Federal government announces first VCCI inclusive growth stream VC fund recipients
BKR Capital, District Ventures Capital, Ripple Ventures, Sandpiper Ventures, The51 receive portion of $25 million.
Toronto
WonderFi files SEC registration statement as crypto firm eyes Nasdaq listing
CEO called the move “an important first step” towards US expansion.
Lemurian Labs secures $9 million in seed funding to expedite AI workloads at a lower cost
CEO says company can bring down the power consumption of AI models by 10-times.
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.
MaRS and Innovate UK announce cohort for third advanced manufacturing incubator
Startups focused on industrial automation, carbon adsorbents, and aerospace maintenance are part of the new cohort.
Clearco secures new equity financing from existing investors and asset-backed facility as struggling financier recapitalizes
Inovia, Founders Circle double down on Clearco with SVB debt buyback, $60-million Series D.
Cardata raises $100 million for product acceleration
Company says investment is “pivotal” as it works to grow platform for workers using private cars.
Healthtech startup Medreddie takes home the first Elevate Women+ Pitch Prize
Medreddie secures funding from The Firehood, Forum Ventures, BDC Capital’s Thrive Lab.
Techstars Toronto celebrates 100 direct investments as an accelerator
The organization is also welcoming an even mix of Canadian and international companies to its 2023 class.
David Faugno latest addition to 1Password as first-ever president and chief operating officer
1Password continues to add to its C-suite following new revenue milestones.
Pollin Fertility raises $20-million CAD Series A led by David Thomson’s Osmington Inc.
The raise highlights a recent flurry of rounds in the fertility space.
Wealthsimple to join Interac e-transfer system under expanded access guidelines
Wealthsimple becomes first securities dealer to join Interac’s service, but yearns for RTR payment system.
Cognota closes $5.5-million USD Series A to make corporate LearnOps a thing
With a new name, product, and fresh capital, Cognota eyes growth.
Elevate announces CIX acquisition and new $2-million innovation challenge for youth mental health
Elevate kicked off this year’s tech and innovation festival on its main stage by announcing its acquisition of the Canadian…
Homecare Hub secures $3.4 million CAD in seed funding for its Airbnb-style senior care platform
Toronto-based senior care startup will use funding to begin expansion to US market.