Yaletown Partners raises $100 million in first close for third Innovation Growth Fund
Vancouver VC firm is targeting a final close totalling $250 million within the next year.
SaaS
AI bookkeeping startup Ceedar is turning customers into investors
Ceedar nabs angel cheques from Canadian founders looking for simplified accounting options.
Cybersecurity startup Cavelo secures $5-million seed extension round led by Inovia Capital
CEO of Waterloo company claims growth over past year “has been nothing short of incredible.”
Mantle rolls out free cap table management tool for early-stage startups
Canadian Carta competitor aims to help nascent companies organize their ownership structure
a16z says OpenSesame to Canadian agentic AI startup for its speedrun accelerator
Aidan Gomez-backed startup still unsure if it will follow Cohere CEO’s advice on remaining in Canada.
AI-powered 9-1-1 call screening startup Hyper exits stealth with $6.3 million USD
Yukon-originated startup founded by repeat Canadian entrepreneurs Damian McCabe and Ben Sanders.
Former Toronto Raptor Pascal Siakam dishes $50,000 in grants to winners of inaugural EdTech accelerator
NBA champion Spicy P teamed up with a panel of judges at the Siakam EdTech Engine Accelerator’s demo day.
Dig Insights acquires OneCliq to beef up market research tools with social media analysis
Toronto-based OneCliq says it gleans consumer sentiment from activity on Reddit, Instagram, and TikTok.
Canadian co-founded Substack raises $100-million USD Series C to grow tools for independent creators
Two out of three Substack co-founders are University of Waterloo and Kik alums.
Longtime 1Password CEO Jeff Shiner moves to executive chair, hands reins to David Faugno
Shiner calls Faugno “the right leader for where we’re going next.”
Define Capital fuels up for more niche software acquisitions with $28-million debt facility from Scotiabank
Toronto private equity fund warms up to the idea of buying corporate spinoffs and venture-backed startups.
Uberflip co-founder secures $1 million to help families pass down valuables with Trusty
Repeat tech entrepreneur Randy Frisch sees potential to build a “modern letter of wishes.”
GreenSky closes $23.5-million sixth fund with help from new managing partner Jeff Brunet
NBIF becomes LP as Toronto firm dips its toes into institutional investor pool.
Cohere to open South Korean office, expand AI offerings in Asia Pacific
Enterprise AI developer partnered with tech giant LG and South Korean government for AI diplomacy program.
Tailscale CEO Avery Pennarun says pressure to adopt AI has created a “Wild West” for corporate cybersecurity
Pennarun wants companies to stop putting their private API servers on the public internet.