CMD Capital halts fundraising amid “tough” VC market
Experienced early-stage VCs say the “timing and context are wrong for us to raise a first-time fund.”
Former Toronto Raptor Pascal Siakam teams up with DMZ to launch EdTech accelerator
NBA Champion and Toronto tech hub aim to give early-stage EdTech startups a boost.
FinTech startup Reach sells majority stake to US-based Primus Capital
Calgary company looks to expand global reach and help clients navigate tariffs with new PE owner.
Glassbox announces $1.65 million in funding to “reimagine the spreadsheet” for corporate finance
Ex-investment banker aims to help former peers build financial models faster with AI.
Major media companies sue Cohere for alleged copyright infringement
Toronto Star, Condé Nast, Vox part of group alleging Cohere unfairly copied, used their content.
Shopify’s strong Q4 earnings complicated by Kanye West Nazi T-shirt controversy
The e-commerce firm has removed West’s store for violating its recently modified terms.
Alexi secures $4.5 million in venture debt from TD to develop AI tools for litigators
Debt financing comes eight months after legaltech startup’s $15-million Series A.
GTMfund closes $54-million USD Fund II to back more early-stage Canadian B2B SaaS startups
Vancouver VC firm plans to grow its Canadian team, invest more in Canada via Fund II.
Lightspeed to stay public company after strategic review
Lightspeed stock drops sharply despite share buyback promise following fiscal Q3 2025 earnings.
RetinaLogik ready to execute on vision with $1.1-million financing, Health Canada Class II approval
Portable eye care device startup sets sights on North American expansion.
Canadian tech leaders launch Build Canada for AI-refined policy ideas from entrepreneurs
Supporters include leaders from Shopify, Wealthsimple, and Cohere.
Waabi inks partnership with investor Volvo to develop and deploy self-driving trucks
CEO says deal gives Waabi next puzzle piece it needs for autonomous trucking at scale.
VueReal secures $58.4-million CAD Series C to boost its semiconductor production
Existing backers double down on Kitchener-Waterloo microprinting tech startup.
OneVest closes $29-million CAD Series B led by Salesforce Ventures to fuel US expansion
FinTech startup aims to hire 100 employees over the next year.
Plutera Capital buys Hardbacon’s assets out of bankruptcy following 2024 shutdown
Newly launched affiliate marketing firm aims to restructure and transform the former FinTech startup.