ZayZoon, Symend, Peggy named to CIX’s top early-stage, growth startup lists
This is the first edition of the lists since Elevate acquired CIX in September 2023.
Ontario
Supply chain software company Nulogy receives strategic backing from US private equity firm Rubicon
With Rubicon’s experience and more cash on hand, Nulogy is exploring new ways to scale.
EdTech game developer Prodigy Education adds CFO to refreshed leadership team
After September 2022 “reset,” Prodigy has set its sights back on sustainable growth.
Evercloak closes $2-million seed round as it looks to cool buildings without heating the planet
Evercloak’s membranes are aimed to reduce the energy air conditioners consume by more than 50 percent.
Shopify beats Q4 estimates with strong holiday season, but stock still drops
Shopify aims to deliver “compelling mix of growth and profitability” in 2024.
Float secures $50-million credit facility from Silicon Valley Bank to expand its financial products
FinTech firm teams up with SVB again to grow its corporate credit offering.
Fuelled by Well Health partnership, Healwell looks to apply AI to preventative care
Healwell AI zeroes in on M&A for growth after surgically removing its clinical footprint.
Vector Institute leaders chart AI hub’s progress and the challenges that remain
Experts discuss AI safety, regulation, and how Canada can maintain global leadership.
OneEleven taps Chris Greenfield as new managing director
Greenfield believes Canadian tech ecosystem is “beyond Series A,” and it’s time to prove it.
NGen investing $32.3 million into 15 advanced manufacturing projects
Tech startups CarbiCrete, 3D BioFibR, Falkbuilt among recipients.
Northleaf Capital Partners completes final close of $285-million CAD growth equity fund
The technology and healthcare-focused fund surpassed its $269-million CAD target.
Ted Livingston’s new micropayments startup Code closes $6.5 million in seed financing
Kik founder’s new venture wants to help creators monetize their work for as little as five cents.
Blockchain startup Hivello raises $3.3 million CAD in pre-seed funding
Hivello wants to democratize access to Web3 projects.
Wealthsimple surpasses combined $200 million for venture, private credit, equity funds
The FinTech firm’s trio of alternative investment funds have seen demand from retail investors.
Q4 Inc. delists from TSX as Sumeru Equity Partners buyout closes
Just over two years after TSX IPO, Q4 Inc. becomes the latest Canadian tech company to go private.