Round13 nabs $200 million first close for third fund as co-founders Bruce Croxon, John Eckert step back
Round13’s $150 million growth fund is also in the final stages of closing.
Canadian Startup News
Ariglad raises $1.3 million to help HR teams communicate better, fulfill ticket systems
Ariglad’s AI directs employee questions swiftly to the right parties.
Online vehicle retailer E Inc. to delist from TSX citing limited trading volumes
E Inc. expects to delist from the TSX on May 24.
Startup TNT’s 2022 report maps over $3 million invested into startups, pan-Prairies expansion
The Alberta-based tech group is now live across all three Prairie provinces.
Product sampling startup Sampler acquires Abeo to deepen footprint in beauty industry
Abeo has worked with beauty brands like Sephora, Glossier, Chanel.
Down rounds in 2022 lower than expected amid reliance on bridge financing: Osler report
More firms rely on bridge financing to extend cash runway as they aim for later, higher valuations.
AutoLeap gears up for growth with $40 million CAD Series B
As a recession looms, AutoLeap and the car repair shops it serves stand to benefit.
BetaKit’s most-read March stories show #CDNtech sector struggles continue as government innovation promises continue to lag
SVB’s collapse kicked off a month that included new layoffs, bankruptcies, and AI disruptions.
Founders Assemble Summit launches to help entrepreneurs navigate current market conditions
The two-day event will feature industry professionals like Janet Bannister and Chris Neumann.
Magnet Forensics to delist from TSX as $1.8 billion merger deal closes
Magnet Forensics acquisition closes following opposition to the deal.
High performance computing platform Agnostiq closes $8.22 million CAD seed extension
The startup received $2 million USD in seed funding in 2021.
Meet the Canadian startups participating in Y Combinator’s Winter 2023 Demo Day
A total of 282 companies participated globally.
Unreserved dismisses portion of $25 million lawsuit against real estate associations as new regulations for open bidding expected
The lawsuit remains active against the Ottawa Real Estate Board.
Saskatoon-based Fidu places third at American Bar Association pitch competition
It was among five Canadian startups to be named as finalists for the pitch competition.
VCCI-backed Kensington Capital Partners secures $158 million first close for third venture fund
Kensington becomes first VCCI-supported fund of funds to announce it has closed financing.