Golden Ventures closes nearly $140 million CAD for fifth seed-stage VC fund
Despite a tough market, Golden remains “long Canada” with strong support from existing LPs.
Ontario
Y Combinator and Yoshua Bengio-backed Armilla AI secures $6 million CAD in new funding
Armilla says its AI model warranty could have covered Air Canada’s chatbot snafu.
1Password acquires Boston-based device security platform Kolide
Following the deal, CEO Jeff Shiner said 1Password expects to add 250 new positions in 2024.
Round13 Digital Asset Fund claims over 40 percent gains despite tough crypto market
Toronto fund says mix of digital assets, crypto VC has fuelled strong early returns.
Think Research to be acquired by lender Beedie Capital
The deal offers “the best available path forward” for the healthtech firm.
Maple VC co-leads $4-million USD seed round for Canadian-led Inference.ai
Palo Alto-based startup is the latest to receive investment from Maple VC.
York Region commits $1 million to support international, women entrepreneurs
Project JumpSTART aims to create a soft landing for tech entrepreneurs in the York Region.
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.
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.