LayerZero Labs reaches $1 billion valuation in round backed by Sequoia Capital, Andreessen Horowitz
Tom Brady, Justin Timberlake, crypto leaders like Dapper Labs invested in the $135 million round.
Canadian startups in Y Combinator tie all-time high at Winter 2022 Demo Day
For the second time, 16 Canadian startups participated in a YC cohort.
Telus Health continues Canadian healthtech acquisition spree with Sprout
Telus Health previously planted money into Sprout in 2015.
MaxSold raises $16.1 million to expand online auctioning platform
An uptick in decluttering during the pandemic proved beneficial for MaxSold.
CarbiCrete secures $15 million CAD to scale carbon removal tech
CarbiCrete cements plans to expand clean concrete tech beyond Canada.
Hardbacon acquires Simple Rate to consolidate financial product comparison tools
Hardbacon is focused on acquisitions that help users bring home the bacon.
Age of Union Alliance donates $14.5 million to BC Parks Foundation
Age of Union is Dax Dasilva’s latest focus after stepping down as Lightspeed CEO.
Live shopping marketplace ShopThing secures $10 million Series A round
ShopThing lets you shop for things via someone else’s live stream.
Google reveals second cohort of Canadian cloud accelerator
Tiggy, Booxi, and SmartONE are some of the 11 startups joining this year.
Ottawa-based Fullscript acquires Emerson Ecologics to bring integrative medicine into the mainstream
The acquisition nearly doubles Fullscript’s annual revenue and users.
Creative Destruction Lab’s space stream goes global, expands to Atlanta, Paris
“This means twice the potential, and twice the possibilities for participating ventures.”
Walmart launches global tech hub in Toronto, plans to hire hundreds
The initial hiring phase for Toronto includes 45 full-time roles.
Mila partners with Twitter’s data and machine learning team
Twitter wants Mila to ML your tweets.
New Ventures BC opens applications for 22nd annual competition
This year’s competition includes a new $10,000 sustainability prize.
Oil and gas tech startup Validere closes $55 million CAD with BlackRock backing
“In order to manage the energy transition well, environmental attributes cannot be managed in a silo.”