BKR Capital secures additional $4.5 million, announces first four investments in Black-founded tech startups
The fund backs Black-founded Canadian tech firms at the seed stage.
S|W: The SaaS Weekly – The market is so volatile, WeTransfer says IP-‘no’
Plus: Clio alum launches legaltech startup Lawbrokr to match consumers with lawyers.
RenoRun closes $181 million CAD Series B to fuel Canada, US expansion
RenoRun is building a vertically-integrated “one-stop shop” for construction materials.
Fyyne launches platform with pre-seed funding to address Black hair care accessibility
Fyyne plans to build all the tools that Black hairstylists need to run their businesses.
F|T: The FinTech Times – Bench’s CEO gets benched
Plus: Wealthsimple founder says Canada should ‘plant a flag’ in crypto.
Canadian startup news of the week (1/30/22)
Why Canadian tech is finally accessing the global talent market.
H|T: The Healthtech Times – A bumpy ride for Peloton
Plus: Zymeworks stock hits three-year low.
MintList secures $2.76 million to fuel growth of online auto sales platform
The BC startup wants to capture a slice of the hot used car market.
R|T: The Retail Times – Shopify’s sinking shares
Plus: What Sonder can teach the hospitality industry.
Michael Hyatt joins Northleaf Capital Partners as senior advisor
Hyatt will advise Northleaf’s VC and growth equity program.
A|I: The AI Times – Machine learning at a high Amplitude
Plus: Assessing Canada’s national AI strategy.
S|W: The SaaS Weekly – 1Password goes Hollywood
Plus: Microsoft inks deal to acquire Activision Blizzard.
OMERS Ventures reinvests in Deliverect as part of $150 million USD Series D round
The Belgian firm with Canadian roots now has a $1.4 billion valuation.
Ramen Ventures announces angel fund is winding down
The ex-Shopify leaders plan to “go back to building.”
Three Canadian regions ranked among the best global cleantech ecosystems by Startup Genome
Toronto-Waterloo ranked best cleantech ecosystem in Canada.