Following $61 million TSX IPO, Propel Holdings eyes US expansion
Toronto-based FinTech startup Propel Holdings closed its IPO on the Toronto Stock Exchange, raising $61 million. The shares…
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Wisely acquires Hopeful to create AI-powered fundraising powerhouse
Two Canadian startups specializing in AI-based fundraising for nonprofits have joined forces: Wisely has acquired Hopeful Inc.…
CapIntel signs partnership with IG Wealth Management
CapIntel, which provides a management platform for wealth management firms, has penned a partnership deal with IG Wealth Management,…
Steadiwear raises $1.1 million CAD to fuel launch of glove designed to combat hand tremors
Toronto-based healthtech startup Steadiwear has secured $1.1 million CAD ($900,000 USD) in seed financing to support the manufacturing…
Hoot Reading secures investment from new $100 million Spin Master venture fund
Winnipeg-based EdTech startup Hoot Reading has raised $3 million CAD in seed financing to fuel the expansion of its online…
Online vehicle auction marketplace E Automotive revs up IPO plans
E Automotive, an online vehicle auction marketplace, is planning to go public on the Toronto Stock Exchange. The company has…
Following refocus and rebrand, Lydia AI secures $10 million CAD to make health insurance more inclusive
Insurtech startup Lydia AI has raised $10 million CAD ($8 million USD) to launch the first series of insurance products using…
Bedrock AI receives $1 million to extract hidden information from financial documents
Bedrock AI is on solid footing after obtaining a $1 million seed round that closed in mid-September. Investors in the AI company…
Tokens.com purchases 50 percent of virtual real estate group Metaverse
Canadian cryptocurrency startup Tokens.com has closed its acquisition of a 50 percent stake in Metaverse Group for $1.68 million…
Twitter eyes Canada as product launchpad amid developer hiring spree
Throughout 2021, scores of global tech companies have signalled their intentions to grow their presence in Canada. Among these…
FinTech startup Propel Holdings aims to raise $60 million in TSX IPO
Toronto-based FinTech startup Propel Holdings is launching an Initial Public Offering (IPO) on the Toronto Stock Exchange,…
LifeSpeak to acquire ALAViDA, extending solutions to address substance use
LifeSpeak, a Toronto-based employee wellness software company, has entered into an agreement to acquire ALAViDA for $12 million,…
Thomson Reuters launches $100 million corporate venture capital fund
Thomson Reuters has unveiled a new, $100 million USD corporate venture capital fund, through which it intends to back innovative…
Freshii inks deal to acquire Natura Market
Freshii is set to acquire a majority stake in Natura Market for $5.7 million CAD. In this deal, Freshii has agreed to acquire…
In its goal to modernize trucking operations, Rose Rocket raises $31 million CAD
Rose Rocket, a Toronto-based SaaS provider of transportation management software (TMS), has raised $31 million CAD ($25 million…