News Summary

Toronto-based Amplify Capital has welcomed Craig Hunter as a partner while advancing its third impact-focused fund, which has closed about 70 percent of its target. Hunter, a serial tech executive with a robust background in startups and angel investing, joins after the departure of partner Daniel Armali. Amplify, which spun out of MaRS Discovery District in 2019, focuses on early-stage Canadian healthtech, edtech, and cleantech startups. Fund III, supported by the federal government and Toronto-based Realize Capital Partners, aims to invest in pre-seed, seed, and Series A rounds across North America, with a significant focus on climate tech startups in Canada.