Climate tech VC ArcTern Ventures closes $450-million CAD Fund III from large institutions
ArcTern’s LPs include TD, CPPIB, Allianz, OPTrust, Church Pension Group, and Credit Suisse.
Ontario
Visa Canada, Plug and Play team up to support Canadian FinTech startups
With new partnership, US payments giant and investor build on existing relationship.
GrowerIQ acquires cannabis tech competitor Ample Organics from US-based Akerna
Deal returns Ample to Canadian ownership over three years after it was bought by Akerna.
Top Hat CEO Joe Rohrlich and CRO Matt Schurk depart EdTech company
Departures come five months after the firm reduced its workforce by 42 employees.
Alida appoints Efrem Ainsley CEO as software firm targets “long-term sustainability”
Ross Wainwright departs after four years with the company formerly called Vision Critical.
Untether AI names Intel veteran Chris Walker as its new CEO
AI chip startup also adds ex-Google, Nvidia exec Amir Salek to board.
Social Finance Fund-backed Realize Capital Partners reveals first nine investments
Recipients include Idealist, Maple Bridge, PaceZero, Raven, Relentless, and The51.
Private open banking update: TD signs with Plaid, Xero signs with Flinks
Flinks, Xero aim to help businesses tap into bank feeds as TD, Plaid aim to ease app access.
Beauty tech startup Fyyne acquired by Nigeria-based e-commerce company Bumpa
Fyyne offers a beauty services marketplace and business tools.
Kitchener-Waterloo tech leaders launch new community-building platform Waterloo Inc.
Intellijoint CEO: “We want to put the focus back on Waterloo Region.”
EZee Assist reveals $1.85 million in funding to help franchises manage institutional memory
Toronto startup caters to clients like BeaverTails and Real Property Management.
FinChat secures $1.5 million USD from Social Leverage to expand AI-powered stock research platform
FinChat surpassed 100,000 users within a month of its launch.
Two years after Graphite Ventures spinout, MaRS IAF is ready to invest again
With new hires, managing director says IAF has achieved “critical mass.”
Wealthsimple rolls out private equity offering for retail investors
PE marks the third alternative investing option Wealthsimple has launched since 2022.
FreshBooks president and CEO depart as company lays off six percent of employees
FinTech firm promotes two interim co-CEOs, embarks on search for next leader.