toronto | BetaKit

Power marks up value of stake in Wealthsimple for third consecutive quarter

Hike to $1.5 billion CAD reflects rise in public markets and Wealthsimple’s performance.

CIBC’s Eric Laflamme on the “perfect mix” of investment alchemy in Canada’s most European city.

Startup’s windows control heat gain and glare to reduce the need for air conditioning.

Organizers say the city and province “had other plans.”

Telus, Diagram, Portage back Toronto insurtech startup’s platform development plans.

Navigating a mixed consumer spending environment, the company brought in $2 billion USD.

Deal reportedly values PureFacts at $250 million.

Plus: More money on the table for diverse founders.

Toronto space tech startup aims to ensure safer satellite launches and operations.

Montréal-based company reports 27 percent year-over-year sales increase to $266.1 million USD.

The total transaction value is dependent on annual performance over 36 months.

An additional five VCs from Vancouver, Toronto, and Montréal will receive portions of the $25 million commitment.

VoPay, Flinks, and Payfare have been tapped to power offerings for tech giants, credit union.

Capital injection brings the firm’s war chest up to $690 million CAD.

Plus: The largest Series A raised by a Black female founder in Canada.