Janet Bannister launches Staircase Ventures with $22 million first close
Bannister strikes out on her own after stepping back from Real Ventures.
Toronto
WonderFi, Coinsquare, CoinSmart to merge as Canada’s crypto industry consolidates
Canadian crypto love triangle ends in three-way merger.
MaRS Discovery District launches new program for “high-growth” Canadian companies
The program is backed by existing FedDev funding.
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.”
PureFacts acquires Xtiva to bolster its revenue management solutions
The combined company will offer a complete revenue management platform.
Toronto’s Hypercare sole Canadian startup selected for AWS healthcare accelerator
The healthcare coordination platform among the cohort of 23 companies chosen to participate.
Nulogy raises $20 million to make collaboration easier for multiple companies in a supply chain
Nulogy is appealing trade secret misappropriation complaint against US client that was dismissed in 2022.
Birdseye raises $500,000 to help Shopify businesses automate marketing strategies using AI
Birdseye’s platform generates marketing plans with step-by-step instructions.
Carbon Neutral Club secures $1.4 million to incentivize employees to help companies meet climate targets
Startup sees employee action as missing piece for orgs looking to reduce emissions.
Backed by Mark Cuban-led $2.4 million round, TransCrypts uses blockchain to help Ukrainian refugees access health records securely
TransCrypts is also expanding to help those impacted by earthquakes in Turkey.
Vertu Capital closes first private equity fund with over $300 million
Led by ex-OMERS veteran Lisa Melchior, Vertu is Canada’s first woman-founded PE firm.
FreshBooks lays off 10 percent of staff as company targets profitability
FreshBooks’ second round of layoffs since December sees third C-suite exec depart in past year.
Amazon won’t confirm how many Canadians impacted by forthcoming 9,000 employee layoffs
Worldwide cuts will impact AWS, PXT, advertising, and Twitch teams.
DMZ Demo Day event to hand out $300,000 in prizes for startups
Entrepreneurs will get to pitch and network with hand-picked global investors.
How 1Password plans to build a passwordless future
Now in a key 18-month window, 1Password plans to ramp up its shift to passkeys in 2023.