A|I: The AI Times – Can this Element AI co-founder fix the Internet?
Plus: Google in talks to invest $200 million into Cohere.
toronto
Graphite Ventures appoints Omi Velasco as principal to lead Western Canada deals
Graphite now has local investment team members in Calgary, Waterloo, Ottawa, and Toronto.
Waterloo Region venture deal volume continued to slump in Q3 2022
Early-stage deals were nowhere to be found. So what comes next?
Lightspeed promotes CRO JD St-Martin to president as leadership overhaul continues
JD St-Martin joined Lightspeed in 2019 through its acquisition of Chronogolf.
VCCI fund managers chosen for latest, $350 million injection of federal capital
Four funds are: HarbourVest Partners, Teralys Capital, Kensington Capital Partners, Northleaf Capital.
F|T: The FinTech Times – Wealthsimple achieves a Canadian FinTech first, plots new products
Plus: Mastercard to help make crypto trading easier.
Canadian startup news of the week (10/23/22)
Plus: Meet Alberta’s new innovation minister.
With HQ half a world away, how do Xero’s Canadian hubs stay connected?
How Xero connects Toronto to Wellington and all points in between.
Super Advisor secures $2 million to give financial advisors independence
Rhino Ventures-backed Super Advisor wants to help financial advisors strike out on their own.
VoxNeuro closes $4 million to help diagnose concussions and Alzheimer’s disease
Backed by decades of research, VoxNeuro aims to bring objectivity to brain health assessments.
DMZ reopens New York City office as it continues international expansion
Executive director: “We’re eager to keep growing the DMZ’s international presence.”
SingleKey acquires competitor Naborly to take the risk out of renting
The deal stands to triple SingleKey’s user base.
Mentorship startup Ten Thousand Coffees raises $75 million CAD from US-based Five Elms Capital
The financing marks Ten Thousand Coffees’ first institutional raise in its eight-year history.
Mortgage startup Perch raises $4 million with continued backing from venture arm of National Association of Realtors
Perch wants to use data to change mortgages and real estate.
ChainSafe closes $25.7 million CAD Series A to build blockchain-agnostic Web3 tools
COO: fundraising in current market “separates the true builders from the noise.”