Clay Financial raises $1.7 million CAD to develop its home-equity sharing agreement platform
Clay aims to launch its platform in the Greater Toronto Area later this year.
Canadian Startup News
Former Global Founders Capital partner launches Northside Ventures to back pre-seed Canadian entrepreneurs across North America
Northside has secured $6.25 million USD from Inovia, Intact, Bain, Golden Ventures, and Garage Capital, among others.
F|T: The FinTech Times – Crypto startup loses $38.9-million wallet password, goes bankrupt
Plus: Canadian FinTech startup duo partners to bring AI-powered advice to financial advisors.
Novarc Technologies announces closing of $20 million USD for its AI-powered automated welding robots
Construction-vehicle company Caterpillar’s venture arm joined the round.
Employee time-tracking startup Replicon acquired by US-based Deltek
Deltek called this deal one of the largest in the company’s history.
Bank of Canada taps EvolutionQ to explore impact of quantum computing on digital dollar
“The price of being late is far too great,” EvolutionQ CEO Michele Mosca says.
FlipGive raises $5 million to expand fundraising platform for youth sports teams
FlipGive launched its embedded cash-back rewards shopping platform in August.
WatchMojo CEO leads Mosea $2.5 million CAD raise to help Canadians split the bill
Mosea helps groups divide expenses and send payments, but makes its money from events.
Flojoy raises $1.7 million to apply AI to instrumentation testing for heavy industries
Former Plotly CEO moving on to build new Python-based software.
PrairiesCan invests $3 million to kickstart Edmonton Unlimited’s new innovation space
The funding will provide “a space for all innovators to start and scale their companies,” mayor says.
Conquest Planning partners with CapIntel to bring AI-powered advice to more financial advisors and investors
Two Canadian FinTech startups team up after closing Series A rounds last year.
Seven Canadian tech founders dish about their journey running a startup
Get to know the founders of Cohere, Neo Financial, and more.
SearchEye raises $1 million to scale platform that connects brands with content creators
Funding will help SearchEye expand capabilities, like support for audio, video, social media.
OMERS Ventures turnover continues with global head Damien Steel joining Deep Sky as CEO
With significant summer departures, OMERS Ventures’ playbook has changed once again.
Ontario government, Rogers invest combined $8.8 million for province-wide cybersecurity initiative
Canadian Cyber Threat Exchange, TMU’s cybersecurity centre are leading the initiative.