Versaterm, the Ottawa-based public safety software provider, has acquired DroneSense, an Austin, Texas-based drone management platform, in a deal worth over $100 million USD (approx. $138.5M CAD) in cash and equity.
Versaterm, the Ottawa-based public safety software provider, has acquired DroneSense, an Austin, Texas-based drone management platform, in a deal worth over $100 million USD (approx. $138.5M CAD) in cash and equity.
Dartmouth, Nova Scotia-based Mara Renewables has secured $12.5 million CAD in new funding from S2G Investments to accelerate global commercialization of its algae-derived omega-3 oils.
British Columbia-based 4AG Robotics has raised $40 million CAD in a Series B round to scale manufacturing of its AI-powered mushroom-harvesting robots.
Hyper, a startup co-founded by Canadian entrepreneurs Damian McCabe and Ben Sanders, has officially exited stealth mode after securing $6.3 million USD (approx. $8.5 million CAD) in funding.
xTAO, the decentralized artificial intelligence (AI) network co-founded by WonderFi’s Karia Samaroo, has raised $31 million CAD ($22.8 million USD) in a pre-seed funding round.
Substack, the newsletter publishing platform co-founded by Canadian Chris Best along with Hamish McKenzie and Jairaj Sethi, has closed a $100 million USD (~$137 million CAD) Series C round.
Calgary-based mining technology startup GeologicAI has raised $60.5 million CAD ($44 million USD) in a Series B funding round, as the global rush for critical minerals heats up alongside the surge in artificial intelligence and data center infrastructure.
Vancouver startup Quandri has secured $16.5 million CAD ($12 million USD) in Series A+ funding to scale its AI-powered platform for automating insurance renewal workflows.
