Wisely acquires Hopeful to create AI-powered fundraising powerhouse
Two Canadian startups specializing in AI-based fundraising for nonprofits have joined forces: Wisely has acquired Hopeful Inc.…
Canadian Startup News
CapIntel signs partnership with IG Wealth Management
CapIntel, which provides a management platform for wealth management firms, has penned a partnership deal with IG Wealth Management,…
Steadiwear raises $1.1 million CAD to fuel launch of glove designed to combat hand tremors
Toronto-based healthtech startup Steadiwear has secured $1.1 million CAD ($900,000 USD) in seed financing to support the manufacturing…
Axis Auto Finance lands $15 million to roll out digital loan product
Axis Auto Finance Inc., a Mississauga-based lender that describes itself as a FinTech servicing the alternative auto finance…
Hoot Reading secures investment from new $100 million Spin Master venture fund
Winnipeg-based EdTech startup Hoot Reading has raised $3 million CAD in seed financing to fuel the expansion of its online…
Online vehicle auction marketplace E Automotive revs up IPO plans
E Automotive, an online vehicle auction marketplace, is planning to go public on the Toronto Stock Exchange. The company has…
Following refocus and rebrand, Lydia AI secures $10 million CAD to make health insurance more inclusive
Insurtech startup Lydia AI has raised $10 million CAD ($8 million USD) to launch the first series of insurance products using…
Hopper acquires PlacePass, scores Marriott Bonvoy as customer for B2B business
Montréal’s Hopper is known for its flight and travel booking app, but the company makes most of its revenue from its FinTech…
BBTV, Spotter enter partnership worth $154.7 million to fuel content creator growth and monetization
Broadband TV (BBTV), a media-tech company based in Vancouver, has entered a partnership with Los Angeles-based Spotter worth…
Lightspeed’s Dax Dasilva launches environmental nonprofit, pledges $40 million for conservation, restoration projects
Dax Dasilva, founder and CEO of Montréal-based retail tech company Lightspeed Commerce, has launched a nonprofit environmental…
With $21 million CoLab aims to double size, enable manufacturing collaboration and communications
With its new $21 million CAD ($17 million USD) Series A funding, Newfoundland’s CoLab Software is set to double its 54 person…
Bedrock AI receives $1 million to extract hidden information from financial documents
Bedrock AI is on solid footing after obtaining a $1 million seed round that closed in mid-September. Investors in the AI company…
Cisco Canada survey reveals how startups and SMBs are approaching post-pandemic recovery
Almost 19 months after the start of the pandemic, all eyes are on how Canadian startups and SMBs plan to spend their dollars…
Tokens.com purchases 50 percent of virtual real estate group Metaverse
Canadian cryptocurrency startup Tokens.com has closed its acquisition of a 50 percent stake in Metaverse Group for $1.68 million…
Former Shopify Plus GM Loren Padelford joins US startup Podium as COO
Loren Padelford, former general manager and vice president of revenue at Shopify Plus, has joined Podium as its chief operating…