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Canadian Startup News
Ayrton Energy raises $9.1 million CAD in bid to expand clean hydrogen solution in the US
Round was co-led by Clean Energy Ventures and BDC Capital.
With Nmbr, former Humi execs want to power embedded payroll products across Canada
Startup is backed with $7.6 million CAD from Panache, Luge, Golden, and Motivate.
Former CVCA chair alleges CEO Kim Furlong “appeared unwilling or unable to advocate” for membership in meeting with foreign LPs
CVCA insists it remains dedicated to championing Canada following Peter van der Velden’s public comments.
Months-long dispute between Bitfarms and Riot Platforms draws to a close as companies reach settlement
Board member Andrés Finkielsztain steps down as Riot withdraws bid to reshuffle Bitfarms board.
Pangaea Ventures closes $115-million CAD impact fund to back sustainability-focused hardtech solutions
Half of Pangaea’s fifth and largest fund has been allocated to date.
Will Canadian VCs rebound in time to fund early-stage startups?
Plus: Paper loses another co-founder and Teralys targets $570-million fund-of-funds.
Koho set to launch line of credit offering through partnership with Propel Holdings
FinTech startup to roll out bank-like offering as it attempts to become a licenced bank.
Tips for finding a job in a tough market
Soft skills and AI know-how are the new gold for Canadian tech companies.
Rebelstork secures $24.45 million CAD Series A to bolster tech and operations
All-equity round saw participation from Serena Williams’ and Jay Z’s venture funds.
BC’s cleantech, AgTech startups dominate 2024 New Ventures BC Competition
Timezyx, SkyAcres, and skiKrumb took a slice of the $250,000 up for grabs in this year’s competition.
Canadian startup formation data from Panache Ventures points to future demand for capital
Panache Ventures general partner Prashant Matta suggest founders and investors must get back to playing offence.
Paper co-founder Roberto Cipriani steps down from day-to-day role
Montréal EdTech startup’s tumultuous summer continues following layoffs, leadership shakeups.
Teralys Capital says it “should” hit $570-million fund-of-funds target by end of year
Montréal-based Teralys confirmed $475 million raised to date, making it the largest VCCI-backed fund.
Motion closes $30-million USD Series B in bid to become “command centre for creative strategists”
Inovia-backed startup’s software enables creative strategists to turn data into ad ideas.