Shopify alums secure $7-million CAD seed round for AI mobile commerce platform Reactiv
Despite commitment to build in Canada, Reactiv chose more “ambitious” US-based investors.
Ontario
Father-son Schwartz duo team up with FinTech founders to launch Exit North Ventures
Leaders of Canadian Fintech, CLA, Financeit, LendCare, others look to back FinTech startups with $20-million fund.
Alexis Ohanian and Matt Damon can help Xatoms clean water around the world
Diana Virgovicova explains how she’s using quantum chemistry, grants, and celebrity to solve a global problem.
Mave reveals $2 million CAD in pre-seed funding following beta launch of real estate AI assistant
Startup wants to reduce the hours agents and brokers spend on administrative tasks.
Founders of Propel Holdings, Plusgrade, and Redbrick among 2024 EY Entrepreneur of the Year regional winners
Regional winners will compete for national title to represent Canada globally in Monaco.
Chris Albinson departs as Communitech CEO but keeps reins of True North Fund
True North Fund announces second close with three unnamed investments to date.
Shopify combines its financial solutions into one dashboard
Canadian merchants can currently use two of Shopify’s five Finance offerings.
Panache Ventures partner Chris Neumann to depart VC firm, Sarah Willson promoted to principal
Partner Patrick Lor to lead Panache’s efforts in Western Canada going forward.
Parachute closes $1.5 million to help struggling Canadians improve their financial health
Decades after filing for bankruptcy, Bruce Hodges aims to give Canadians another option.
Plooto appoints John McLane as new CEO
Toronto FinTech scaleup has reshaped its team with recent hires and restructured workforce.
Brightspark closes latest early-stage VC fund at $100 million, appoints new BC partner
“We think we can find the best deals in Canada, so we’re going to keep on doing that.”
Thomson Reuters acquires American portfolio company Materia AI
Materia emerged from stealth earlier this year with Thomson Reuters’ backing.
Phaseshift Technologies raises $4.1 million CAD to fuse material discovery with AI
Startup to commercialize advanced engineering materials for aerospace, automotive, and energy sectors.
Champagne, Conservatives point fingers as Canadian cleantech startups suffer continued SDTC funding delays
Startups face layoffs and cancelled contracts to cover SDTC financing shortfalls, BetaKit has learned.
Inside FreshBooks’ struggle to reach profitability
FreshBooks is on a multi-year rollercoaster ride of executive turnover, staff reductions, and office shutdowns.