Virtuo 2023
Posted in General

Aiming for cash-flow positive in 2024, Virtuo targets North American expansion with 2023 funding

Calgary-based proptech startup raised $3.5 million in seed financing in March. Having secured funding earlier this year, Calgary-based Virtuo is now poised to expand…

Continue Reading Aiming for cash-flow positive in 2024, Virtuo targets North American expansion with 2023 funding
proptech
Posted in General

Real estate investment startup Willow.ca acquired by rental platform Guiker

Majority of Willow’s team “offboarded” prior to acquisition, CEO to join Guiker. Toronto-based proptech startup Willow.ca, which offers a fractional real estate investment platform,…

Continue Reading Real estate investment startup Willow.ca acquired by rental platform Guiker
Brickeye secures $5 million CAD in convertible debt round with participation from BDC and Graphite Ventures
Posted in General

Brickeye secures $5 million CAD in convertible debt round with participation from BDC and Graphite Ventures

Brickeye provides construction companies with job site monitoring, analytics, and smart automations. Toronto-based Brickeye, a construction-focused internet of things (IoT) and data analytics company,…

Continue Reading Brickeye secures $5 million CAD in convertible debt round with participation from BDC and Graphite Ventures
promise robotics
Posted in General

Promise Robotics nets $20.8-million CAD Series A to speed up home building with robots

The startup turns standard industrial robots into plug-and-play homebuilding systems. Toronto-based proptech startup Promise Robotics has closed $20.8 million CAD ($15 million USD) in…

Continue Reading Promise Robotics nets $20.8-million CAD Series A to speed up home building with robots
BDC Capital recommits to leading seed deals in startups across Canada with new $50-million fund
Posted in General

BDC Capital recommits to leading seed deals in startups across Canada with new $50-million fund

VCs applaud BDC’s commitment to direct seed funding, ask for more emerging manager support. The Business Development Bank of Canada (BDC) has launched a…

Continue Reading BDC Capital recommits to leading seed deals in startups across Canada with new $50-million fund
Properly secures $36 million CAD, pulls back on geographic expansion plans as Canadian housing market cools
Posted in General

Pine acquires Properly to capture more of the Canadian home-buying process

Digital mortgage firm aims to build the former proptech into Canada’s top real estate website. Pine has acquired fellow Toronto-based tech startup Properly, including…

Continue Reading Pine acquires Properly to capture more of the Canadian home-buying process
Sold sign in front of a house
Posted in General

Properly founders exit as company and tech are sold in separate transactions

America real-estate giant Compass buys out Properly founders; unnamed Canadian firm acquires brokerage. Toronto-based proptech startup Properly has been acquired, after its founders announced…

Continue Reading Properly founders exit as company and tech are sold in separate transactions
apartment blocks in toronto in march 2020
Posted in General

Andorix receives $54.3 million CAD in debt, equity for in-building digital infrastructure

The Toronto-based startup aims to help systems like HVAC, Wi-Fi, lighting, and elevators work together on one network. Andorix, a Toronto-based startup that creates…

Continue Reading Andorix receives $54.3 million CAD in debt, equity for in-building digital infrastructure
Gambit Partners aims to take some of the risk out of early-stage investing by leaning on its LPs
Posted in General

Gambit Partners aims to take some of the risk out of early-stage investing by leaning on its LPs

Led by Relay Ventures and VTS VPs, $2-million VC fund looks to leverage its LP battalion of Canadian tech operators. Toronto-based venture capital (VC)…

Continue Reading Gambit Partners aims to take some of the risk out of early-stage investing by leaning on its LPs
SingleKey acquires competitor Naborly to take the risk out of renting |
Posted in General

Nova Scotia government invests $1.3 million in home-sharing platform Happipad

Province estimates 130,000 vacancies could potentially be filled through the partnership. Nova Scotia’s partnership with a national online home-sharing platform has expanded to help…

Continue Reading Nova Scotia government invests $1.3 million in home-sharing platform Happipad