Lightspeed shows strong growth YoY, but revenues flat after COVID-19 quarter
Lightspeed POS has reported strong year-over-year growth as revenue and customer growth stayed flat due to the COVID-19 pandemic. On Thursday, the Montreal-based company…
Digital Technology Supercluster invests $30 million in 17 projects through COVID-19 program
The British Columbia-based Digital Technology Supercluster has announced a cumulative investment of approximately $30 million into 17 projects through its COVID-19 program, launched in…
Platterz raises $43.8 million CAD Series B, rebrands to Thriver as company pivots post-pandemic
Toronto-based corporate catering startup Platterz has rebranded to Thriver following a $43.8 million CAD ($33 million USD) Series B round to support the company’s…
Lightspeed launches new SMB loan offering with payments giant Stripe
Lightspeed POS has launched Lightspeed Capital, a new offering that provides flexible loans to help US-based merchants invest in their business growth. The startup…
Ocean Supercluster launches $29 million Ocean Aware project
The Atlantic Canada-based Ocean Supercluster has launched Ocean Aware, a new project intended to develop and commercialize solutions that promote sustainable growth in the…
TouchBistro acquires TableUp to launch new loyalty solution for restaurants
Toronto-based TouchBistro has acquired TableUp, a Boston-based startup that provides loyalty and marketing solutions for the restaurant industry. The purchase price of the acquisition…
Clean Works Medical, Pure Life Machinery receive $2 million from Ontario’s COVID-19 fund to sanitize PPE
Beamsville, Ontario-based Clean Works Medical and Pure Life Machinery have received a $2 million investment from the province of Ontario to help manufacture a…
Two Canadian startups among Holt FinTech Accelerator’s 2020 cohort
Montreal-based Holt FinTech Accelerator has revealed the startups part of its 2020 cohort. The third in its history, the accelerator pivoted this year to…
Today in funding: Medzy, Rapid Novor, Byta, VodaSafe
Four Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much, from whom, and what…
Trudeau reveals plans to end CERB, transition recipients to EI in September
The federal government has announced its intention to shift recipients of the Canada Emergency Response Benefit (CERB) to the federal employment insurance (EI) program,…
Federal government extends commercial rent relief program through August
The federal government has announced it is extending the Canada Emergency Commercial Rent Assistance (CECRA) program through the month of August. The program was…
Top Hat launches new communication tool to help students, professors adapt to virtual education
Toronto-based EdTech startup Top Hat has launched Slate, a new free communication tool that allows students and educators at high education institutions with digital…
VC deal volume sees slump in first half of 2020 amid COVID-19, CVCA finds
Venture capital and private equity deal volume fell in Canada during the second quarter of this year, as the COVID-19 pandemic began to take…