Following government cutbacks, OCE makes significant staff cuts
The Ontario Centres of Excellence (OCE) has significantly reduced its staff, BetaKit has learned. OCE confirmed the layoffs, which took place last Thursday, stating…
June #FutureMakers will explain the risks and rewards of digital transformation
Worldwide spending on digital transformation is estimated to reach $2 trillion USD by 2022, according to IDC. Why are companies around the globe dedicating…
Wealthsimple raises $100 million led by Allianz X to build a full stack financial service
Toronto-based Wealthsimple has secured a new $100 million investment round, led by Allianz X, the digital investment unit of German asset manager Allianz Group….
OneEleven to close Ottawa and London offices
Canadian tech hub OneEleven will close down its Ottawa and London, England offices, BetaKit has learned. Sources familiar with the matter confirmed with BetaKit…
Koho raises $42 million Series B inside round led by Portag3 Ventures
Toronto-based FinTech startup Koho announced the close of a $42 million Series B round today, led by Portag3 Ventures, with participation from Greyhound Capital…
May #FutureMakers will teach tips for effective DevOps
DevOps is the set of practices that allow development and IT teams to build, test, and release software faster and more reliably. The May…
AI and data science leaders to discuss digital ethics at April #FutureMakers
The April edition of RBC’s FutureMakers Talks series will focus on one of the hottest tech topics of 2019: digital ethics. AI, machine learning,…
OMERS Ventures expands to Europe with sole-sourced €300 million fund
OMERS Ventures has made good on its promise to expand to Europe, announcing today a €300 million ($455 million CAD) dedicated fund for the…
RenoRun raises $3 million seed round to build an Instacart for construction
It can be hard for early-stage startups to attract the attention of VCs. It becomes much easier when your company’s delivery trucks start showing…
Sampler raises $3 million Series A to build CPG brands’ best hope to combat Amazon
Toronto-based Sampler has announced the close of a $3 million CAD Series A round, led by BDC’s Women in Tech fund, Shipfusion, and an…
Google’s Apigee headlines February #FutureMakers on APIs
The February edition of RBC’s FutureMakers Talks series is all about making connections—specifically those made through APIs (application program interfaces), the world’s tech connector….
Coinsquare lays off 40 employees, including key executives
Toronto-based Coinsquare laid off a significant portion of the company today, BetaKit has learned. Multiple sources placed the total number laid off at approximately…
Report: Canadian tech raised record $4.6 billion CAD in VC funding over 2018
PwC Canada and CB Insights have released their MoneyTree report on Canadian VC investment trends for 2018, showing a tech ecosystem demonstrating substantial growth…