A recent Washington Post article recapped this year’s edition of Y Combinator’s Demo Day. The annual event, led by one of North America’s best-known incubators, never fails to draw international attention. This year’s version was no exception, and could be a sign of the future of pitch days for startups. Historically after Demo Day, startups […]
In an exciting development for Alberta-based startups and small businesses, the Alberta Securities Commission has adopted a new rule – Prospectus Exemptions for Start-up Businesses (ASC Rule 45-517). The rule is designed to streamline small, local investment rounds for startups and high-growth companies, while still providing appropriate levels of investor protection. The issuer cannot be […]
In another Toronto startup success story, Internet of Things retailer Ecobee recently closed a $35 million funding round. Lead investors include Amazon, Thomvest and Relay Ventures. The investment will support the development of the Ecobee3 smart thermostat, a Wi-Fi-enabled device with remote sensors. Notably, this financing represents the single largest investment yet from Amazon’s $100-million […]
Brandon Corman, Managing Director of Maple Leaf Angels, appeared on Bloomberg North to talk about the organization’s commitment to making investment decisions within 48 hours. Brandon discusses with Amber Mac and Anthony Lacavera whether this cuts the due diligence process too short. To view the video clip, click here.