Startup roundup: Mecka AI raises US$60M, Tiny buys Oso

Toronto robotics-data company Mecka AI announced a US$60-million Series B round led by Sequoia Capital, the largest of several Canadian funding rounds, acquisitions and launches reported this week.

This is the Canadian Startup & Funding Roundup, a weekly look at what Canadian companies raised, bought and launched. Each item links to the original reporting or the company itself.

Mecka AI said on Oct. 7 it raised US$60 million (about $86 million) in a Series B round, BetaKit reported. New investors include Nvidia, the corporate venture arms of Microsoft and Qualcomm, and Samsung, with existing backers Kindred Ventures, Framework Ventures and Neo also in the round. Individual participants include DoorDash co-founder and CEO Tony Xu and former Snowflake CEO Frank Slootman.

Mecka collects first-person video and sensor data from people working in homes, kitchens, labs and workshops, then sells it as training data for humanoid and other robots. BetaKit reported the company is based in Toronto and New York, is domiciled in the United States, and has most of its staff in Toronto. Mecka said it passed a US$100-million run rate in June and expects to reach US$300 million by the end of 2026. The company is online at mecka.ai.

In Victoria, publicly traded holding company Tiny announced on Oct. 8 it bought the assets of New York-based Oso Cloud for $1.9 million, BetaKit reported. Oso makes software that manages which people and AI agents can reach which systems. The company had about $5.3 million in annualized recurring revenue, and Tiny said the deal lifts its own to more than $75 million on a pro forma basis. Oso’s chief executive and several team members joined Temporal Technologies, while a small team stays on under Tiny.

Tiny chief executive Austin Singhera said in a release that controlling access to sensitive data and critical systems is fundamental to how large enterprises operate securely. Tiny’s shares trade on the Toronto Stock Exchange at about $6, BetaKit reported. More on the company is at tiny.com.

Toronto’s Polygrade, formerly known as ProPay, came out of stealth on Oct. 6 with US$6.3 million in previously unannounced seed funding, BetaKit reported. The money came in two parts: US$3.3 million in early 2025 from American Family Ventures, Nine Four Ventures, Hustle Fund, Room and Pillar, and US$3 million in July from Construct Capital. Both used simple agreements for future equity.

Polygrade sells software that uses AI agents to speed up home warranty claims in the United States, from collecting homeowner information to sourcing parts and paying contractors. Co-founder and chief executive David Steckel said there is not yet a global leader solving for a warranty-specific use case.

Also in Toronto, Reactiv acquired New York-based competitor Kin Commerce for an undisclosed all-cash price, BetaKit reported on Oct. 6. The deal, which closed in early September, covers Kin’s technology, intellectual property and customers. Both companies help online retailers build AI-powered mobile apps. Reactiv also disclosed a US$6-million seed extension that closed earlier this year; BetaKit said the investors were not named. Co-founder and chief operating officer Zack Elias said the purchase was “kind of opportunistic.”

Reactiv plans to keep Kin as a separate product until after Black Friday, then merge the two platforms. Its headcount rises to 31.

Smaller, but also new, is Endo, a Toronto startup that launched Oct. 7 with $815,000 in pre-seed funding led by Relay Ventures, BetaKit reported. The round closed in July. Endo builds software for sports agencies that combines roster management, contract tracking and deliverables, plus a tool that compares endorsement offers against media equivalency to estimate an athlete’s marketability. Co-founder and chief executive Michael Boushy said the company wants to become the benchmark for fair market value in name, image and likeness endorsements.

In defence manufacturing, Ottawa’s Dominion Dynamics signed a memorandum of understanding on Oct. 13 with Ukrainian firm Tencore to build the TerMIT uncrewed ground vehicle in Canada, BetaKit reported. Initial production is planned for 2027 and the companies are still finalizing a definitive agreement. No value was disclosed. BetaKit noted Dominion has raised $169 million since June 2025, including a $139-million Series A.

Amounts are as reported by the outlet and the companies, in the currency stated. Canadian dollar conversions are BetaKit’s. Details such as valuations were not confirmed by the companies and are left out.

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