Category Archives: Latest News

Toronto Cyclica raises $2.4M for drug discovery using computer simulation

The company intends to use the funds to scale its sales and marketing efforts, and expand innovation through continued product development. Led by Naheed Kurji, President and CEO, Cyclica offers a novel predictive analytics platform that enables the development of hypothetical, pre-clinical, clinical, or FDA-approved drugs. The company’s solution offers insight and analysis into a … Continue reading Toronto Cyclica raises $2.4M for drug discovery using computer simulation

Montreal Hopper raises $82m – announces $1m in flights sold per day

Hopper, the mobile app that analyzes and predicts airfare, today announced it has secured $82M CAD in Series C financing led by Caisse de dépôt et placement du Québec (CDPQ), one of North America’s largest pension fund managers. Existing investors Brightspark Ventures, Accomplice, OMERS Ventures, Investissement Québec and BDC Capital IT Venture Fund also participated … Continue reading Montreal Hopper raises $82m – announces $1m in flights sold per day

Hamilton, Ontario Cinnos raised over $2.3m to provide data centre appliance

Cinnos MCI, a Hamilton, Ontario, Canada-based high-tech startup providing a data centre  appliance, raised over $2.3m in equity financing. The round was led by the Burlington-based Angel One Investor Network and included angel investors from the Hamilton, Burlington and the Greater Toronto Area, as well as Ontario Centres of Excellence (OCE) through its Market Readiness … Continue reading Hamilton, Ontario Cinnos raised over $2.3m to provide data centre appliance