pH7 Technologies has completed its Series B funding round, securing nearly $32 million in equity alongside $7.5 million in venture debt from RBCx, bringing total new financing to over $39 million.
pH7 Technologies has completed its Series B funding round, securing nearly $32 million in equity alongside $7.5 million in venture debt from RBCx, bringing total new financing to over $39 million.
Canada’s largest venture capital investor, Business Development Bank of Canada (BDC), has officially launched a new CAD $150 million fund focused on life sciences, marking a renewed push into the sector after several years of reduced activity.
Mappedin, an indoor mapping technology company, has raised $24.5 million in a Series B round led by Edison Partners, with participation from Betatron Venture Group.
Carbon Upcycling Technologies, a cleantech company, has secured $10 million in financing from ATEL Ventures to support the deployment of its carbon capture and utilisation technology.
Sensmet, an industrial technology company, has received a €1.5 million investment from EIT RawMaterials to support the scaling and deployment of its real-time metal monitoring solutions.
Lockheed Martin Canada has invested $3.6 million CAD in AI company Lemay.ai to support a new research and development initiative in the aerospace and defence sectors.
ThinkLabs, an energy technology company headquartered in New York, has raised $28 million in a Series A funding round to help utility providers modernize power grid infrastructure amid rising demand from AI data centers.
Spark Microsystems has secured an additional CAD $17 million in Series B follow-on funding to support the commercialization of its short-range wireless technology.
Chexy, a fintech platform, has raised CAD $14 million in a Series A round led by Khosla Ventures, with participation from existing investors including Crossbeam, Venrex, and Air Canada.
