As Naver closes $754 million CAD acquisition of Wattpad, Allen Lau is looking to scale
South Korean internet company Naver Corp. has officially acquired Wattpad for more than $754 million CAD ($600 million USD).…
Toronto
Following pandemic hit, ChefHero rebrands, refocuses to early success
Toronto-based restaurant supply chain software startup ChefHero has officially rebranded to Notch after executing what it says…
Today in funding: Railz, Relay Platform, Ferme d’Hiver, Optable, interVal
Five Canadian tech startups have recently secured fresh funding to fuel their growth. Here’s the latest on who raised money,…
Bonfire, Curiato, FutureVault among latest Canadian startups to make CEO change up
Three Canadian technology startups have announced changes at the helm. Curiato, FutureVault, and Bonfire Interactive each recently…
Ada secures $130 million USD, claims $1.2 billion valuation
Toronto artificial intelligence (AI)-powered customer support software startup Ada has raised $130 million USD in Series C…
Governor General’s Innovation Award winners include leaders of Swift Medical, Adaptiiv
The Rideau Hall Foundation has announced the 2021 winners of the Governor General’s Innovation Awards. This year, six individuals…
eStruxture secures $600 million to fund Aptum acquisition, “fast-track” Canadian expansion
Montréal-based eStruxture has received over $600 million CAD to fund the growth of its data centre business. The funding comes…
Information Venture Partners closes third fund, raising $124 million CAD
Toronto-based venture capital firm Information Venture Partners (Information VP) has closed its third venture fund, securing…
Toronto became a healthtech hotbed in 2020
Healthtech has emerged as a leading vertical for venture capital investment in the Greater Toronto Area (GTA) as COVID-19 pushed…
Thentia secures $10 million in Series B financing to ramp up US operations
Toronto-based government software startup Thentia has closed a $10 million CAD Series B round led by New York growth equity…
Willful signs partnership with insurance giant Allstate following launch in Québec
Toronto-based Willful, which offers online will and estate planning, has launched a new national partnership with Allstate…
Fluence Technologies raises $12.5 million CAD, swaps CEOs to fuel next phase of growth
Toronto FinTech software startup Fluence Technologies has closed a $12.5 million CAD ($10 million USD) Series A round from…
Today in acquisitions: Khure Health, TechX Technologies, Nolk, WorldReach Software, BuzzBuzzHome, Zorbit’s Math
Six Canadian tech companies have recently made acquisitions or have been acquired, including Khure Health, TechX Technologies,…
Today in funding: Botpress, Sherpa, Kinetyx, Realize Medical, G2V Optics, Solvera Solutions
Six Canadian startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on who raised,…
Wealthsimple secures $750 million CAD, claims $5 billion valuation
Wealthsimple has raised a $750 million CAD financing round as the FinTech company looks to expand its market position and continue…