Five Canadian startups named to CB Insights’ 2021 AI 100 list
Five Canadian artificial intelligence (AI) startups have made CB Insights’ fifth annual AI 100 list, which aims to highlight…
Toronto
Brim Financial, Canadian Western Bank partner to launch FinTech platform, consumer credit cards
Following its $25 million CAD Series B round last month, Toronto-based FinTech startup Brim Financial has teamed up with Canadian…
Inovia, Shopify back delivery startup Swyft in $22 million Series A round
Swyft, a Toronto-based digital logistics startup, has raised $22 million CAD ($17.5 million USD) in Series A funding in a round…
One year after raising seed round, PolicyMe launches digital life insurance product
PolicyMe, an insurtech startup based in Toronto, has officially launched its new digital insurance product, which allows Canadians…
Playmaker Capital closes $24 million private placement, plans to go public on TSXV
Toronto-based digital sports media company Playmaker Capital has raised $24 million in financing via private placement, as…
Payfare’s IPO reaches $75.2 million following exercise of over-allotment option
Toronto FinTech startup Payfare’s initial public offering (IPO) has increased to $75.2 million following an over-allotment…
Pascal Siakam to help Toronto kids learn to code with new training program
Toronto Raptors star Pascal Siakam’s PS43 Foundation has launched a new youth-based initiative designed to address the digital…
As virtual operations break down geographic barriers, Techstars Toronto doubles down on international startups in 2021 cohort
Global accelerator Techstars Toronto has revealed the 10 companies joining its 2021 accelerator cohort. Of the 10 companies…
Today in funding: Audioptics Medical, VidDay, Paidiem, Classcraft, Delta, more
Seven Canadian startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on who raised,…
Federal government looks to prop up Toronto tech ecosystem with $14.6 million in loans for six companies
Six tech companies based in Toronto are receiving a cumulative $14.6 million in loans from the federal government. The loans…
Top Hat co-founder Mike Silagadze joins Ripple Ventures as venture partner
Less than a month after stepping down as founding CEO of Toronto-based EdTech startup Top Hat, Mike Silagadze has joined Ripple…
Second Closet secures $20 million as it shifts focus away from self-storage towards B2B third-party logistics
With new financing, Second Closet is shifting away from consumer self-storage to focus on fulfillment and last-mile logistics…
Reddit sets up first Canadian office in Toronto
Reddit is setting up an office in Toronto, representing the social media giant’s first physical Canadian location. According…
Online car retailer Clutch secures $60 million
Toronto-based AutoTech startup Clutch has raised $60 million in financing to continue with the expansion of its online car…
Silicon Valley Bank grows Canadian team with promotion, two new hires
Silicon Valley Bank (SVB) has added two new directors to its Canadian team and promoted another, as the commercial bank looks…