Ecobee aims to leverage Generac’s energy products, global presence post-acquisition
Following Monday’s announcement that Ecobee is set to be acquired by Generac Holdings for up to $770 million USD, the startup’s…
Toronto
Irish FinTech startup Swoop lands in Canada ahead of open banking framework
An Irish FinTech company is confident enough in Canada’s commitment to moving ahead with open banking that it has decided…
US proptech Opendoor plots Canadian hiring expansion, aims to add 100 engineers
San Francisco-based real estate tech firm Opendoor is planning to hire around 100 product development engineers in Canada by…
Ecobee to be acquired by US-based Generac for $770 million
Wisconsin-based Generac Holdings is acquiring Toronto smart thermostat startup Ecobee for up to $770 million USD, contingent…
CoinSmart the latest Canadian crypto trading platform to receive exemption from regulators
Toronto-based cryptocurrency exchange CoinSmart has been exempted by regulators to operate as a restricted dealer under securities…
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…
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…