At adtech startup Nova, president Matt Crenshaw steps into the CEO position
Former CEO Gupta shifts over to the board, advisory role.
Toronto
Bidmii, SalonScale, Moves, TrojAI among 2023 cohort of Google’s Canadian accelerator
Previous cohort included MintList, Helcim, Fyyne.
OMERS Ventures enters 2023 with new playbook as firm looks to launch fifth fund this year
Unified global investment team the latest change in OV’s evolution.
Round13 leads System-3’s $3.6 million round to mitigate bias in hiring leadership talent
System-3 taking cues from aviation industry training to evaluate company leadership.
Despite market conditions, 2022 second-highest year on record for Canadian venture capital
CVCA CEO: “Considering the macroeconomic conditions, the finish in 2022 was surprising.”
WFHomie acquired by Houston’s GoCo to create all-in-one HR platform
WFHomie was the first investment out of Ryan Holmes and Manny Padda’s fund LOI Venture.
GreenSky expands team, secures $17 million first close of Fund V as firm sees opportunity amid the downturn
“When you get that kind of volatility … that’s when you get the best opportunities.”
Thinkific, WonderFi, VerticalScope face leadership changes following layoffs
Canadian tech companies hit with executive exodus amid sector downturn.
Following exit to Live Nation, Universe founders secure $10.8 million for online art marketplace Peggy
Peggy uses AI to help artists and collectors authenticate artwork.
Koho lays off 14 percent of staff
CEO claims cut doesn’t extend runway, but will support growth efforts.
RBC acquires Canadian operations of US proptech startup Ojo
Deal comes amid cooling housing market that has impacted homebuyers and proptech startups alike.
Mark Usher named CIBC Innovation Banking lead after Mark McQueen announces departure
Usher follows in footsteps of former Wellington Financial colleague Mark McQueen, who is leaving for other endeavors.
CoinSmart to seek monetary damages from Coinsquare following collapse of acquisition deal
CoinSmart accepts deal is no more, intends to “commence legal proceedings against Coinsquare.”
After selling startup to Instacart, New School Foods founder raises $15.9 million CAD to create plant-based meat
Toronto startup’s tech can produce plant-based salmon fillets.
CIBC Innovation Banking president Mark McQueen to depart for “next adventure”
McQueen joined CIBC through its acquisition of Wellington Financial in 2018.