Seed deals in Q1 2025 hit pandemic-era low as Canadian VC decline continues: report
Trade tensions and economic uncertainty contributed to investor caution, CVCA says.
Canadian Startup News
An AI-powered Bloomberg for Web3
Validation Cloud turned to AWS to help build its real-time Web3 intelligence platform.
Una Software secures new seed funding as startup adds AI into its financial planning platform
Staircase Ventures-led round brings Una’s total funding to $10 million USD.
“No plans are set” but Robinhood expects to “develop [its] offering” in Canada post-WonderFi acquisition
Robinhood Crypto SVP says US trading platform’s immediate focus in Canada is on crypto.
Healwell revenue more than doubled in Q1 2025 thanks to acquisition spree and AI
Toronto healthtech expects more strong quarters ahead thanks to Orion Health acquisition.
Katherine Homuth launches “organizational memory” startup as SRTX secures new interim CEO and financing
Homuth stepped down as CEO of SRTX in March as part of a pending fundraising deal.
Mélanie Joly, Evan Solomon to run newly split Industry and Innovation portfolios in Prime Minister Carney’s cabinet
Former Innovation Minister François-Philippe Champagne stays put as Minister of Finance.
Tentree spinout Veritree announces $9.1-million CAD Series A to help companies manage nature restoration projects
Vancouver cleantech startup recently hit 100 million trees pledged through its platform.
Making AI work beyond the lab
Researchers at Vector Institute are turning AI breakthroughs into real-world solutions.
Robinhood to buy WonderFi for $250 million CAD as US trading platform targets Canadian expansion
WonderFi to “accelerate Robinhood’s mission” north of the border.
University of Waterloo-backed Velocity Fund II holds $14-million initial close
First VC fund backed by Canadian university endowment has deployed into five startups so far.
Shopify stocks surge after company says it will join Nasdaq 100 index
The e-commerce giant will become a reference point for investors.
Opportunity Calgary Investment Fund’s new Express stream invests $3.5 million of fast funds across 23 companies
ZayZoon, Carbon Upcycling, CoolIT Systems plan to hire and train personnel with capital injection.
Biotech Intrepid Labs exits stealth with funding from Radical Ventures and Avant Bio
University of Toronto spinout looks to fast-track drug formulation with machine learning and robotics.
Canadian FinTech leaders “cautiously optimistic” about open banking, payments modernization under Mark Carney
Jaded from years of waiting, FinTech players hope Carney’s UK track record translates into domestic policy action.