2022 angel investment in Canada mirrored VC dip, dropping 37 percent year-over-year
While deal count rose, angels disproportionately favoured existing portfolio firms.
Micharity targets US expansion for its charitable fundraising platform with $7 million Series A
Following years of steady growth with minimal outside capital, Micharity is ready to ramp up.
Toronto-Waterloo, Vancouver, and Montréal hold the fort as Calgary and Ottawa rise in Startup Genome’s latest global ecosystem rankings
Larger ecosystems keep the status quo, as smaller ones post slight improvement.
Automotive software maker LeddarTech inks SPAC deal to go public on Nasdaq
CEO hails agreement as “important milestone,” plans to step down.
Rollout of Canada’s Real-Time Rail payment system delayed again as project undergoes second review this year
Payments Canada cites “current delivery delays, unrelated to the exchange technology components.”
Cohere announces $270-million USD Series C from Inovia, Nvidia, Oracle, Salesforce
Led by ex-Google researchers, OpenAI rival Cohere aims to help firms adopt generative AI.
Shopify plans to “aggressively pursue” ID of funders in cases against “patent trolls”
Company filed motion in Texas court demanding Lower48 IP LLC reveal third-party interests.
BC regulator suspends ex-Blok Technologies CEO, CFO from investment market for misrepresenting 2018 share sale
The suspensions come in response to how a past Blok private placement was publicly communicated.
Oamo emerges from stealth with White Star Capital backing to build decentralized data brokerage
Oamo’s team features Kraken, Polygon, Figment, Eventbrite, and Morgan Stanley alumni.
Interac appoints Jeremy Wilmot as new president and CEO
Interac is set to serve as exchange provider for Canada’s RTR system.
With Collision nearing a one-year Toronto extension, efforts are mounting for a West Coast alternative
Vancouver group advocates for Collision, as SAAS NORTH organizers look to offer a locally run alternative.
Platformatic secures $3.5 million, launches tech to simplify back-end development for enterprises
Platformatic is backed by Decibel, Panache, and developer and open-source angels.
SAAS NORTH producer reveals new Vancouver-based INNOVATEwest tech conference
INNOVATEwest will take place April 16 to 17, 2024 at the Vancouver Convention Centre.
Ex-Panache, ScaleUp partners team up to launch new early-stage VC fund CMD Capital
As funding has dried up, David Dufresne and Matt Roberts say they plan to lead and price early-stage rounds.
BenchSci closes $95-million CAD Series D to expand AI drug-discovery platform
BenchSci aims to help pharma companies speed up R&D using AI.