Radical Ventures raising new $550 million USD fund as AI sector heats up
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Canadian startup news of the week (12/15/22)

Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features, and editorials published on BetaKit. If…

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Sold sign in front of a house
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Properly pivots away from home sale guarantee as real estate market dips

Company attributes shift to “unprecedented volatility in the Canadian housing market.” Real estate tech startup Properly has switched up its business model, moving away…

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Hopper closes $96 million USD from Capital One at more than $5 billion valuation
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S|W: The SaaS Weekly – Nobul, Hopper top Deloitte Canada’s Fast 50

The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the form at…

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Wiseday enters Canada’s digital mortgage space with “instant” pre-approval process
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Wiseday enters Canada’s digital mortgage space with “instant” pre-approval process

Wiseday is led by RenoRun, Hopper, Ssense, and Nesto alumni. Steered by a founding team with past experience working at a slew of prominent…

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F|T: The FinTech Times – Klarna slows expansion, Ripple targets the EU

Plus: Canadian tech layoffs continue. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you…

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Properly secures $36 million CAD, pulls back on geographic expansion plans as Canadian housing market cools
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Canadian tech layoffs continue as tough year comes to a close

Properly, TealBook, D2L, League among latest firms to cut staff amid economic downturn. At least another 10 Canadian tech firms have recently laid off…

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Toronto venture funding plunged to a two-year low in third quarter of 2022

Amid uncertain climate, investors favour tending existing crops over sowing new seeds. Despite a season filled with storms, summer 2022 was particularly dry for…

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Properly secures $36 million CAD, pulls back on geographic expansion plans as Canadian housing market cools
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Properly secures $36 million CAD, pulls back on geographic expansion plans as Canadian housing market cools

Provincial expansions across BC, Ontario, and Québec have been pinned in favour of focus on Toronto and Vancouver. Toronto-based proptech startup Properly has raised…

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