Bonsai lays off a third of employees shortly after $21 million Series A, citing shift to growth strategy
CEO says the move is about restructuring to focus on customer acquisition.
Toronto
Think Research to continue acquisition spree with new $25 million credit facility
Think Research has been actively purchasing companies since its TSXV debut.
Former Shopify CTO Jean-Michel Lemieux joins BenchSci advisory board
BenchSci is on a mission to re-imagine biomedical research through AI.
OneVest secures $5 million to help companies like Neo Financial launch wealth management products
CEO: “What Stripe has done for payments, we’re doing for wealth.”
TD chief AI officer, CDL-Toronto lead team up with health expert for new healthtech startup, Signal 1
Signal 1 secured $12.7 million from Geoffrey Hinton, former Rogers CEO, others.
Brim co-founder raises $10 million for new “smart card” startup Savvii
A new, but familiar player has entered the Canadian consumer cards game.
Amid WonderFi deal, Coinberry reaches settlement in Cinaport lawsuit following failed TSXV takeover
Cinaport to receive 3.1 million common shares in WonderFi.
Canvass Analytics secures $5.7 million from federal government to double Toronto workforce
Canvass’ no-code platform lets manufacturers predict the future.
Venus Williams to headline Elevate, Startupfest shares lineup as both tech events prep for in-person 2022 returns
Waabi founder among Elevate’s speakers, while Startupfest’s lineup includes Phoenix Fire co-founders, Paper CEO.
Shopify makes strategic investment in US AI recommendation startup Crossing Minds
Crossing Minds plots Canadian expansion with new Toronto office.
How Lending Loop pivoted from peer-to-peer lending to a cross-border banking platform for e-commerce
Loop’s focus on cross-border payments puts it in stark contrast to the competition.
QuadFi inks agreement for up to $127 million CAD to provide loans to underserved individuals
QuadFi targets young people, immigrants, and others with a “thin credit history but bright prospects.”
Thentia secures additional $10 million from BDC Capital, opens HQ in Oklahoma
Thentia finds a sweet home in Oklahoma.
CFO behind Q4 Inc. IPO, Ryan Levenberg, steps down
COO Donna de Winter will assume the role of interim CFO.
Vetster raises $30 million in Series B, partners with investor Pet Meds
Vetster puts its paws on a new partnership.