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How a Canadian car dealer discovered stolen cars were being sold out of his dealership

How a Canadian car dealer discovered stolen cars were being sold out of his dealership

CTV News6 hours ago

W5's John Woodward investigates the records of a dealership tied to selling $2.3M worth of cars that had allegedly been stolen and re-vinned.

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Fintech Ramp valued at US$16 billion in late-stage funding round
Fintech Ramp valued at US$16 billion in late-stage funding round

CTV News

time14 minutes ago

  • CTV News

Fintech Ramp valued at US$16 billion in late-stage funding round

A man holds a phone and a banking card in this undated stock image. (Mikhail Nilov/ Ramp was valued at US$16 billion in its latest funding round, the financial technology startup said on Tuesday, signaling renewed investor interest in financial platforms that offer digital and artificial intelligence-based services. The startup, which offers corporate cards, payment services and expense management applications, secured US$200 million in its series E round led by Founders Fund. The round also saw participation from other high-profile venture capital firms such as Thrive Capital, D1 Capital Partners, General Catalyst and GIC. After a years-long funding slump, fintech startups are attracting fresh interest from investors, buoyed by signs of stabilizing valuations, clearer regulatory signals and renewed demand for digital financial services. From payments to lending and crypto infrastructure, firms across the fintech sector are seeing a revival in venture funding rounds and strategic backers. But VC firms are cautious, limiting backing to select high-growth companies with clearer paths to scale and profitability. Ramp has also woven artificial intelligence into its services. The technology has emerged as a standout theme in Wall Street's tech investing this year. Founded in 2019, Ramp enables tens of billions in purchases annually and serves over 40,000 customers, from family farms to space startups, according to the company. Its customers include e-commerce platform Shopify, commercial real estate services and investment firm CBRE and defense technology company Anduril. Ramp says its products help businesses eliminate repetitive administrative tasks and operate more efficiently. The latest round brings Ramp's total equity financing to US$1.4 billion. Other investors in the latest fundraise included ICONIQ Growth, Khosla Ventures, Sands Capital, 8VC, and Lux Capital, among others. Global startup funding rose 17 per cent in the first quarter of 2025 from the previous quarter, and was up 54 per cent from a year earlier, according to data from Crunchbase. --- Reporting by Manya Saini in Bengaluru; Editing by Shilpi Majumdar and Leroy Leo

RCMP investigate fatal residential fire in Alton, N.S.
RCMP investigate fatal residential fire in Alton, N.S.

CTV News

time17 minutes ago

  • CTV News

RCMP investigate fatal residential fire in Alton, N.S.

A fire in Alton, N.S., is under investigation after human remains were found inside the home. Colchester County District RCMP, fire services and EHS responded to a structure fire on Alton Road on June 16 around 6:30 a.m., a news release said. When the RCMP arrived, the home was fully engulfed in flames. Once the fire was extinguished, human remains were located inside the home. At this time, the police are not treating the fire as suspicious. The investigation remains ongoing and is being assisted by the Nova Scotia Fire Marshal's Office and the Medical Examiner Service. For more Nova Scotia news, visit our dedicated provincial page

CLEAResult and Encentiv Energy Partner to Advance Utility Incentive Delivery for Commercial Customers
CLEAResult and Encentiv Energy Partner to Advance Utility Incentive Delivery for Commercial Customers

National Post

time25 minutes ago

  • National Post

CLEAResult and Encentiv Energy Partner to Advance Utility Incentive Delivery for Commercial Customers

Article content Article content AUSTIN, Texas — Today CLEAResult, North America's largest energy efficiency, energy transition and energy sustainability services provider, announced a new partnership with Encentiv Energy, the leading source of commercial and industrial (C&I) utility incentive data. This collaboration will make it easier than ever for commercial customers to access energy efficiency rebates and maximize their return on investment for capital improvement projects. Article content By integrating Encentiv Energy's comprehensive program data into CLEAResult's rebate aggregation services, commercial customers will now have access to a more streamlined, data-driven experience that simplifies the often-complex process of securing utility incentives. Article content 'This partnership is a natural extension of our mission to change the way people use energy,' said Rich McBee, CLEAResult CEO and President. 'By leveraging Encentiv's national database, we can offer a smarter, faster path for businesses looking to fund their energy-saving upgrades.' Article content While many commercial customers are aware of available utility incentives, there's a significant opportunity to increase participation by simplifying the application process and reducing administrative barriers. The partnership between CLEAResult and Encentiv Energy addresses this gap by combining industry-leading expertise in program implementation with robust incentive intelligence. Article content 'This collaboration marks a transformative step forward for the industry,' said Stephen Moritz, President and CEO of Encentiv Energy. 'By combining our real-time incentive intelligence with CLEAResult's proven implementation power, we're not just simplifying the rebate process — we're accelerating energy efficiency adoption at scale. Together, we're making it easier than ever for businesses to unlock meaningful savings and drive impactful sustainability outcomes.' Article content This partnership empowers C&I customers to make informed, data-backed decisions about which projects to prioritize, where to implement them and when to take action — ultimately improving project return on investment (ROI) and advancing broader energy sustainability goals. Learn more about the CLEAResult Rebate and Incentive Management program. Article content Follow us on: Facebook | LinkedIn | Instagram About CLEAResult CLEAResult is the largest provider of energy efficiency, energy transition and energy sustainability services in North America. Since 2003, our mission has been to change the way people use energy. Today, our experts lead the transition to a sustainable, equitable, and carbon-neutral future for our communities and our planet. Our hometown teams collaborate with a diverse network of local partners to deliver world-class technology and personalized services that make it easy for commercial and industrial businesses, governments, utilities, and residential customers to reduce their energy use and greenhouse gas emissions. CLEAResult is headquartered in Austin, Texas, and has over 2,700 employees in more than 60 cities across the U.S. and Canada. CLEAResult is majority owned by leading U.S. middle market private equity firm Kohlberg & Company. Explore all our energy solutions at Article content Article content Article content Article content Article content Contacts Article content Media contacts Article content clearesult@ Article content Article content Marjorie Bonga Article content Silverline Communications Article content Article content (540) 746-2385 Article content Article content Article content Alexandria Navarro Article content Article content CLEAResult Corporate Communications Article content Article content (210) 393-1766 Article content For Encentiv Energy: Article content Article content marissa@ Article content Article content Marissa Rosen Article content Article content Climate Social Article content rbromley@ Article content Article content Rachel Bromley Article content Article content Article content

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