In banking licence pursuit, Koho is chasing a “seat at the table” and real competition
Former Tangerine CEO Peter Aceto tapped to lead Koho Bank.
Canadian Startup News
Innovate BC taps IP expert Peter Cowan as next president and CEO
Cowan most recently led Ontario’s intellectual property agency.
Eight Canadian foodtech projects receive $1.9 million in pilot funding from CFIN
Supported projects include short-haul delivery robots and augmented reality training programs.
After years of providing free accounting and invoicing software, Wave rolls out paid model
CSO says new tiered, subscription-based pricing gives Wave a “sustainable way to grow.”
Startup consulting firm Flow acquired by Deloitte Canada
Flow helps companies source funding like SR&ED credits.
F|T: The FinTech Times – Brex burning bucks while Klarna mulls IPO
Plus: Visa partners with Plug and Play to support Canadian FinTech.
Interest rates remain unchanged (for now). What does that mean for Canadian tech in 2024?
After a down year, ecosystem insiders offer caution and optimism.
Fantuan acquires Chicago-based Chowbus’ delivery business to fuel US presence
Deal comes two months after Fantuan secured $40 million USD.
Bagel Network closes $4.18 million CAD for machine learning data network
Startup aims to help teams train AI models on better data.
Femtech Canada officially launches network to support women’s health innovation
Network includes over 120 companies, industry partners, investors, accelerators.
Nesto enters brokers channel through partnership with M3 Mortgage Group
The digital mortgage lender will become available to over 8,500 brokers.
CBIV surpasses $135 million CAD in final close to back women, children-focused healthtech startups
With Fund I, Toronto’s CBIV targets both market returns and impact.
Tiny to purchase WholesalePet from Emerge Commerce for $12.5 million CAD
Emerge Commerce originally acquired the online pet supply wholesaler in 2021.
Ontario invests $14.9 million into Waterloo Region’s Quantum Valley Ideas Lab
The funding is aimed to build a “world-class quantum sensing ecosystem” in the province.
AI photography startup Skylab acquired by ImageQuix
Skylab develops AI-powered tools designed to streamline the photo editing process.