Canadian startup news of the week (10/24/21)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
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F|T: The FinTech Times – Wealthsimple expands crypto portfolio
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Q4 Inc. reduces TSX IPO target following weaker than expected investor demand
Investor relations software provider Q4 Inc. has cut the size and pricing of its planned initial public offering (IPO) on the…
7shifts moves HQ to Nutrien Tower for its post-COVID workforce
Saskatoon-based retail software startup 7shifts has entered into an agreement to lease a 22,500 square foot space in the Nutrien…
With Bermuda incubator launch, DMZ aims to gain foothold in blockchain
DMZ’s newest location features plenty of sun, sand, and surf – and hopefully startups. The DMZ at Ryerson University…
Rumor Avenue acquires FLIK as company aims to empower women founders
Less than two years after launching its platform, FLIK has been acquired by fellow Vancouver-based firm Rumor Avenue in a deal…
Sharethrough prices TSX IPO, aims to secure $75 million
Montréal-headquartered Sharethrough announced October 21 the pricing of its initial public offering as it looks to list on…
Despite COVID-19, Ontario AI ecosystem continues growth trajectory, report finds
The Vector Institute’s second annual snapshot of Ontario’s artificial intelligence (AI) sector has found that despite the…
Yoshua Bengio part of investors betting on Armilla AI to root out biases in machine learning
Armilla AI has launched with $1.5 million in pre-seed funding and the aim to ferret out and correct biased AI. Investors in…
Affinio to be acquired by NowVertical Group for $9 million CAD
NowVertical Group has signed a definitive agreement to acquire all issued and outstanding shares in Halifax-based marketing…
Penn National completes $2 billion acquisition of theScore
Pennsylvania-based Penn National Gaming, an operator of casinos and racetracks, has completed its acquisition of Score Media…
Former Twitter exec Kirstine Stewart joins Rivalry’s board of directors
Rivalry, a Toronto-based sports betting and media company, has announced that former Twitter executive Kirstine Stewart has…
Following $61 million TSX IPO, Propel Holdings eyes US expansion
Toronto-based FinTech startup Propel Holdings closed its IPO on the Toronto Stock Exchange, raising $61 million. The shares…
Wisely acquires Hopeful to create AI-powered fundraising powerhouse
Two Canadian startups specializing in AI-based fundraising for nonprofits have joined forces: Wisely has acquired Hopeful Inc.…
CapIntel signs partnership with IG Wealth Management
CapIntel, which provides a management platform for wealth management firms, has penned a partnership deal with IG Wealth Management,…