Fundraising has been somewhat challenging for startups in Canada in recent years, but that hasn’t stopped everyone from raising capital. To prove our point, we’ve highlighted a handful of B.C.-based companies that have secured funding since May. From newer upstarts raising early rounds to established firms maintaining momentum, below is a sampling of financing events […]
GroundedAI
How GroundedAI Is Bringing AI Below the Surface
Canada is preparing to spend hundreds of billions of dollars on transit, energy, mining, and other major infrastructure projects. But some of the biggest threats to delivering that work on time and on budget lie beneath the surface. Unlike above-ground construction, where drones and satellite imagery have made detailed data easier to collect, tunnelling projects […]
GroundedAI Raises $2 Million to Modernize Underground Construction
Vancouver-based GroundedAI has raised $2 million to accelerate the expansion of its underground intelligence platform into the tunnelling sector. The financing round was led by Stand Up Ventures, with participation from SOSV, Accelia, BoxOne, The51, LOI VC, and other investors. GroundedAI is developing technology designed to help construction teams understand changing subsurface conditions before they […]