DEALS
Tofu Technologies secures $1.2M pre-seed financing
Jason Zoltak and Jonathan Perez founded Tofu Technologies secured $1.2M pre-seed funding led by Night Capital with participation of Ritual Capital, Garage Capital, Wayfinder Ventures, Deva Santiago, and others.
Read moreFairstone Bank to acquire Home Trust Company
Fairstone Bank to acquire Home Trust Company. Stephen Smith’s Smith Financial Corporation will own a majority interest in combined entity. Fairstone Bank’s current shareholders, Centerbridge Partners, L.P., Ontario Teachers’ Pension Plan Board and management, will continue as minority shareholders.
Read moreRails secures $6.2M seed financing
Satraj Bambra and Megha Bambra led Rails secured $6.2M seed funding from Slow Ventures, CMCC Global, Round13 Capital, and Quantstamp.
Read moreFUnDS/FiRMS
PEOPLE
Jake Lawrence joins Power Corporation as EVP & CFO
Power Corporation hired Jake Lawrence, CEO and Group Head of Global Banking and Markets at Scotiabank, as EVP & CFO, effective March 18, 2024. Scotiabank moved Lawrence into Strategic Advisor role and Michael Kruse and Paul Scurfield take on expanded roles.
Canada US/International
US/INternational deals/funds
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super{set} closes US $90M Fund II
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Exoès secures €35m financing