TD chief AI officer, CDL-Toronto lead team up with health expert for new healthtech startup, Signal 1
Signal 1 secured $12.7 million from Geoffrey Hinton, former Rogers CEO, others.
Funding
Meet the Canadian marketing VCs that help vet Marc Andreessen’s memes
How Spacecadet is becoming the brand marketing, early-stage deal hunters for some of North America’s biggest VCs.
Brim co-founder raises $10 million for new “smart card” startup Savvii
A new, but familiar player has entered the Canadian consumer cards game.
Canvass Analytics secures $5.7 million from federal government to double Toronto workforce
Canvass’ no-code platform lets manufacturers predict the future.
Responsive receives $3.5 million in Co-operators-backed Series A round for US, Europe expansion
Co-operators joins Responsive’s board of directors.
Cycle Capital, Demeter announce new $244.5 million CAD cleantech fund
The Montréal and European investors are focused on mitigating climate change.
Shopify makes strategic investment in US AI recommendation startup Crossing Minds
Crossing Minds plots Canadian expansion with new Toronto office.
QuadFi inks agreement for up to $127 million CAD to provide loans to underserved individuals
QuadFi targets young people, immigrants, and others with a “thin credit history but bright prospects.”
Thentia secures additional $10 million from BDC Capital, opens HQ in Oklahoma
Thentia finds a sweet home in Oklahoma.
Microprinting tech firm VueReal closes $14.4 million Series B round
Economic Development Canada, BDC Capital’s Cleantech Practice invested in the round.
Vetster raises $30 million in Series B, partners with investor Pet Meds
Vetster puts its paws on a new partnership.
Telus backs new social impact fund focused on community safety and wellness in Edmonton
ScaleGood Fund to invest in grads of the Telus Community Safety and Wellness Accelerator.
Impression Ventures secures $64 million for fourth fund, continues to bet on seed-stage FinTech
Impression bet early on Wealthsimple and won. Now the firm wants to make bigger bets.
Requity Homes closes $1.2 million to expand rent-to-own home ownership model to Western Canada
Requity wants to apply what Divvy Homes and Landis are doing in the US to Canada.
Emma closes $6 million Series A to take online insurance products across Canada
When Emma expanded from a broker to building its own insurance products, “everything started clicking.”