One year after Elevate hackathon win, StableHacks launches first product
A year after Toronto-based StableHacks was named the winner of last year’s Elevate hackathon, the company has launched its flagship product, TrustD, a platform…
Four startups win $50,000 investments at Velocity Fund Pitch Competition
Four early-stage startups were all crowned the winners of the 25th Velocity Fund Pitch Competition this week, which was hosted in Toronto for the…
Daisy Intelligence raises $10 million CAD, looks to become “the world’s largest” AI company
Toronto-based Daisy Intelligence, which has created an AI-powered platform for retail and insurance, has raised $10 million CAD in Series A financing. Founder and…
CIRA challenges political parties to create open, trusted Internet policies
The Canadian Internet Registration Authority (CIRA), the national organization known for managing the ‘.CA’ domain, has published its “vision” of the future of Canada’s…
Employment platform Neuvoo raises $53 million from CDPQ’s AI fund
Neuvoo, a Montréal-based online employment platform, has raised $53 million from Caisse de dépôt et placement du Québec (CDPQ). “The investment will help us…
Lawn care, snow removal platform Yardly raises $1 million seed round
Yardly, an online platform offering lawn care and snow removal through monthly subscriptions, has closed a $1 million seed round. Yardly told BetaKit the…
Carbon Engineering to expand capacity of Direct Air Capture plant
Squamish, BC-based cleantech startup, Carbon Engineering is expanding the capacity of the design for its first commercial Direct Air Capture (DAC) plant. The plant…
Accelerate Okanagan, VIATEC, other BC projects receive $5.6 million from federal government
Seven organizations in British Columbia, including Accelerate Okanagan (AO) and the Victoria Innovation, Advanced Technology and Entrepreneurship Council (VIATEC) have received investments from the…
Lift & Co. closes $3.5 million private placement following platform launch
Toronto-based tech and cannabis startup Lift & Co. has raised $3.5 million in a private placement, following the launch of its cannabis data platform….
Liberal Party commits to new incentives for Canadian entrepreneurs, startups
With the federal election now in full swing, the Liberal Party of Canada is making some promises to cut fees, reduce red tape, and…
Today in hires: Universal mCloud, RenoRun, Finaeo
In the last week, three Canadian startups have added new members to their teams. Here’s a breakdown of who is joining, and what they…
Today in government funding: BioConnect, Accessible Technology Program recipients
Recently, the federal government announced two new investments, one for an Ontario-based startup, and the other for a number of organizations and institutions nationwide….
Element AI announces $200 million CAD Series B round
Element AI has closed a much-anticipated venture round, raising a $200 million CAD ($151.4 million USD) Series B from the Government of Quebec, pension…