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Agnostiq secures $2.4 million CAD to accelerate development of quantum computing software

Agnostiq secures $2.4 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.
For Differential and Boost, it was their second investment in the Toronto startup, as they previously provided the majority of Agnostiq’s $1 million CAD ($830,000 USD) pre-seed round.
Agnostic currently serves financial services organizations in Canada and the United States.
In an interview, Elliot MacGowan, Agnostiq’s co-founder and COO, told BetaKit the company decided to raise the round after gaining some product traction and identifying a market opportunity. ....

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Fillogic Funding Used to Expand Mall-Based Micro-Distribution Centers

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Fillogic raised $2.5 million in seed round funding led by James McCann, chairman and CEO of Food Retail Ventures, with contributions from Jamestown LP, GroundBreak Ventures, Revelry Ventures Partners, XRC Labs, Green Egg Ventures, Sandy Sigal and more.
“We started Fillogic to transform the traditional retail ecosystem into an integrated logistics network that reaches the modern consumer wherever they are,” says Bill Thayer, co-founder and co-CEO of Fillogic. “Fillogic Hubs at mall properties provide retailers with disproportionately lower cost logistics services, while enabling retailers to maximize the utilization of their assets - stores, inventory and people - to unlock a competitive advantage.” ....

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Fillogic Secures $2.5 Million in Seed Round Funding to Expand Hub Operations

Fillogic Secures $2.5 Million in Seed Round Funding to Expand Hub Operations
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