Toronto’s Drop Technologies Inc. announced today its acquisition of Canopy Labs, a YC-backed predictive analytics software company focused on improving and optimizing its clients’ customer journeys. [Read more…] about Drop Acquires Artificial Intelligence Company Canopy Labs
Mobeewave Closes US$16.5 Million Round Led by Mastercard
Montreal’s Mobeewave has announced that it has closed a US $16.5 million Series B round of funding led by NewAlpha Asset Management, Mastercard and Forestay Capital.
[Read more…] about Mobeewave Closes US$16.5 Million Round Led by Mastercard
Purpose Financial Invests $10 Million in Ario’s Banking-as-a-Service Technology
Toronto’s Ario has announced a $10 million investment from Purpose Financial LP to expand its banking-as-a-service technology platform supporting small- and medium-sized enterprises. [Read more…] about Purpose Financial Invests $10 Million in Ario’s Banking-as-a-Service Technology
Alate Partners to Invest $40 Million in PropTech Market
A new business focused on the property technology (proptech) market has launched today with $40 million in seed financing. [Read more…] about Alate Partners to Invest $40 Million in PropTech Market
Alexa, Ask ParkWhiz to Find Parking
ParkWhiz announced today that it added an additional $5 million in equity to its recently announced Series D financing, bringing the total funding round led by NewSpring Capital to $25 million. [Read more…] about Alexa, Ask ParkWhiz to Find Parking
Clearbanc Raises $70 Million to Fund Entrepreneurs
Toronto’s Clearbanc today announced it has closed a USD $70 million investment from a group of investors including Emergence Capital, Social Capital, CoVenture, Founders Fund, 8VC, iNovia Capital, Real Ventures, Portag3, Precursor, WTI, Berggruen, and FJ Labs. [Read more…] about Clearbanc Raises $70 Million to Fund Entrepreneurs
Canadian Bitcoin Mining Firm Hut 8 Sees Record High Revenue
Bitcoin mining company Hut 8 has reported record revenue for Q3 of 2018. [Read more…] about Canadian Bitcoin Mining Firm Hut 8 Sees Record High Revenue
Vancouver-based CryptoKitties maker Dapper Labs raises $15 Million
Tech giants are betting on CryptoKitties. [Read more…] about Vancouver-based CryptoKitties maker Dapper Labs raises $15 Million
Canada FinTech Forum Awards Four Startups Over $300K
Four Canadian startups won top honours at the FinTech Startup Pitch Contest, which took place during the 2018 Canada FinTech Forum in Montreal yesterday. [Read more…] about Canada FinTech Forum Awards Four Startups Over $300K
Portag3 Ventures Announces Initial Closing of Fund II
Portag3 Ventures today announced the initial closing of Portag3 Ventures II LP, its second fintech venture fund focused on early stage investments in the global financial technology sector. [Read more…] about Portag3 Ventures Announces Initial Closing of Fund II