AI startup Ada cuts 16 percent of its workforce
CEO cites tightening economy as Ada cuts 78 positions.
Toronto
RBCx and RBC Ventures merge
New entity will support founders across banking, capital, platform, and ventures.
Following record growth amid downturn, FrontFundr launches its own fundraising campaign on FrontFundr
FrontFundr has helped startups close $140 million across 100 campaigns.
DealMaker takes over FundAmerica book of business from Prime Trust
DealMaker CEO says deal doubles its client base.
PolicyMe reveals $18 million in Series A financing to tackle Canadian insurance market
Backed by industry players, PolicyMe aims to expand beyond selling just life insurance and D2C.
Right-wing video site Rumble begins trading on Nasdaq via SPAC deal
The Toronto video-sharing platform attracts an audience of mostly right-leaning viewers.
With backing from celebrity investors and mortgage lenders, Verifast wants to improve identity, financial verification
Verifast recently closed a $3.5 million seed round.
Exploring the city Google couldnât buy
Josh O’Kane’s new book unpacks the Toronto boondoggle that captured the world’s attention.
Composer secures $6 million USD to help retail investors adopt sophisticated trading strategies
Despite market downturn, Composer has seen trading volume, AUM grow.
GrowerIQ closes $3 million seed round to help cannabis producers stay compliant
Cannabis ERP platform sees room to help growers meet âhighâ regulatory burden.
Panache closes $100 million for second fund as firm doubles down on seed-stage startups
Early-stage firm says thereâs a âgood possibilityâ Fund II will grow.
Led by ex-Vidyard employees, HyperComply wants to get rid of security questionnaires
After closing $6.4 million USD in January, HyperComply launched a product to automate due diligence.
Meet the five Canadian startups participating in Y Combinatorâs Summer 2022 Demo Day
Smallest #CDNtech group since Winter 2019 features four Toronto companies and one from Edmonton.
FreshBooks appoints Wayne Jackson as CFO to support global expansion, M&A plans
FreshBooks aims to tap Jacksonâs acquisition and public markets experience.
Telus acquires TSX-listed HR tech firm LifeWorks for $2.3 billion CAD
Telus acquires LifeWorks to bolster its employee wellness solutions.