Northside Ventures closes first early-stage VC fund at $15 million CAD
This emerging manager just met his target amid one of the worst fundraising environments in a decade.
Round13, Nvidia-backed Wombo announces $12.2-million CAD to launch more generative AI apps
After surviving collapsed fundraise and class-action, Wombo contends with copyright concerns as it funds for growth.
Executive director Michael Buhr wants C100 to help Canadian tech startups scale
C100 announces 38 Canadian tech firms in new growth and latest early-stage cohorts.
Sagard hires Georgian’s Parinaz Sobhani as investment firm’s first head of AI
Alternative asset manager bets AI will play a big role in investing over the next decade.
Hardbacon to file for bankruptcy after Google search changes crush affiliate business
CEO says Google’s algorithm updates decimated SEO-reliant financial product referral revenue.
Viggle AI closes $26-million CAD Series A to expand AI-powered video generator
Toronto startup behind viral Lil Yachty walkout meme fuels up to build on its growth.
Sonder inks Marriott licensing deal, secures additional liquidity amid continued challenges
Canadian-founded short-term rental firm expects to benefit from Marriott’s distribution.
Knox Custody founders close $1.8 million CAD to launch borderless Bitcoin payments with Tmrw
Maple VC-backed, Canadian-founded startup is targeting the Caribbean market to start.
Social Finance Fund-backed Boann reveals first investments in Canadian impact funds
Portfolio includes Active Impact, BKR, Cycle H2O, InvestEco, Raven, Renewal, Sandpiper, Spring, The51.
Radical Ventures launches $800-million USD AI growth fund
New fund marks Toronto-based Radical’s first that focuses on later-stage AI companies.
Canadian VC investment grows in Q2 but seed funding a cause for concern
CVCA report says PE stays hot as public Canadian tech firms keep going private.
Kraken appoints Alex Mehrdad as new leader of crypto exchange’s Canadian operations
Mehrdad succeeds Mark Greenberg, who was recently promoted to a new global role.
Power marks up value of stake in Wealthsimple for third consecutive quarter
Hike to $1.5 billion CAD reflects rise in public markets and Wealthsimple’s performance.
National Bank reinvests as Walnut secures $4.6 million to expand embedded insurance capabilities
Telus, Diagram, Portage back Toronto insurtech startup’s platform development plans.
Perceptive Space emerges from stealth with $3.9 million to help predict solar flares and other ‘space weather’
Toronto space tech startup aims to ensure safer satellite launches and operations.