General Fusion reportedly faces pressure to go public after .5-million raise

General Fusion reportedly faces pressure to go public after $51.5-million raise

Last month, Richmond, BC-based General Fusion quietly secured another $51.5 million CAD in funding, according to a Nov. 27 securities filing with Canadian regulators. Nearly $51.1 million of that was raised via simple agreements for future equity (SAFEs), with the remainder coming in the form of warrants to purchase common shares. Sixty-seven undisclosed investors from…

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Nfinite nabs .6 million to prove it can make paper that performs like plastic

Nfinite nabs $4.6 million to prove it can make paper that performs like plastic

In layman’s terms, Kitchener-Waterloo-based advanced materials startup Nfinite wants to make “paper that performs like plastic.” Technically speaking, it’s pioneering tech that seals flexible paper packaging using nanotechnology to extend its lifespan. The University of Waterloo spinout is ready to demonstrate that it can do this at scale and in a cost-effective manner with the…

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New stem cell treatment shows promise for reversing vision loss in macular degeneration patients

New stem cell treatment shows promise for reversing vision loss in macular degeneration patients

BY THE OPTIMIST DAILY EDITORIAL TEAM For millions living with age-related macular degeneration, seeing the world head-on becomes an exercise in frustration. Faces blur, road signs fade, and once-clear scenes dissolve into a grey smudge at the center of vision. Existing treatments can only slow the damage, but sadly not reverse it. That may soon…

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