In banking licence pursuit, Koho is chasing a “seat at the table” and real competition
Former Tangerine CEO Peter Aceto tapped to lead Koho Bank.
After years of providing free accounting and invoicing software, Wave rolls out paid model
CSO says new tiered, subscription-based pricing gives Wave a “sustainable way to grow.”
CBIV surpasses $135 million CAD in final close to back women, children-focused healthtech startups
With Fund I, Toronto’s CBIV targets both market returns and impact.
Climate tech VC ArcTern Ventures closes $450-million CAD Fund III from large institutions
ArcTern’s LPs include TD, CPPIB, Allianz, OPTrust, Church Pension Group, and Credit Suisse.
Visa Canada, Plug and Play team up to support Canadian FinTech startups
With new partnership, US payments giant and investor build on existing relationship.
7shifts cuts 19 percent of staff in new layoffs to start 2024
This marks the restaurant software firm’s second workforce reduction in four months.
Climate tech VC Blue Vision Capital adds Vladimir Savic to support global ambitions
London, UK-based Savic previously held roles with Cibus and EBRD.
GrowerIQ acquires cannabis tech competitor Ample Organics from US-based Akerna
Deal returns Ample to Canadian ownership over three years after it was bought by Akerna.
US-based JMI Equity buys out Safe Software co-founder in strategic investment
30-year-old BC firm hopes to hit $250 million in annual revenue in five years.
Clinia secures Series A funding, partnership with Telus Health to deploy its search tech
CEO says endorsement from Canada’s largest healthtech player gives Clinia “visa” it needs to catch big US fish.
Top Hat CEO Joe Rohrlich and CRO Matt Schurk depart EdTech company
Departures come five months after the firm reduced its workforce by 42 employees.
CDPQ invests $136 million CAD into AppDirect financing program for tech advisors
Investment builds on initial $100 million AppDirect received from the pension fund in 2021.
Alida appoints Efrem Ainsley CEO as software firm targets “long-term sustainability”
Ross Wainwright departs after four years with the company formerly called Vision Critical.
Untether AI names Intel veteran Chris Walker as its new CEO
AI chip startup also adds ex-Google, Nvidia exec Amir Salek to board.
Social Finance Fund-backed Realize Capital Partners reveals first nine investments
Recipients include Idealist, Maple Bridge, PaceZero, Raven, Relentless, and The51.