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.
Canadian Startup News
DealMaker acquires Ridge Growth Agency to bolster capital raising platform
Ridge brings DealMaker closer to becoming a “one-stop-shop” for raising capital.
Clio and Trulioo say not now to IPOs as CEOs discuss unicorn M&A strategies
Clio CEO says IPO window is closed, and “probably gone” for 2022.
Clinia closes $5 million to scale B2B health search infrastructure
Montréal startup aims to be “first point of entry for health searches.”
A year after launch, Backbone Angels is closing gaps felt by underrepresented founders
Backbone’s portfolio is 72 percent first-time founders and 56 percent women of colour.
Saskatchewan opens new immigration stream to bolster tech talent pool
Saskatchewan is the latest province to introduce a tech-focused immigration stream.
Federal government announces first four organizations administering Women Entrepreneurship Loan Fund
SheEO among group set to provide micro-loans to women entrepreneurs.
Led by Serena Williams’ venture fund, Calico closes $2.6 million CAD to help D2C fashion brands manage their supply chain
Calico’s founder is building the tool she wishes she had for her own D2C brands.
Key raises $11 million to pilot home co-ownership platform in new Canadian, US markets
Key claims a waitlist of nearly 5,000 people for its service.
iRestify closes $6 million to bring building maintenance solution to the US
This is iRestify’s third seed round in four years, following a series of pivots.
Quantum Algorithms Institute, Xanadu team up to increase talent pipeline in quantum computing
Xanadu also announced a partnership with semiconductor manufacturer GlobalFoundries.
Mayday marks calendar year with $3.8 million CAD to help remote workers improve their time management
Amid a saturated market, Jeremy Bell doesn’t want to just “build another calendar.”
Ontario helps agricultural innovation grow with up to $22 million investment
The funding is going to university and startup AgTech projects.
Walo secures $1.1 million to teach kids financial literacy
Walo provides a gamified mobile app that allows parents to automate allowances.
Family that formerly co-owned Toronto Star behind new social venture, Hvr Technologies
Hvr wants to create revenue sharing for bloggers, publishers.