Micruity aims to “pensionize” 401(k) plans as it lands $6.5 million CAD seed round
Franklin Templeton and Allianz Life both made strategic investments in Micruity.
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SVB reports Canadian tech startups drew record $16 billion in investment in 2021
Canadian tech almost tripled 2020’s funding numbers.
Newton Crypto now valued at $253 million following $25 million CAD Series B round
Tiny Capital, Shopify co-founder Tobias Lütke’s Snowdevil Capital helped fuel the financing.
Raquel Urtasun’s Waabi unveils “revolutionary” autonomous vehicle testing simulator
Waabi claims it’s the “ultimate school for self-driving vehicles.”
Coveo sees 39 percent year-over-year revenue growth in “record” Q3
This is the first earnings report since Coveo went public on the TSX.
Nord Quantique closes $9.5 million seed round co-led by BDC Capital’s Deep Tech fund
Nord develops hardware for fault-tolerant quantum computing.
Elastic Path secures $60 million to scale “composable commerce movement”
The round brings Elastic Path’s total funding to $120 million.
S|W: The SaaS Weekly – Does Citrix + Tibco = SaaS powerhouse?
Plus: 6 reasons Meta is in trouble.
iGan Partners, Faisal Belhoul launch Arabia medtech fund with $250 million USD target
The fund has invested in Okadoc, Exact Imaging, eSight, and MolecuLight.
Forma.ai quadruples annual revenue, sets out to disrupt sales compensation
“Sales compensation is due for a change,” says CEO.
F|T: The FinTech Times – Can Koho disrupt Canadian banking before Wealthsimple disrupts them?
Plus: Coinbase adds Shopify CEO to board of directors.
How Ada and Benevity became Canadian tech unicorns
Does mo’ money truly mean mo’ problems?
Stamped AI closes $2 million to simplify financial statement prep for SMBs
Stamped AI describes itself as a “tech-enabled audit firm.”
Hiring roundup: Carbon Engineering, ACTO, WorkJam, Wishpond, Volta, Silicon Valley Bank
Here are six Canadian tech firms that have added new talent this year.
H|T: The Healthtech Times – Investors bet big on BenchSci
Plus: What stopped The Canadian Shield from supplying the PPE and tests Canada needs?