News

Montreal-based Algolux, a provider of computer vision and image optimization solutions, has raised $18.4 million in Series B financing.

Mark43, a public safety software company, has raised $101 million in Series E funding.

Indian ecommerce company Flipkart has raised $3.6 billion in funding, putting the company at a valuation of $37.6 billion, reported TechCrunch.

Vernal Biosciences, Inc., a maker of high purity mRNA for research and clinical use, has raised an undisclosed amount of seed financing.

Vancouver-based biotechnology company Incisive Genetics has secured C$2.5 million in a seed-stage financing.

Fredericton-based earth observation technology startup 3D Planeta has raised C$1 million in seed-stage financing.

ProfoundBio, an oncology biotherapeutics company, has raised more than $55 million in Series A financing round.

Zeal Capital Partners has raised $62.1 million for its new fund, beating its initial $50 million target.

Side Door, a Halifax-based provider of alternative venue spaces for artists and their audiences, has secured $3 million in a seed financing.

The security software company r2c of San Francisco has raised $27m, following a $13m last fall.