Lumira Ventures latest Canadian VC to jump on SPAC trend in pursuit of US medtech firms
A newly formed special purpose acquisition company (SPAC) with executives from and backed by Canada’s Lumira Ventures set…
Toronto
Former CTO the latest Coinsquare exec to sue the crypto startup
Simon Palmer, who previously served as Coinsquare’s chief technology officer (CTO), has filed a lawsuit against the Toronto-based…
Propel closes over-allotment option, pulls in $70 million for public offering
Toronto-based FinTech startup Propel Holdings has closed its over-allotment option that generated gross proceeds of $9.1 million…
Q4 Inc. CEO downplays IPO concerns after going public, sets sights on M&A to fuel growth
Despite downsizing its offering and experiencing an underwhelming Toronto Stock Exchange (TSX) debut, Q4 Inc. is not deterred,…
CalendarHero parlays successful pivot into potent acquisition by Vendasta
Every startup is a complicated journey, and CalendarHero’s was seven years, including a name change and a pivot, but it’s…
Bridgit secures $24 million in funding; announces new C-suite hires
Bridgit, a Toronto-based SaaS startup, has raised $24 million CAD in its Series B financing round co-led by Camber Creek and…
Q4 Inc. makes TSX debut, joining growing wave of Canadian tech IPOs
Investor relations software firm Q4 Inc. has begun trading on the Toronto Stock Exchange (TSX). Q4 is listed on the TSX under…
In Q3, Toronto startups broke venture funding records… again
Toronto tech startups once again broke venture funding records, raising over $1.6 billion through 53 deals in Q3 2021, according…
Q4 Inc. reduces TSX IPO target following weaker than expected investor demand
Investor relations software provider Q4 Inc. has cut the size and pricing of its planned initial public offering (IPO) on the…
Despite COVID-19, Ontario AI ecosystem continues growth trajectory, report finds
The Vector Institute’s second annual snapshot of Ontario’s artificial intelligence (AI) sector has found that despite the…
Yoshua Bengio part of investors betting on Armilla AI to root out biases in machine learning
Armilla AI has launched with $1.5 million in pre-seed funding and the aim to ferret out and correct biased AI. Investors in…
Wealthsimple launches crypto investing for group retirement funds
Wealthsimple has launched a new cryptocurrency investment product, allowing for crypto investments through its group retirement…
Affinio to be acquired by NowVertical Group for $9 million CAD
NowVertical Group has signed a definitive agreement to acquire all issued and outstanding shares in Halifax-based marketing…
Penn National completes $2 billion acquisition of theScore
Pennsylvania-based Penn National Gaming, an operator of casinos and racetracks, has completed its acquisition of Score Media…
Former Twitter exec Kirstine Stewart joins Rivalry’s board of directors
Rivalry, a Toronto-based sports betting and media company, has announced that former Twitter executive Kirstine Stewart has…