Promise Robotics nets $20.8-million CAD Series A to speed up home building with robots
The startup turns standard industrial robots into plug-and-play homebuilding systems.
proptech
BDC Capital recommits to leading seed deals in startups across Canada with new $50-million fund
VCs applaud BDC’s commitment to direct seed funding, ask for more emerging manager support.
Pine acquires Properly to capture more of the Canadian home-buying process
Digital mortgage firm aims to build the former proptech into Canada’s top real estate website.
Properly founders exit as company and tech are sold in separate transactions
America real-estate giant Compass buys out Properly founders; unnamed Canadian firm acquires brokerage.
Gambit Partners aims to take some of the risk out of early-stage investing by leaning on its LPs
Led by Relay Ventures and VTS VPs, $2-million VC fund looks to leverage its LP battalion of Canadian tech operators.
Home-sharing platform Happipad partners with Nova Scotia government to aid province’s rental crisis
Province estimates 130,000 vacancies could potentially be filled through the partnership.
Local Logic raises $17.5 million CAD to develop AI decision-making for location-based risks and opportunities in real estate
Montreal proptech startup wants to impact every real estate decision in the United States and Canada.
Doormat raises $1.25 million to make real estate legal services easier
Doormat is currently available in Ontario and plans to expand into British Columbia and Alberta.
Tough Commerce raises $2 million to become Shopify for “complex” industries like construction
A former Shopify engineering lead joined Tough Commerce as investor, board member.
Unreserved dismisses portion of $25 million lawsuit against real estate associations as new regulations for open bidding expected
The lawsuit remains active against the Ottawa Real Estate Board.
RealSage secures $2.1 million CAD to help multi-family rental managers make better decisions with AI
Ex-real estate asset manager aims to help others parse data during “critical time.”
RBC acquires Canadian operations of US proptech startup Ojo
Deal comes amid cooling housing market that has impacted homebuyers and proptech startups alike.
Properly pivots away from home sale guarantee as real estate market dips
Company attributes shift to “unprecedented volatility in the Canadian housing market.”
Wiseday enters Canada’s digital mortgage space with “instant” pre-approval process
Wiseday is led by RenoRun, Hopper, Ssense, Ubisoft, Nesto alumni.
Canadian tech layoffs continue as tough year comes to a close
Properly, TealBook, D2L, League among latest firms to cut staff amid economic downturn.