Toronto venture funding plunged to a near two-year low in third quarter of 2022
Amid uncertain climate, investors favour tending existing crops over sowing new seeds.
Toronto
Super Advisor secures $2 million to give financial advisors independence
Rhino Ventures-backed Super Advisor wants to help financial advisors strike out on their own.
DMZ reopens New York City office as it continues international expansion
Executive director: “We’re eager to keep growing the DMZ’s international presence.”
SingleKey acquires competitor Naborly to take the risk out of renting
The deal stands to triple SingleKey’s user base.
Wealthsimple first FinTech startup approved by Bank of Canada for direct settlement
The approval will give Wealthsimple direct access to Real-Time Rail.
Mortgage startup Perch raises $4 million with continued backing from venture arm of National Association of Realtors
Perch wants to use data to change mortgages and real estate.
ChainSafe closes $25.7 million CAD Series A to build blockchain-agnostic Web3 tools
COO: fundraising in current market “separates the true builders from the noise.”
Amid questions on progress, Canada’s open banking lead says implementation “absolutely” remains on track
Abraham Tachjian says 2021 open banking report is his “roadmap.”
NorthOne raises $92.1 million CAD to build new working capital, credit products
Toronto-founded NorthOne moved its HQ to New York to serve its American client base.
MaRS hosting seven UK startups in manufacturing incubation program
The program helps UK ventures gain better understanding of North American needs.
CareerBeacon acquires employer branding platform provider Ruutly
Ruutly founder and CEO will become CareerBeacon’s head of product.
Parity raises $8 million to target wasteful emissions in buildings
New legislation fighting climate change in US could benefit Parity.
RBC continues healthcare strategy with MDBilling acquisition
MDBilling builds on RBC’s purchase of Dr.Bill in 2020.
Crypto lending startup Ledn to acquire Arxnovum to expand into asset investments
The transaction is expected to close in the fourth quarter of this year.
L-SPARK selects six startups for latest B2B SaaS accelerator cohort
Cohort participants’ tech range from identity verification to same-day delivery management.