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With a revamped team and renewed focus on its core business, Prodigy Education co-founder and co-CEO Rohan Mahimker says the EdTech firm is ready to grow again.
More Canadian technology startups have made the difficult decision to cut costs or close down amid a sector-wide downturn.
Georgian closes $1.02 billion USD alignment fund Toronto venture capital firm Georgian Partners has closed its new Alignment Fund I, pulling in $1.02 billion USD. As reported by BetaKit in February, SEC filings made just before the end of 2020 indicated the launch of the new fund. The $1.02 billion recently closed and was raised as a special purpose vehicle with a mandate to invest in existing Georgian portfolio companies, according to The Globe and Mail. Georgian confirmed the close of the fund to BetaKit, noting it took place in late March. The report indicated Georgian plan...