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.
Toronto
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.”
Pine comes out of stealth to build “Wealthsimple for home buying”
Pine has secured $27 million since it was founded in 2021.
Acquisitions drive revenues at Emerge Commerce and Plurilock Security
Both companies report revenue increases for the first quarter of 2022.
Lendified expressed doubts about moving forward as a company after posting first quarter loss
Lendified said it is running an accumulated deficit of $52.2 million.
Think Research sees 142 percent rise in Q1 revenue fuelled by acquisitions, “major contract wins”
Despite Omicron-related “setbacks,” Think Research sees strong Q1 revenue growth.
Able Innovations announces $7.5 million to take the pain out of patient transfer
Amid staffing shortages, Able aims to enable healthcare workers to “do more with less.”