OMERS Growth Equity backs US data analytics startup Imply in $100 million USD Series D
OMERS says Canadian-led Imply faces “a multi-billion dollar opportunity.”
Canadian Startup News
Canadian tech venture deal count continued to decline in Q1 2022, but total investment stayed high: CVCA
Q1 2022 was also just shy of the most private equity deals on record.
WonderFi, Bitfarms, Tokens.com, CoinSmart post earnings during a volatile period for crypto
Bitcoin sell-off, other factors impact companies’ bottom lines.
mPowered partners with Ocean Set to build blockchain-powered ocean data marketplace
The marketplace is meant to allow orgs to profit from sharing data securely.
Value of Power Corp’s FinTech portfolio drops as Wealthsimple faces second May markdown
Power calls decrease in fair value of Wealthsimple stake “consistent” with broader stock market decline.
Spare, Lyft partner to offer flexible transportation for transit agencies
Spare tested the service in Texas ahead of a broader roll out.
Well Health Technologies posts record Q1 revenue, announces $30 million bought deal offering to fuel acquisitions
Despite record revenues the last two quarters, Well’s share price has fallen nearly 43 percent over six months.
Payment network giant Affirm extends its partnership with Shopify
Multi-year agreement extension cements Affirm as exclusive Shopify provider.
Habitat Learn acquires Temmer to offer computerized note taking for students
Temmer provides speech and print interpretation services to business, educational institutions, and individuals.
Fobi AI inks deal to acquire Basket and bolster coupon aggregator offering
Fobi goes shopping for its second couponing solution.
Meet the biotech startup that received funding from both Garage Capital and Maple Leaf Foods
Evolved Meats claims to have “the meat people want.”
CarbiCrete tops up Series A funding to $23.5 million
Originally developed at McGill University, CarbiCrete’s tech produces cement-free, carbon-free concrete.
Dialogue, LifeSpeak struggle to please shareholders with first quarter 2022 results
Both healthtech companies noted user-driven revenue growth while share prices continue to tumble.
FinTech earnings week: revenues up for Nuvei, Propel, Mogo, Payfare
Net income is another matter.
Bolt Logistics rebrands to GoBolt, expands supply chain network to US
GoBolt hopes third name’s the charm as it eyes new global markets.