Wealthsimple announces $425-million Series F at $13.8-billion valuation
Existing backers to pour another $300 million into Wealthsimple and buy $125 million in shares from staff.
Loon clears key regulatory hurdle to offer Canadian dollar-backed stablecoin
OSC gives FinTech company and fellow Calgary firm Paytrie exemptive relief to issue and distribute CADC.
Vistara Growth goes evergreen with launch of sixth private credit fund
Vancouver investment firm targeting $500-million USD fund as it looks to hop off the perpetual fundraising wheel.
Clio acquires Page to support push into proactive legal intelligence
The fast-growing BC legaltech firm has also released a “reimagined” AI platform.
Symx.ai spent years unlocking mining data. Now it’s building “an operating system” for heavy industry
Sudbury startup’s $6-million USD Series A and Yokohama partnership mark new stage in its industrial AI push.
Feds reveal breakdown of $750-million VC funding envelope, open Growth VCCI applications
Two programs total $1.75-billion boost to Canadian venture capital ecosystem.
1Password tops $500-million USD ARR on the back of accelerating AI demand
Developers using 1Password to deploy agents have helped the Toronto tech firm expedite its growth.
VentureLab CEO Hugh Chow leaves hard tech incubator after three years
Long-serving VentureLab executive Sep Assadian has stepped in as interim replacement.
Live event marketing tech startup Hive brings on Frontier Growth with Series B
Kitchener-Waterloo software firm says majority secondary $27-million USD round “isn’t a venture investment.”
Repeat tech entrepreneur Ryan St. Germaine joins Raven as partner
St. Germaine comes aboard as Vancouver-based Raven gears up to raise another fund.
Shopify CTO Mikhail Parakhin to depart after two years
Parakhin, who helped Shopify “level up” in engineering and ML, is transitioning to advisor.
Inovia secures $200-million USD first close for sixth early-stage VC fund
Fund VI will be Inovia’s “first completely AI-native fund” and focus on frontier tech.
Tenstorrent secures $1.5 billion USD at $6.2-billion valuation to challenge GPU dominance
Canadian-founded chipmaker is betting that the future of AI inference is open-source.
Mecka AI recruits growth hackers behind “IRL sidequest” app Thirdspace
Thirdspace’s founders have been tasked with scaling Mecka’s home data capture app.
10KC co-founder talks engineering an exit and spotting fake term sheets
David Wilkin unpacks the startup’s learnings from failed sale to successful outcome at TechExit.