MaRS CEO lays out reset business model as innovation hub makes more cuts
Alison Nankivell targeting 50/50 split between public and private funding “in the next few years.”
Toronto
BlueCat Networks to acquire San Francisco-based LiveAction from Insight Partners
Insight will remain a minority investor in the network intelligence solution.
Repeat founders return with $1.1 million to help AI SaaS companies launch API integrations through Unified.to
Pereira and Alexey Adamsky return with former CalendarHero colleagues and backing from LOI Venture and DevCap.
Elevate FinTech speakers tout need for customer-centric innovations
Deputy Minister of Finance says “we need to recalibrate our levers” regarding banking innovation.
Can Wealthsimple build Canada’s largest financial institution?
Ten years in, Wealthsimple is profitable with $50 billion in AUA. What comes next?
NACO launches fellowship program with national innovation orgs
Government-backed initiative to match founders with leaders at Interac, Loblaw Digital, National Bank, and more.
Nunafab, SnapWrite, Aruna Revolution among startups to score prize money at Elevate
Fourteen startups cashed in over $290,000.
Iris Booth appoints Shopify director Brandon Ghaeli as CEO
Ghaeli to replace founder Sue Siri following recent acquisition.
Fujitsu launches Cohere-powered Japanese LLM for enterprise use
Fujitsu invested in Cohere as part of a partnership to develop an LLM for the underserved language.
Koho secures $190 million CAD in equity and debt to bolster banking licence efforts
CEO said he’s not betting the company on banking licence at Elevate.
PocketHealth kicks off breast cancer awareness month with AI-powered tools for early detection
Tool features a personalized breast cancer risk assessment and mammogram appointment manager.
Loss of DoorDash partnership prompts Payfare share price plummet and strategic review
Shares dropped more than 75 percent Friday after news that firm’s largest customer would not renew its contract.
GreenSky’s $15-million first close of Fund VI puts VC firm in rare company
Research indicates only one percent of Canadian VC firms have graduated to a sixth fund over the past decade.
Propel Holdings to acquire UK-based QuidMarket for $95.9 million CAD
Company sees the UK as potential beachhead for expanding into the European market.
Looking for a tech job in Toronto? Here are three companies hiring
Koru, Vaco, Zebra Technologies are seeking talent in the GTA.