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).…
Aaron Zifkin departing from role as Lyft Canada’s managing director
Aaron Zifkin, the managing director of Canada for Lyft, is set to leave the role at the end of May. Zifkin announced the move…
With new financing, Stoko wants to disrupt the knee brace industry with D2C product for athletes
A Vancouver-based startup working to disrupt the knee brace industry with a direct-to-consumer product developed using proprietary…
David Dufresne to depart Panache Ventures
David Dufresne has decided to step away from Montréal-based Panache Ventures, the early-stage venture firm he helped launch.…
Innovate Edmonton receives $5 million from City to support accelerators
City Council has approved $5 million in funding for Innovate Edmonton, meant to support and attract technology accelerators…
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…
With third managing partner and fresh funding, Maverix is ready to fill Canadian investment gap
John Ruffolo’s Maverix Private Equity has welcomed a new managing partner, Michael Wasserman, as the private equity (PE)…
Sonder to go public on NASDAQ through SPAC deal
Montréal-founded travel tech startup Sonder is set to go public on the NASDAQ through a merger deal with Gores Metropoulos…
Newton had an outage and now users are complaining their transactions are pending
Toronto-based cryptocurrency exchange Newton recently experienced an outage to its platform related to a cyberattack affecting…
Shopify sees 110 percent year-over-year revenue growth as e-commerce continues to boom amid pandemic
Shopify continued to see massive growth in the first quarter of 2021 with revenue, income and gross profit all significantly…
Vena raises $300 million from Vista Equity Partners
Financial planning startup Vena has raised $300 million CAD in Series C funding from Vista Equity Partners. The Series C round…
Legaltech startup Clio Canada’s latest unicorn following $136 million CAD Series E round
Cloud-based legal technology startup Clio is the latest company in Canada to reach unicorn status after securing a $136 million…
Thinkific pricing IPO at $13 per share to pull in $160 million
Thinkific has announced the official pricing of its initial public offering (IPO) for listing to the Toronto Stock Exchange…
Clearbanc rebrands, raises $350 million USD to provide full-stack founder support
With fresh capital and a new name, Clearbanc has moved beyond its investing roots to become a full-stack founder support platform.…
Federal government looks to “punch our way out of the COVID recession” with #Budget2021
The federal government has published its Budget 2021, which focuses on addressing the third wave of the pandemic and economic…