Michael Yang departs OMERS Ventures as pension fund refocuses on Canada in “strategic shift”
Canadian team members Saar Pikar, Laura Lenz take on new roles as US investment team shrinks.
BC shuffles cabinet, moving Rick Glumac to AI and Ravi Kahlon back to jobs
Province loses JEDI, gains AI minister as premier swears in team “to meet the current moment.”
Longtime 1Password CEO Jeff Shiner moves to executive chair, hands reins to David Faugno
Shiner calls Faugno “the right leader for where we’re going next.”
Define Capital fuels up for more niche software acquisitions with $28-million debt facility from Scotiabank
Toronto private equity fund warms up to the idea of buying corporate spinoffs and venture-backed startups.
Quandri secures $16.5 million CAD to help North American insurance firms automate renewals with AI
BC sibling-founders gear up to hire 40 employees and open a Boston office.
Uberflip co-founder secures $1 million to help families pass down valuables with Trusty
Repeat tech entrepreneur Randy Frisch sees potential to build a “modern letter of wishes.”
GreenSky closes $23.5-million sixth fund with help from new managing partner Jeff Brunet
NBIF becomes LP as Toronto firm dips its toes into institutional investor pool.
Tailscale CEO Avery Pennarun says pressure to adopt AI has created a “Wild West” for corporate cybersecurity
Pennarun wants companies to stop putting their private API servers on the public internet.
Manzil wants to become “the North American Islamic neobank” as it expands to the US
Toronto FinTech startup sets its sights south of the border post-Aghaz acquisition.
R-Labs secures $3.5 million to help create more startups tackling “big problems” in real estate
Hatch adds engineering capabilities to the Toronto real estate industry venture builder.
Still watching? Rivr closes $3.6 million CAD from GreenSky to help creators and brands identify engaging video content
Rivr already counts Amazon Games, Bungie, and Epic Games among its clients.
Clutch races past $1 billion in total cars purchased amid record growth
After taking nine years to hit $1 billion, COO says Clutch is on pace to double it in one.
Kardium closes $340 million CAD to secure regulatory approval, expand manufacturing for atrial fibrillation heart device
BC medtech company gears up for targeted commercial launch later this year.
Bridgit’s Mallorie Brodie explains why Canadian startups need to think globally from the start
Brodie unpacks Bridgit’s pivot, mitigating risk in construction, and looking up to Axonify, Knix, and Jane.
Klue lays off 40 percent of staff as startup navigates shifting AI landscape
BC software firm restructures to become “AI-first” amid rising competition from DIY solutions.