AI-driven investment startup Delphia acquires Fathom Privacy to increase transparency with user data
Users pool their data together through Delphia with the goal to improve investment strategies.
Toronto
CommerceBear raises $10.5 million USD to modernize outdated furniture e-commerce market
CommerceBear wants to create easy access to channels like Wayfair.
GoBolt closes $75 million Series C round to double down on EVs, North American expansion
GoBolt spent the last year building a fleet of EVs from suppliers like Ford, Lion Six.
Top Hat acquires STEM EdTech startup Aktiv Learning
Aktiv is Top Hat’s fifth acquisition, and its first outside of publishing.
Wattpad president Jeanne Lam resigns months after being tapped to lead company
Naver Webtoon’s KB Nam has been appointed interim president.
Led by former Ada employees, Lancey secures $2 million to let B2B software buyers “try before you buy”
YC grad Lancey is backed by group that includes Panache, Garage, and Ada’s CEO.
Private AI secures $10.7 million CAD to protect personal data from privacy breaches
Microsoft, BDC, Twilio alum are among Private AI’s investors.
Cross-border payments startup Buckzy takes the smart money in downscaled $19.5 million CAD Series A
In challenging market, Buckzy opts for smaller round to hit escape velocity in 2023.
Ha Nguyen named McRock Capital’s third partner as firm looks to raise $200 million fund
Nguyen is the first McRock partner in addition to firm’s co-founders.
Think Research reports increased revenues, debt in Q3
CEO maintains company well positioned to continue revenue growth.
Eight Canadian universities land in PitchBook’s 2022 top 100 schools for founders
The University of Waterloo keeps top spot for Canadian schools.
Canadian tech layoffs continue as tough year comes to a close
Properly, TealBook, D2L, League among latest firms to cut staff amid economic downturn.
Intuit launches third edition of Prosperity Accelerator for Toronto FinTech startups
Amid slowdown in FinTech funding, Intuit wants to continue helping startups scale.
Nobul, Hopper top Deloitte Canada’s fastest growing startups lists for 2022
Annual survey of tech execs expresses concerns over access to capital, talent.
Amazon layoffs hit Canadian teams, according to LinkedIn posts
Impacted roles in Canada include Amazon Alexa’s development team.