Calgary only Canadian tech city not to drop in Startup Genome’s annual ecosystem report
Startup Blink report tells different story, with Canadian cities rising up through the ranks.
Toronto
MLSE, TMU reveal eight sport tech startups to join third Future of Sport Lab cohort
FSL alumni have partnered with brands like the NBA, Red Bull, and Adidas.
FinTech startup Swoop raises £5.4 million to target US expansion through Canadian office
Irish company swooped into Canada last year after seeing country’s commitments to open banking.
Maropost acquires Swedish AI startup Findify for over $4.45 million USD
Findify’s clients include Victoria Beckham, Pharell Williams, and a Kardashian.
1Password adds Shopify alum Erin Zipes as chief legal officer, doubling C-suite over past year
Zipes has experience scaling legal team, leading Shopify through IPO.
Orna raises over $1 million in seed funding to bolster AI-powered cybersecurity platform
Orna is working on using blockchain tech for secure data storage.
Delphia closes $60 million USD to improve AI-driven investment platform with user-owned data
Delphia taps into crypto as reward for users that provide data.
VirgoCX receives CSA exemption as parent company secures $10 million
As VirgoCX secures regulatory exemption in Canada, it eyes global expansion in Australia, UK.
Starting with Ontario, Kruzee aims to become North America’s leading online driving school
Ratehub, Juno College alum-led Kruzee gears up for launch with $500,000.
Mash raises $7.5 million CAD to help builders, developers, and creators monetize
Mash wants to help creators generate cryptocurrency revenue.
Clearco expands to Germany while cutting staff in Ireland
The cuts come three months after Clearco promised to hire 125 people in Ireland.
Wealthsimple launches FinTech super app, combining startup’s financial products
What’s “better than a bank?” Mike Katchen thinks it’s a super app.
SoulRooms launches initiative to help Ukrainian refugees find homes in Canada
Plus: Canadian org launches app to expedite refugees’ arrival into Canada.
Jennifer Couldrey to depart executive director role at The Upside Foundation
General manager Maria O’Reilly assumes interim ED position.
Manzil looks to expand Halal financial services platform with $2.44 million CAD, acquisition of Muslim Will
Manzil’s mandate is “to bring a digital Islamic financial institution to Canada.”