Used vehicle marketplace Clutch secures $150 million in debt from Neuberger Berman to expand its fleet
Clutch claims thousands of pre-owned vehicles are for sale on its marketplace.
Canadian Startup News
Certn raises $65.1 million CAD to scale background check tech beyond Canada
With fresh funds, Certn plans to hire 160 new roles this year.
Dapper Labs launches $725 million ecosystem fund for Flow blockchain innovation
The fund is a joint commitment with participation from a16z, Coatue, Coinfund, others.
Georgian backs Vention again in $123.7 million CAD in Series C round
This is the second Georgian-led round for the industrial tech startup.
Plusgrade to acquire TSX and Nasdaq-listed loyalty commerce startup Points
Points hopes to surf the wave of the post-pandemic travel boom.
OneEleven’s former ED Siri Agrell explains why she’s embracing tech (but not Twitter) in her run for public office
Some politicians avoid social media because they don’t know how to use it. Agrell doesn’t think they should use…
Maverix leads $83.5 million USD investment in Shopify-focused ecommerce aggregator Agora
The investor that bet on Shopify is now betting on Shopify stores.
Celtic House venture partner Jonathan Graff joins LifeRaft Inc. as CEO
Graff built digital media company, Kaboose, to over 500 employees.
Wattpad co-founder Allen Lau to step down as CEO, become executive advisor
Lau called the move both a “final curtain call” and the start of “a new story.”
Applications close May 31 for Amii’s AI program for women and gender-diverse people
Women make up only 32 percent of the AI workforce; Amii wants to change that.
Tengiva closes $5 million to tackle supply chain issues in the textile industry
Investor says Tengiva is “at the right place at the right time.”
Thinkific sees revenue rise, net loss jump in Q1 2022, following recent layoffs
Thinkific attributes higher net loss to growth investments, restructuring costs.
Tilr secures $1.3 million grant from Ontario through Skills Development Fund
Tlir is one of over 200 companies financed in the second SDF round.
Platform Calgary opens applications for Calgary Fintech Awards
Participating startups get a chance to win up to $250,000.
Supportbench secures $1.9 million CAD to become Zendesk for B2B companies
First step? Convince investors that B2B customer support could be better.