Montréal-based venture builder and investor Diagram Ventures has launched a ClimateTech Fund, securing nearly $50 million CAD as part of its initial closing.
Venture funding in Toronto and the Waterloo Region saw a sluggish start to 2023, with startups raising less than eight percent of what was raised one year ago.
Ottawa-based Rewind has adjusted its fundraising plans and laid off about 27 percent of staff after seeing lower-than-anticipated growth, BetaKit has learned.