Two Small Fish goes big with third fund, targets $40 million CAD final close
The firm’s investments include SkipTheDishes and Sheertex.
Avidbots closes $70 million USD Series C round to grow fleet of commercial cleaning robots
Avidbots will also open a new, 70,00 square foot headquarters in Kitchener-Waterloo.
Ten years after revolutionary Geoffrey Hinton paper, AI headed towards new era of regulation
Elevate Festival stage explores AI’s use in healthcare, climate change, and … Raptors games.
DealMaker takes over FundAmerica book of business from Prime Trust
DealMaker CEO says deal doubles its client base.
With backing from celebrity investors and mortgage lenders, Verifast wants to improve identity, financial verification
Verifast recently closed a $3.5 million seed round.
Communitech acquires Briefed.in to add data-backed insights to its repertoire
The Briefed.in deal is part of Communitech redefining its supports for startups.
Insurtech ProNavigator secures $10 million to power US expansion
ProNavigator calls itself the “Google Search for Insurance.”
Idealist Capital secures $250 million initial close for new climate impact fund
The fund is led by Québec business leaders with ties to Power Corp and Bombardier.
SkipTheDishes lays off 350 employees following global workforce review by parent company Just Eat
Just Eat cited the need to ensure sustainable growth.
Panache closes $100 million for second fund as firm doubles down on seed-stage startups
Early-stage firm says there’s a “good possibility” Fund II will grow.
Adam Nanjee departs Microsoft for Startups to lead venture capital in Canada for Amazon Web Services
Nanjee previously led the launch of Microsoft for Startups in Canada.
Thoughtwire, Finaeo make staff cuts as Canadian tech continues to face economic headwinds
Both companies are staying mum on the number of employees cut.
Vitalik Buterin fund gives financial booster shot to doctor’s startup assessing airborne COVID-19 risk
Raven Clean Air tracks carbon dioxide levels in order to assess COVID-19 risk.
Canadian tech companies continue to hire despite downturn – here’s an (incomplete) list
300 tech companies say they are still hiring in Canada.
Venture investment returning to pre-pandemic levels, shows Q2 2022 CVCA report
Institutional investors stay the course while family offices, high-net-worth individuals tread lightly.