Luge Capital navigates emerging manager minefield, closes second early-stage FinTech fund at $96 million CAD
FinTech VC adds finance leader from Georgian with plans to hire an investor in Calgary.
Ontario
Shopify to become Roblox’s first platform commerce partner
Move is expected to open up a massive audience of 80 million potential young customers to brands.
“It’s just straight math”: Assent CEO Andrew Waitman sets bar higher after hitting centaur status
Waitman pushing Ottawa compliance software company to reach $200 million ARR within four years.
Fed issues $5.2-million investment to boost southern Ontario cleantech
New fund to offer business support and seed funding.
Northside Ventures closes first early-stage VC fund at $15 million CAD
This emerging manager just met his target amid one of the worst fundraising environments in a decade.
Canadian healthtech company Deep Breathe bags top prize at US Army’s xTechInternational 2024
Portable ultrasound diagnostics startup takes home $95,000 after winning pitch competition in Spain.
Bitfarms and Riot continue public squabble leading up to October shareholder meeting
Riot encouraged shareholders to “seriously question” timing of recent Stronghold acquisition.
Round13, Nvidia-backed Wombo announces $12.2-million CAD to launch more generative AI apps
After surviving collapsed fundraise and class-action, Wombo contends with copyright concerns as it funds for growth.
Executive director Michael Buhr wants C100 to help Canadian tech startups scale
C100 announces 38 Canadian tech firms in new growth and latest early-stage cohorts.
Six Canadian universities among PitchBook’s 2024 top 100 schools for founders
University of Waterloo tops list of Canadian post-secondary institutions that produce future founders.
Carbon6 acquires American firm Junglytics to provide AI tools for Amazon sellers
Junglytics’ platform provides Amazon sellers with data analysis through a “GPT-style” interface.
Shopify taps Microsoft executive Mikhail Parakhin as its new CTO
Shopify CEO Tobi Lütke praised Parakhin’s “deep expertise” in AI and machine learning.
New School Foods lands big fish as IKEA joins returning investors in $8-million CAD seed extension
Startup plans to bring plant-based salmon alternative to US, Canadian markets.
TSX-listed Givex to be acquired by American payments firm Shift4 for $200 million CAD
The all-cash transaction will pay $1.50 per Givex share, a 55 percent premium on its Friday closing price.
Viggle AI closes $26-million CAD Series A to expand AI-powered video generator
Toronto startup behind viral Lil Yachty walkout meme fuels up to build on its growth.