MinuteBox scores $5 million CAD to accelerate growth of its legaltech solution
Lawyer-led MinuteBox helps law firms manage their operations.
Toronto
Creative Destruction Lab’s space stream goes global, expands to Atlanta, Paris
“This means twice the potential, and twice the possibilities for participating ventures.”
Walmart launches global tech hub in Toronto, plans to hire hundreds
The initial hiring phase for Toronto includes 45 full-time roles.
Microsoft leads MedMe’s $3.4 million CAD seed round to help pharmacies expand beyond retail
Microsoft’s VC arm buys into MedMe’s vision to turn pharmacies into community health hubs.
Wisedocs closes $4.1 million to bring medical document analysis to “entire” insurance ecosystem
Wisedocs’ “bread and butter” is helping insurance orgs work with medical records.
Scribble Data closes $2.2 million to help data science teams train machine learning models
Scribble Data aims to dip into Toronto’s machine learning talent pool.
HubSpot opens first Canadian office in Toronto
HubSpot aims to add over 50 employees in Ontario.
Corl secures $20 million in USD stablecoin for its revenue-based financing model
Digital assets backed by real-world commercial agreements will offset volatility, companies claim.
American proptech startup Alfred opening Canadian HQ in Toronto
Alfred arrives with up to $75 million USD for staffing up, new acquisitions.
Phoenix Fire launches angel fund focused on women entrepreneurs
“We need to make sure that everybody has a seat at the table.”
Market watch: Nuvei, VerticalScope, Magnet Forensics
Nuvei posts strong Q4, 2021 earnings as VerticalScope, Magnet see mixed results.
UofT spinout Halt AI launches tool to measure brands’ diversity across social media
Halt AI’s co-founders previously worked at AR beauty tech firm ModiFace.
Portage Ventures closes $788.5 million CAD for third FinTech fund
Portage claims the early stage FinTech fund is one of the largest in the world.
Bioscience startup Mikra secures $8.5 million CAD to launch its nutraceutical gel
Mikra claims its product will help boost energy and mental focus on a cellular level.
Somm acquires last-minute restaurant reservation app Dinr to move beyond wine recommendation
Somm describes Dinr deal as “part of a bigger vision” for the wine-focused startup.