
Toronto-based software provider Nulogy has raised $20 million in a recent funding round. The funding was led by Export Development Canada (EDC) and supplemented by an unnamed Canadian bank which provided incremental working capital. Nulogy and EDC also entered a strategic partnership in connection with this funding, whereby EDC will support Nulogy in a variety of ways, including trade knowledge and global networks.
Nulogy’s mission is to bring transparency and visibility into the supply chain by allowing suppliers, manufacturers, and distributors to collaborate on one platform. Nulogy’s platform allows these companies to work together and adapt to changing conditions, cut costs, and increase the efficiency of their supply chain operations.
With over 100 companies using its platform across more than 20 countries, Nulogy plans to use this funding to accelerate the growth of its platform.
Image by https://unsplash.com/@davidvives
Authors
Expertise
Insights
-
Technology
Xatoms Launches Water Purification Pilot Projects with $3 Million in Pre-Seed Funding
Xatoms recently announced the completion of C$3 million in pre-seed funding (C$2 million in equity and C$1 million in non-dilutive grants) to begin commercializing its technology for both industrial… -
Technology
From Lab to App: NiaHealth Raises C$5.75M to Redefine Canadian Health Monitoring
The Alberta-based startup NiaHealth has secured C$5.75 million in seed funding to support its mission of transforming long-term health management for Canadians. The company is attempting to position… -
Technology
Canada Growth Fund Commits $89M to Calgary Cleantech Firm Eavor, with Potential for Additional $48M
The Canada Growth Fund (“CGF”) has announced a C$89 million investment in Calgary-based Eavor Technologies (“Eavor”), a global leader in closed-loop geothermal energy. An additional C$48 million may… -
Technology
Alta raises $11M to bring AI Fashion Tech to Life
Alta Daily (“Alta”), founded by Jenny Wang, is an innovative startup that is transforming how artificial intelligence can assist users with personal styling. Shortly after launching the company, Wang… -
Technology
Web Summit Vancouver 2025: A Resounding Success
Web Summit is a growing international technology conference that has rapidly become “one of the world’s biggest and best”. As the predecessor to Toronto’s highly-successful Collision conference, Web… -
Technology
Microsoft $400 Million Investment in Swiss Data Centres
Microsoft recently announced a US$400 million investment in its Swiss data centres to develop cloud computing and AI infrastructure in the country. The money will be used to expand and upgrade four of…