Shopify makes strategic investment in US AI recommendation startup Crossing Minds
Crossing Minds plots Canadian expansion with new Toronto office.
Funding
QuadFi inks agreement for up to $127 million CAD to provide loans to underserved individuals
QuadFi targets young people, immigrants, and others with a “thin credit history but bright prospects.”
Thentia secures additional $10 million from BDC Capital, opens HQ in Oklahoma
Thentia finds a sweet home in Oklahoma.
Microprinting tech firm VueReal closes $14.4 million Series B round
Economic Development Canada, BDC Capital’s Cleantech Practice invested in the round.
Vetster raises $30 million in Series B, partners with investor Pet Meds
Vetster puts its paws on a new partnership.
Telus backs new social impact fund focused on community safety and wellness in Edmonton
ScaleGood Fund to invest in grads of the Telus Community Safety and Wellness Accelerator.
Impression Ventures secures $64 million for fourth fund, continues to bet on seed-stage FinTech
Impression bet early on Wealthsimple and won. Now the firm wants to make bigger bets.
Requity Homes closes $1.2 million to expand rent-to-own home ownership model to Western Canada
Requity wants to apply what Divvy Homes and Landis are doing in the US to Canada.
Emma closes $6 million Series A to take online insurance products across Canada
When Emma expanded from a broker to building its own insurance products, “everything started clicking.”
Hookdeck raises $2.65 million CAD to connect the information that “rules the web”
Technical staff from Shopify, Gorgias, Checkout, and Designstripe all invest in Matrix Partners-led round.
Boxhub closes Delivery Hero CEO-led $2.7 million seed round
Boxhub aims to make the buying and selling of shipping containers as easy as booking a hotel.
MeetAmi secures $36.5 million to help wealth management firms navigate digital assets
MeetAmi looks to relieve the pressure wealth management firms are feeling amid the crypto boom.
Wavy raises $2.5 million to combat remote work, burnout, talent churn
Beer tastings? Yoga? Wellness workshops? There’s a Wavy experience for that.
VentureLab secures $2.5 million in provincial funding to expand semiconductor incubator
Funding enables VentureLab to build a new medtech lab in Vaughan.
University of Alberta spinout DrugBank closes $9 million from Brightspark, Amplitude, Theodorus to fuel drug discovery with its data platform
DrugBank wants to ‘be the shovel’ in a gold rush of new medical innovation.