Vertu Capital closes first private equity fund with over $300 million
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Vertu Capital closes first private equity fund with over $300 million

Led by ex-OMERS veteran Lisa Melchior, Vertu is Canada’s first woman-founded PE firm. Toronto-based private equity firm Vertu Capital has announced the close of…

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Image of Fei Fei Li
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A|I: The AI Times – Meet Google’s answer to ChatGPT

Plus: Shopify dabbles in AI, Radical adds Fei-Fei Li. The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data,…

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Ssense storefront
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R|T: The Retail Times – Ssense failed to notify government of its cyberattack

Plus: eBay to lay off 4 percent of work force. The Retail Times is a weekly newsletter covering retail tech news from Canada and…

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Jobber closes $100 million USD Series D amid strong demand for home services BetaKit
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Canadian startup news of the week (2/12/23)

Plus: Fight brews over Magnet Forensics’ proposed $1.8 billion acquisition. Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s…

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CIBC
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Mark Usher named CIBC Innovation Banking lead after Mark McQueen announces departure

Usher follows in footsteps of former Wellington Financial colleague Mark McQueen, who is leaving for other endeavors. CIBC Innovation Banking has announced that Mark…

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Mark McQueen CIBC Innovation Banking
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Canadian startup news of the week (2/5/23)

Plus: Raven Indigenous Capital Partners closes second fund. Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important…

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Mark McQueen CIBC Innovation Banking
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CIBC Innovation Banking president Mark McQueen resigns

McQueen joined CIBC through its acquisition of Wellington Financial in 2018. Mark McQueen has resigned from his role as president and executive managing director…

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As other lenders collapse, Ledn bets conservative approach will help startup survive crypto winter
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F|T: The FinTech Times – Vitalik Buterin at the crypto cabana

Plus: Biggest Africa Startup Battles Multiple Allegations in IPO Runup. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from…

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CIBC latest Big Six bank to partner with a FinTech on private open banking API
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CIBC latest Big Six bank to partner with a FinTech on private open banking API

CIBC pens data access agreement with Utah-based MX. The Canadian Imperial Bank of Commerce (CIBC) has entered a data access agreement with Utah-based FinTech…

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Deven Parekh
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Why VC Deven Parekh doesn’t mind “overpaying” for a good deal

Insight Partners VC values growth sustainability over price. Deven Parekh has been a venture capitalist for over twenty years with Insight Partners, investing in…

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