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Graphite Ventures

Kento Health Secures $3M in Pre-Seed Funding for Cardiac Care Revolution

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Montreal’s Kento Health, a trailblazing cardiac rehabilitation and health technology startup, announced a successful oversubscribed pre-seed financing round, raising USD $3 million.

Notable institutional investors from the US and Canada, led by Boreal Ventures and N49P, fueled Kento Health’s position in digital health. Prominent angel investors and a leading US medical institution also joined the round.

Kento Health aims to revolutionize cardiovascular care and rehabilitation with clinically-backed programs and advanced technology. The company’s mission is to make heart health accessible to all, not just a privilege, and this funding takes them closer to transforming heart disease into a manageable condition.

Want to know more? Check out the source code on PRWeb.

Calgary’s Ontopical Raises $3.3 Million to Revolutionize Government Contracts

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Calgary-based Ontopical has secured a $3.3 million seed extension round, with Rhino Ventures and Graphite Ventures co-leading the investment, and support from Accelerate Fund III. This funding brings Ontopical’s total funding to over $6 million.

The company’s AI-driven platform allows businesses to detect early signals from public sector data, aiding them in winning government contracts efficiently. It also promotes transparency in government contract awards.

Ontopical plans to use the funds to expand its AI-driven intelligence platform and triple its team, with most roles based in Calgary.

Want to know more? Check out the source code on Calgary.tech.

From Ontario Roots to National Scope: Graphite Ventures Raises $110 Million

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Toronto-based Graphite Ventures successfully concludes its Fund IV at $110 million.

The firm, expanding beyond Ontario, received a crucial $10-million contribution from Alberta Enterprise Corporation (AEC) in July, according to General Partner Aaron Bast. OMERS, MaRS, CIBC Innovation Banking, private equity funds, and undisclosed high-net worth individuals are backers.

Initially focusing on Ontario, Graphite’s mandate now spans Canada-wide. Graphite’s portfolio includes Calgary’s WaitWell and Montréal’s Maxa. The firm’s key sectors are B2B SaaS, FinTech, digital health, and AI-driven hardware.

Bast anticipates more investments across Canada by 2025. Early-stage companies receive $250,000 to $1 million, with follow-on cheques up to $3 million.

Want to know more? Check out the source code on BetaKit.