Graphite Ventures appoints Omi Velasco as principal to lead Western Canada deals
Graphite now has local investment team members in Calgary, Waterloo, Ottawa, and Toronto.
Lightspeed promotes CRO JD St-Martin to president as leadership overhaul continues
JD St-Martin joined Lightspeed in 2019 through its acquisition of Chronogolf.
Nolk raises $30 million, acquires home goods brands Ergonofis, Opposite Wall
Nolk intends to use the capital for more acquisitions.
Manitoba government appoints board members of $50 million provincial fund of funds
The fund’s target size is $150 million.
Volta drops interim label, officially appoints Matt Cooper as CEO
Cooper replaced outgoing leader Martha Casey in May.
NorthOne raises $92.1 million CAD to build new working capital, credit products
Toronto-founded NorthOne moved its HQ to New York to serve its American client base.
Auvik acquires international SaaS firms Saaslio, Boardgent
The acquisitions follow Auvik securing $312 million from majority shareholder Great Hill Partners.
Shinydocs, Encircle, Proto receive cumulative $7.5 million from FedDev Ontario
The investment into the three Kitchener-Waterloo startups is expected to create 75 jobs.
CareerBeacon acquires employer branding platform provider Ruutly
Ruutly founder and CEO will become CareerBeacon’s head of product.
Miovision acquires Pittsburgh firm Rapid Flow to bolster its traffic management systems
Rapid Flow’s Pittsburgh head office will become Miovision’s fifth global location.
RBC continues healthcare strategy with MDBilling acquisition
MDBilling builds on RBC’s purchase of Dr.Bill in 2020.
Crypto lending startup Ledn to acquire Arxnovum to expand into asset investments
The transaction is expected to close in the fourth quarter of this year.
L-SPARK selects six startups for latest B2B SaaS accelerator cohort
Cohort participants’ tech range from identity verification to same-day delivery management.
Innovate BC awards $2.3 million to eight R&D projects
Terramera, HTEC among recipients of this year’s funding.
Smart business card startup Ovou wins $110,000 at 22nd New Ventures BC competition
New Ventures BC gave out a cumulative $250,000 in prize money across eight winners.