Tag: inovia capital
Waterloo Region venture deal volume continued to slump in Q3 2022
Early-stage deals were nowhere to be found. So what comes next? With only three deals closed, venture deal volume in the Waterloo Region reached…
Led by ex-Vidyard employees, HyperComply wants to get rid of security questionnaires
After closing $6.4 million USD in January, HyperComply launched a product to automate due diligence. HyperComply co-founder and CEO Amar Chahal believes that “the…
AlayaCare lays off 14 percent of employees, slows M&A plans
AlayaCare’s CEO said startup’s revenue growth has not followed its “aggressive investment.” AlayaCare has laid off 80 employees, BetaKit has learned, joining a growing…
Following a record-setting first quarter, Québec venture funding eased up in Q2 2022
VCs are treading water as market tides change. Québec venture funding cooled off in the second quarter of 2022, and local stakeholders believe newly-enacted…
Inovia raises $420 million CAD for fifth early-stage venture fund
Inovia’s Shawn Abbott says it’s a great time to be a well-capitalized VC. Inovia Capital has secured $420 million CAD ($325 million USD) for…
Flare Systems eyes US expansion following $9.5 million Series A funding
Flare wants to offer enterprise-grade tools to mid-sized companies. Flare Systems has raised $9.5 million CAD in Series A funding to propel what the…
Haloo raises $2.9 million CAD to offer IP verification tech as solution for NFT theft, fraud
Haloo sees a rise in NFT-related applications for trademarks. Toronto-based startup Haloo (formerly Heirlume) has raised $2.9 million CAD ($2.3 million USD) in all-equity,…
Spare, Lyft partner to offer flexible transportation for transit agencies
Spare tested the service in Texas ahead of a broader roll out. Spare is expanding its mobility software platform for public transit, ride sharing,…
Certn raises $65.1 million CAD to scale background check tech beyond Canada
With fresh funds, Certn plans to hire 160 new roles this year. Victoria-based startup Certn has raised $65.1 million CAD ($50 million USD) in…
Tengiva closes $5 million to tackle supply chain issues in the textile industry
Montréal-based software startup Tengiva wants to help the textile sector modernize its supply chain operations. Tengiva claims to offer “the first digital supply chain…