MaRS and U of T seek new partner as Johnson & Johnson pulls support for JLabs Toronto
Toronto became home to the pharma giantâs first innovation space outside of the US in 2016. Now itâs leaving.
Sovra appoints new CEO Tom Spengler as it sells off ânon-core businessesâ to focus on government tech
Formerly known as MDF Commerce, the now-private MontrĂ©al company has also acquired Calgary’s Ontopical.
Friendlier closes $4.5 million to help more food service operators ditch single-use containers
Guelph cleantech startup claims it has helped reuse over 3.3 million containers since 2019.
Bankruptcy docs claim faltering sales pipeline sunk Uvaro and Lighthouse Labs post acquisition
Workforce training platform Uvaro acquired coding school Lighthouse Labs this past January.
Bobbie Racette steps down as CEO of Virtual Gurus after closing undisclosed funding
COO Elliot Schneier promoted to CEO as company founder becomes president.
Federal government invests $8 million into six Québec EV battery and charging projects
NRCan funding follows a period of turmoil for QuĂ©becâs EV sector.
BinSentry raises $68.8-million CAD Series C as it brings remote animal feed monitoring platform to BrazilÂ
Kitchener agtech company claims it has 100 percent year-over-year growth with no customer churn.
How Collectr bootstrapped a trading card hobby into an eight-figure business
Former Doorr foundersâ new app has amassed four million users in four years, including new advisor Steve Aoki.
NordSpace breaks ground on new Atlantic Spaceport Complex in Newfoundland
Complex just outside of a small fishing town to support Canadaâs first commercial space launch later this month.
OpenText replaces longtime CEO Mark Barrenechea as it considers selling off “non-core assets”
James McGourlay takes over as interim CEO after company reports stalled revenue growth in its latest earnings.
PEI BioAlliance appoints Sandpiper Ventures principal Lauren Ledwell as CEO
Ledwell succeeds retiring founder Rory Francis after 20 years leading life sciences industry group.
Crypto giant Ripple to acquire stablecoin payments platform Rail for $275 million CAD
Ripple says acquisition will help drive stablecoin innovation and adoption in global payments.
Canadian-founded Clay raises $100-million USD Series C led by Alphabetâs growth fund
Clay has grown its valuation sixfold in just over a year, from $500 million USD to $3.1 billion USD.
LiORA secures $5.1 million in seed funding to scale its soil remediation platform in the United States
Remediation platform tracks and helps clean pollution in abandoned industrial sites.
Blue J raises $167.4-million CAD Series D after AI tax research platform more than doubles revenue
Funding to bolster Toronto startupâs team expansion, product development, and market reach.