Sprout News
We invest in innovative seed-stage tech companies
in Western Canada
Sprout invests in Rithmik Solutions, an AI company that optimizes the use of mobile mining equipment and reduces environmental impact
Montreal, Quebec — Rithmik Solutions, a leader in AI-powered analytics for mobile equipment optimization in the mining industry, is thrilled to announce the successful closure of a $2 million funding round. This investment was spearheaded by a syndicate of new and...
Sprout Fund invests in Dyne Technologies which uses machine learning to improve restaurant margins and customer loyalty
Edmonton, Alberta - March 22, 2023 Sprout Fund has completed its eighth investment from Sprout Fund II into high growth, Vancouver-based, restaurant tech startup, Dyne, as part of a $1.5m seed round. Dyne (www.dyneapp.ca) provides a restaurant-specific customer data...
Alberta Enterprise Corporation invests in Alberta-based Sprout’s second seed capital fund
AEC invests CAD $2.5 million into Sprout Fund II to provide seed-stage venture and mentor capital to Alberta and Western Canadian B2B software startups. EDMONTON, March 9, 2023 – Alberta Enterprise and Sprout jointly announced today that AEC has invested CAD $2.5...
Sprout Fund invests in Bright Breaks which uses artificial intelligence to boost Workplace Wellness, 7 minutes at a time
Edmonton, Alberta & Halifax, Nova Scotia - Feb 15, 2023 Sprout Fund has completed its seventh investment from Sprout Fund II into Nova Scotian employee wellness startup, Bright Breaks, along with Tidal Ventures, Innovacorp, Concrete Ventures, and a syndicate of...
Sprout Fund announces investment in fintech software startup
Edmonton, Alberta - Feb 1, 2023 Sprout Fund has completed its sixth investment from Sprout Fund II into Vancouver-based, Levr.ai, a fintech startup transforming the way businesses access and manage loans. The company successfully raised $1 million in pre-seed...
Sprout Fund announces investment in digital restaurant platform provider, Truffle
Edmonton, Alberta - July 12, 2022 Sprout Fund has completed its fifth investment in Edmonton-based digital restaurant platform company, Truffle. The company has successfully completed a significant round from a syndicate of investors including Sprout Fund, Accelerate...
Sprout Fund announces an investment in telehealth startup, Care2Talk
Edmonton, Alberta - June 28, 2022 Sprout Fund has completed its fourth investment in another Western Canadian startup - Victoria-based health-tech communications company, Care2Talk. The company has successfully completed a $1 million fundraise from a group of Canadian...
Sprout Fund announces three investments in Western Canadian startups within a month of launching Fund II
Edmonton, Alberta - June 7th, 2022 Western Canada-based Sprout Fund announces three new investments from its recently launched Sprout Fund II. With over $10 million under management, the team is excited with the quality of deal flow it is seeing in the market and will...
Sprout Fund announces the 1st close of Sprout Fund II to invest in promising Western Canadian B2B software startups
Edmonton, Alberta - May 3rd, 2022 Western Canada-based Sprout.vc announces the 1st close of its new Seed fund – Sprout Fund II. Sprout Fund now has over $10m under management and will continue to raise additional capital from family offices, strategic investors, and...