Apollo Insurance Solutions secures undisclosed Series B financing from Definity
Definity Financial Corporation went public in November.
Canadian Startup News
Bloom secures $1.4 million CAD, launches AI-powered platform to measure e-commerce product photo performance
Bloom’s big picture vision is to match its algorithm with generative AI.
Corl secures $20 million in USD stablecoin for its revenue-based financing model
Digital assets backed by real-world commercial agreements will offset volatility, companies claim.
Three senior-level positions available right now
Personify, Yorkville University, and Altus Group are hiring for senior-level roles right now.
American proptech startup Alfred opening Canadian HQ in Toronto
Alfred arrives with up to $75 million USD for staffing up, new acquisitions.
Phoenix Fire launches angel fund focused on women entrepreneurs
“We need to make sure that everybody has a seat at the table.”
StoreToDoor secures $1.25 million to take same-day delivery service to new markets
After spending years running his own restaurants, Scott Love wants to help other retailers deliver goods.
Market watch: Nuvei, VerticalScope, Magnet Forensics
Nuvei posts strong Q4, 2021 earnings as VerticalScope, Magnet see mixed results.
Online threat detection firm Echosec Systems closes $10 million credit facility from Espresso Capital
Echosec helps security teams detect web-based data for threat intelligence.
UofT spinout Halt AI launches tool to measure brands’ diversity across social media
Halt AI’s co-founders previously worked at AR beauty tech firm ModiFace.
Ontario commits $25 million as Canadarm3 manufacturer MDA creates $100 million space robotics centre
MDA combines space robotics with automation and artificial intelligence.
Portage Ventures closes $788.5 million CAD for third FinTech fund
Portage claims the early stage FinTech fund is one of the largest in the world.
Bioscience startup Mikra secures $8.5 million CAD to launch its nutraceutical gel
Mikra claims its product will help boost energy and mental focus on a cellular level.
Somm acquires last-minute restaurant reservation app Dinr to move beyond wine recommendation
Somm describes Dinr deal as “part of a bigger vision” for the wine-focused startup.
DealMaker acquires Ridge Growth Agency to bolster capital raising platform
Ridge brings DealMaker closer to becoming a “one-stop-shop” for raising capital.