Xero to acquire Calgary’s TaxCycle in $75 million CAD deal to expand Canadian presence
Xero called the deal “an important step forward” in its commitment to Canada.
CDPQ invests $100 million CAD in AppDirect channel partner program
Through AppDirect Capital, the startup aims to help tech advisors using its platform grow.
H|T: The Healthtech Times – Inside LifeSpeak’s largest acquisition to date
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R|T: The Retail Times – Tiggy to light up more dark stores
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Hubly raises $1.7 million CAD to help financial services firms improve their productivity
Hubly aims to capitalize on the wealth management sector’s pandemic-fuelled digital transformation.
A|I: The AI Times – Valence’s new discoveries
Plus: Ocean robotics firm Nauticus to go public via $560M SPAC deal.
S|W: The SaaS Weekly – TealBook takes the reins
Plus: Reddit files confidentially to go public.
Canadian startup news of the week (12/19/21)
Plus: Ryan Holmes, Manny Padda launch venture fund to invest in young founders.
F|T: The FinTech Times – Ledn bets on Bitcoin-backed mortgages
Plus: Institutional Bitcoin broker NYDIG valued at $7B in whopping $1B funding round.
Armed with $1.2 million, Eva plans to bring ride-sharing, delivery software to new markets
Eva claims to offer “the first ride-share and delivery platform built on blockchain.”
H|T: The Healthtech Times – Elizabeth Holmes was always in control
Plus: How to (successfully) pivot your startup.
Ukko Agro closes $5.1 million seed round to help farmers make crop management decisions at scale
Ukko Agro helps ag companies make informed crop management decisions.
R|T: The Retail Times – A GoodGood plan for local commerce
Plus: Inside Tim Cook’s secret $275 billion deal with Chinese authorities
Alongside acquires CareerBeacon from Brunswick News
Brunswick News is owned by the notoriously secretive Irving family.
WFHomie raises $1.9 million CAD to help companies better engage, retain employees
Meet the first investment from Ryan Holmes and Manny Padda’s new fund, LOI Venture.