Shopify proposes governance changes to protect CEO Tobi Lütke’s voting power
Shopify also acquired influencer marketing startup Dovetale.
Scale AI moves to scale supply chain AI startups with new funding, partnerships
Cluster partners with MaRS to support second Supply AI cohort.
CloudMD, Think Research announce changes to executive suites
Founder, CEO stepping down at CloudMD, while Think loses CFO.
Sid Paquette will now head RBC Ventures and RBCx
Paquette will lead some 500 staff members between the two groups.
Fintech Cadence receives $400,000 government grant to help Québec FinTechs scale
The FinTech incubator says the money will enable it to assist 125 entrepreneurs, startups.
Payments Canada announces global firm Tata Consultancy Services will lead the integration of the Real-Time Rail system
Real-Time Rail system is meant to modernize Canada’s payments infrastructure when completed.
Cognito Health secures $1.1 million for cross-Canada expansion of its mental health offering
Stumped over marketing, Cognito generated a big buzz on Instagram.
Cosm Medical raises $4.7 million CAD for its custom gynecological prosthetics
Cosm wants to change the standard of care for pelvic floor disorders.
Alberta proposes regulatory sandbox to attract FinTechs, crypto companies to the province
Company applications for the sandbox could start as soon as July 1.
Acquisitions propel Well Health to record revenues, profits in 2021
Well Health Posts adjusted gross profits of $153.7 million CAD for 2021
Evok Innovations targets cleantech investments with first close of $300 million USD Fund II
LPs in Fund II include Export Development Canada, RBC, and TD.
Clearco commits to Dublin with $164.4 million CAD earmarked for Irish startups
Clearco’s Dublin hub will back the company’s broader European expansion.
TransPod awaits government consent to secure $668.2 million CAD for proposed high-speed line between Edmonton and Calgary
If Alberta government fails to commit, TransPod’s CEO said he’ll move the project elsewhere.
Terramera, Ekona Power, and Active Impact Investments winners at 2022 BC CleanTech Awards
Other winners include a partner at Pangaea Ventures; Jonathan Wilkinson, federal minister of natural resources.
Saskatchewan budget light on overall innovation investments but increases startup tax credit
Province combines two innovation organizations hoping to create jobs, attract startups.