US-based business banking startup Mercury acquires accounting platform Teal for an undisclosed amount
Acquisition comes mere months after Vancouver startup announced an $11 million CAD seed round.
Canadian Startup News
AI is learning fast, are we?
Future Skills Centre is helping Canadians prepare for a rapidly changing labour market.
Terramera spinout Catalera secures $8.8 million CAD in first Series A tranche
Round marks first investment from crown corporation Farm Credit Canada’s Capital arm.
“Gordon Ramsay doesn’t want to flip burgers”: Rundle acquires photography startup Iris Booth as founder prepares to step back
Halifax startup mass produces headshots for large orgs with its self-service photo booths.
Ideon, Calabrio headline $53 million AI project investment from DIGITAL Innovation Cluster
DIGITAL said its investment joins an additional $106 million of industry partner backing.
Luge Capital navigates emerging manager minefield, closes second early-stage FinTech fund at $96 million CAD
FinTech VC adds finance leader from Georgian with plans to hire an investor in Calgary.
Academics, nonprofits caught in middle of data consent fight as AI companies push for access to copyrighted works
The open web is closing as copyright holders bar companies like OpenAI & Cohere from using their work.
Shopify to become Roblox’s first platform commerce partner
Move is expected to open up a massive audience of 80 million potential young customers to brands.
“The impact can be devastating”: ASC launches $130,000 tech challenge in bid to combat crypto scams
Alberta Securities Commission estimates $309 million of investment fraud reported last year was tied to crypto.
“It’s just straight math”: Assent CEO Andrew Waitman sets bar higher after hitting centaur status
Waitman pushing Ottawa compliance software company to reach $200 million ARR within four years.
Fed issues $5.2-million investment to boost southern Ontario cleantech
New fund to offer business support and seed funding.
Northside Ventures closes first early-stage VC fund at $15 million CAD
This emerging manager just met his target amid one of the worst fundraising environments in a decade.
Canadian healthtech company Deep Breathe bags top prize at US Army’s xTechInternational 2024
Portable ultrasound diagnostics startup takes home $95,000 after winning pitch competition in Spain.
Bitfarms and Riot continue public squabble leading up to October shareholder meeting
Riot encouraged shareholders to “seriously question” timing of recent Stronghold acquisition.
Canadian Ilya Sutskever’s Safe Superintelligence closes $1 billion USD in funding
Startup co-founded just three months ago is reportedly valued at $5 billion USD.