Realize Fund I.

Canada

Spexi Geospatial from Vancouver secures $16.2M CAD Series A to scale Blockchain-Powered Drone Network

Spexi Geospatial, a Vancouver-based company leveraging blockchain technology for drone imagery, has secured $16.2 million CAD in a Series A funding round.

Canada

Aramis Biotechnologies secures $80M CAD to relaunch Plant-Based Vaccine Development

Québec City-based Aramis Biotechnologies has raised $80 million CAD to develop plant-based vaccines for influenza and pandemic preparedness.

Canada

Canada launches $2 Billion Sovereign AI Compute Strategy to Boost National AI Capabilities

The Canadian federal government has unveiled the Canadian Sovereign AI Compute Strategy, outlining how it will allocate the $2 billion CAD committed in Budget 2024 to enhance AI computing power for researchers, startups, and scaleups.

Canada, United States

Tenstorrent closes $693M Series D and achieves $2.6B Valuation to tackle AI Hardware Market

Tenstorrent, a Canadian-founded and now US-based AI hardware company, has raised $693 million USD in a Series D funding round.

Canada

Nurau from Montreal secures $1.5M CAD to expand AI-Powered HR Coaching Platform to the US

Montréal-based AI startup Nurau has raised $1.5 million CAD in a seed funding round led by Investissement Québec, with participation from ACET Capital and angel investor Sylvain Authier. The funding will support Nurau’s expansion into the US market, improve sales development, and enhance its AI-powered HR coaching platform, eCoach.

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Canada

League secures $100M USD Credit Facility from RBCx to accelerate AI-Driven Healthcare Platform

League secures $100M USD Credit Facility from RBCx to accelerate AI-Driven Healthcare Platform

Aspect Biosystems from Vancouver secures $165M CAD in Series B to advance 3D-Printed Tissue Therapies

Thomson Reuters acquires SafeSend for $600M USD to expand Tax Automation Portfolio

Canada struggles 2024 to define its Role in the Global AI Race amid Funding and Strategy Challenges

Realize Capital Partners commits $32.5M in second Round of Social Finance Fund Investments

Spexi Geospatial from Vancouver secures $16.2M CAD Series A to scale Blockchain-Powered Drone Network

Aramis Biotechnologies secures $80M CAD to relaunch Plant-Based Vaccine Development

Canada launches $2 Billion Sovereign AI Compute Strategy to Boost National AI Capabilities

Tenstorrent closes $693M Series D and achieves $2.6B Valuation to tackle AI Hardware Market

Nurau from Montreal secures $1.5M CAD to expand AI-Powered HR Coaching Platform to the US

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Mirantus Health secures €5.5M to expand AI-Enabled Eye Screening across DACH

Numeric raises $51M to build a unified AI Finance Operations Platform

Flexion raises €43M to build the Intelligence Layer behind the Next Generation of Humanoids

Point One Navigation raises $35M to bring Centimeter-Level Positioning to Robots, Vehicles, and Drones

Vyntelligence snaps $30M to accelerate AI Video Intelligence Expansion

Cavela secures $6.6M to help Brands escape rising Manufacturing Costs