News & Insights

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DeepSurface Security Secures $4.5 Million to Ignite Business Expansion

DeepSurface, the award-winning, automated risk analysis and prioritization company, announced that it raised $4.5 million in a seed funding round. The funding round was led by Differential Ventures, an artificial intelligence and cyber security seed venture fund. Key investors include Osage Venture Partners, Ginossar Ventures and Peninsula Ventures.

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Synopsys Acquires AI-Powered, Real-Time Performance Optimization Leader Concertio

To enrich its silicon lifecycle management solution with real-time, in-field optimization technologies, Synopsys, Inc. (NASDAQ: SNPS) today announced that it has acquired Concertio Inc., the leading provider of AI-powered performance optimization software. The acquisition is another step in the continued enhancement of the Synopsys SiliconMAX™ Silicon Lifecycle Management (SLM) Platform.

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Private AI Secures $3.15M Seed Financing Led by M12 and Forum Ventures

Private AI, a Toronto based developer of privacy-preserving machine learning and natural language processing tools, has secured $3.15 million in seed funding led by Microsoft’s venture fund M12 and Forum Ventures with participation of pre-seed investor Differential Ventures, new investors Shasta Ventures, Hyperplane Venture Capital, and Parliament Angels, a group of early Twilio employees.

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Cyolo raises $21M for zero trust networking tech

Cyolo, a startup developing a platform that enables users to securely access their organization’s apps, servers, desktops, and files, today announced that it raised $21 million in series A funding led by Glilot Capital Partners, with a strategic investment from National Grid Partners and Merlin Cyber and support from existing backers Flint Capital, Global Founders Capital, and Differential Ventures. Cyolo says the funds will be used to accelerate growth and R&D efforts, as well as help new customers navigate the transition to zero trust networking.

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Agnostiq Secures $2.5 Million CAD to Accelerate Development of Quantum Computing Software

Toronto-based software startup Agnostiq has raised a $2.4 million CAD ($2 million USD) seed round to bolster its quantum computing platform. The round, which closed in December, was led by New York’s Differential Ventures, and saw participation from Scout Ventures, Tensility Venture Partners, Boost VC, and Green Egg Ventures.

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32 Women Innovators Spearheading Tech in Canada

Rebecca McDougal, VP Client Success at Synapse, has been passionate about customer service and support since the day she entered the workforce. Today, she uses that enthusiasm to help Synapse clients automate and streamline their instructional design process ensuring they have the support they need to implement and leverage their solution!

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Databand Raises $14.5M Led by Accel for its Data Pipeline Observability Tools

DevOps continues to get a lot of attention as a wave of companies develop more sophisticated tools to help developers manage increasingly complex architectures and workloads. In the latest development, Databand — an AI-based observability platform for data pipelines, specifically to detect when something is going wrong with a datasource when an engineer is using a disparate set of data management tools — has closed a round of $14.5 million.

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Knockri Raises $3m to Reduce Hiring Bias, Improve Diversity and Help Hire Exceptional Talent

Knockri, a leading developer of artificial intelligence video-based soft-skill assessment and talent mobility solutions, today announced it has closed an oversubscribed seed round of $3 Million led by Differential Ventures with participation from Grand Ventures, MaRS IAF, BDMI – Bertelsmann Digital Media Investments, Amplify Capital and others to transform talent acquisition and increase diverse hiring.

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Announcing First Batch of COVID-19 Grant Awards!

On March 29th, our team announced a $500,000 pool of funds to be awarded in $10,000 - $25,000 grants to startups that are using data science, machine learning, and artificial intelligence to find solutions for the myriad challenges created by COVID-19. Today we are thrilled to announce the second batch of awards to seven companies that have taken a leadership role in this fight.

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Techstars & Differential Ventures: Unite to Fight Covid-19

Just about a week ago we announced that over 50 countries are coming together to support inventors, innovators, developers and anyone with a passion to tackle COVID-19 in their country. Today, we are proud to announce that our commitment to those innovators will live beyond Startup Weekend. The top teams will go on to receive training and financial support.

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COVID-19 Grant Program

Some of the most impactful relationships are formed between entrepreneurs who can help one another avoid missteps and identify blindspots without the pressures associated with investor relationship or personal ties. For this reason, we have partnered with fellow VCs to launch the private network of startup founders called 'Off the Record’.

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Off The Record - Going Public

Some of the most impactful relationships are formed between entrepreneurs who can help one another avoid missteps and identify blindspots without the pressures associated with investor relationship or personal ties. For this reason, we have partnered with fellow VCs to launch the private network of startup founders called 'Off the Record’.

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