Power marks up value of stake in Wealthsimple beyond 2021 peak
Hike to $2.2 billion reflects rise in public markets, Wealthsimple’s performance, and an upcoming secondary deal.
Toronto
Richa Mehta joins Radical Ventures as San Francisco-based partner
AI-focused VC firm launched a new $800-million USD growth fund in August.
1Password alters leadership with David Faugno appointed co-CEO alongside Jeff Shiner
Faugno was tapped to serve as the company’s first-ever president and COO last year.
Neo Financial’s $360-million Series D features big names, unanswered questions
Shopify, Slack, PointClickCare, Roblox founders back FinTech scaleup in down round led by unnamed Chinese investor.
Addressing Canada’s speed of financial innovation
Koho, Borrowell, Manzil—plus the Department of Finance—talk product velocity, risks & opportunity.
Aron Levitz named co-president of Wattpad as #CDNtech executive turnover continues through the fall
Geordie Rose leaves CEO role at Sanctuary AI, becoming the second co-founder to depart this year.
WonderFi CEO Dean Skurka kidnapped, released after reportedly paying $1-million ransom
WonderFi says it is providing “full cooperation to the Toronto Police Service on this active investigation.”
MedEssist offers pharmacists medication delivery through new partnership with Uber Direct
New integration is expected to let community pharmacies across North America outsource medication delivery.
Neo Financial snags top spot on Deloitte’s 2024 Technology Fast 50
This year’s winners achieved an average three-year revenue growth of 3,559 percent.
Manzil acquires Aghaz to expand Halal financial solutions to the United States
Deal includes Aghaz’s platform and status as a Registered Investment Advisor with the SEC.
Founders of Sysomos, Aislelabs find traction bringing their AI research to AEC
Workorb secures $2.6 million CAD to advance AI in architecture, engineering, construction sectors.
Shopify alums secure $7-million CAD seed round for AI mobile commerce platform Reactiv
Despite commitment to build in Canada, Reactiv chose more “ambitious” US-based investors.
Father-son Schwartz duo team up with FinTech founders to launch Exit North Ventures
Leaders of Canadian Fintech, CLA, Financeit, LendCare, others look to back FinTech startups with $20-million fund.
Alexis Ohanian and Matt Damon can help Xatoms clean water around the world
Diana Virgovicova explains how she’s using quantum chemistry, grants, and celebrity to solve a global problem.
Mave reveals $2 million CAD in pre-seed funding following beta launch of real estate AI assistant
Startup wants to reduce the hours agents and brokers spend on administrative tasks.