Formaloo co founders
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Formaloo raises $2.9 million CAD to help businesses build apps without any code

The startup aims to ramp up marketing efforts in Canada. Formaloo, a startup dual headquartered in Canada and Estonia, has raised $2.9 million CAD…

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the user interface of Billi the budgeting app
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Banking apps Pillar and Billi shut down as funding dries up for FinTech businesses

Venture funding for FinTech startups in Canada plummeted by 70 percent in 2022. Two Canadian FinTech startups have ceased operations as funding continues to…

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LayerZero Labs
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LayerZero Labs raises $120 million at $3 billion valuation to enable more multi-blockchain apps

VCs continue to bet on long-term growth for crypto despite volatile market. Vancouver-based Web3 startup LayerZero Labs is now valued at $3 billion after…

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Grocery Store
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R|T: The Retail Times – Rapid grocery apps fail to deliver

Plus: Instacart Cuts Internal Valuation Third Time. The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe….

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abortion is healthcare
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H|T: The Healthtech Times – Period, fertility apps could be weaponized in post-Roe world

Plus: Judge rules Apple Watch infringed AliveCor’s ECG patent, setting up potential U.S. import ban. The Healthtech Times is a weekly newsletter covering healthtech…

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Mobile apps
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Parallelz raises $3 million to challenge how app stores deliver, distribute apps

Toronto-based startup Parallelz has raised $3.8 million CAD ($3 million USD) in all-equity pre-seed funding led by Maple VC general partner Andre Charoo. Global…

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Shopify mobile app
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Plobal Apps raises $8.5 million in Bessemer-led round to scale mobile ecommerce app for Shopify merchants

With $14 million in total funding, Plobal wants to go global. Toronto-based startup Plobal Apps has raised $8.5 million in what it classifies as…

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