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Fluid Biotech Inc. Raises $4.7M USD in Oversubscribed Seed Funding Round

/PRNewswire/ - Fluid Biotech Inc., a medical device start-up company in Calgary, Alberta, Canada, today announced the completion of its Seed fundraising round. ....

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Outgoing Calgary Economic Development head Mary Moran receives praise

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Outgoing Calgary Economic Development CEO Mary Moran was praised Thursday for her efforts to grow and diversify the local economy during one of the most difficult periods in the city’s history.
Moran’s abrupt retirement from CED was announced by the organization late Wednesday. Neither Moran nor anyone else from the organization or its board would do an interview or provide comment, either that afternoon or Thursday.
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Outgoing Calgary Economic Development head Mary Moran receives praise Back to video
However, city politicians and leaders of Calgary’s burgeoning tech sector were quick to thank Moran for her six years at the helm of the non-profit economic development agency. ....

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PayShepherd secures $700,000 to bring its contractor billing solution to more large industrial clients across Canada, US

PayShepherd secures $700,000 to expand its contractor billing solution across Canada, US
Calgary-based FinTech startup PayShepherd has raised a $700,000 CAD pre-seed round to meet growing demand for its contractor billing software.
The round, which represents PayShepherd’s first external funding, was led by James Lochrie of Thin Air Labs and Accelerate Fund III (which is managed by Yaletown Partners with the support of the A100). It also saw participation from Tribune Capital, Strategic Equities Group, Stagecoach Partners VC, Neil and Pam Danroth, as well as Gordon Cameron, partner at McCarthy Tetrault.
“We’ve all been in our users’ shoes at some point in our careers, so the technology we’ve built is for them.” ....

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Varcoe: Symend growth shows tech sector gaining traction in Calgary

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Having just raised $55 million at the growing tech firm Symend, company CEO Hanif Joshaghani is setting his sights on both domestic and international expansion.
The Calgary-based software firm opened an office in Australia last fall and is making plans for the business in Latin America and other major markets.
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Varcoe: Symend growth shows tech sector gaining traction in Calgary Back to video
But Joshaghani expects to drive global growth and much of its new hiring from the company’s headquarters in Calgary.
“I make the joke internally that I can see this company getting bigger than our biggest oil companies. I see a future where we are a top-five biggest tech companies in Canada …that’s what we are driving towards, to build a category leader,” he said in an interview. ....

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Today in funding: Qohash, Sensei Labs, Wize, dealcloser, Zennea Technologies, Arbor

Today in funding: Qohash, Sensei Labs, Wize, dealcloser, Zennea Technologies, Arbor
Six Canadian startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on who raised money, how much, from whom, and what these startups will be putting the new funds toward.
QC data security startup Qohash raises $8 million CAD Series A
Quebec City-based SaaS Qohash has secured $8 million CAD in Series A financing led by FINTOP Capital. John Philpott, general partner at FINTOP, and Laurent Simoneau, president and CTO of Coveo have also joined the startup’s board of directors.
Founded in 2018, Qohash aims to help organizations protect their data. The startup’s automated cloud-based platform supports data security, compliance and optimization use cases. The company plans to use the fresh funding to expand across North America and accelerate its commercialization efforts. Recently, the startup participated in Silicon Valley’ ....

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