Waterloo Region sees worst quarter for VC investment in two years due to lack of late-stage deals
A lack of late-stage megadeals in the first quarter of 2021 caused venture funding of tech companies in the Waterloo Region…
Calgary venture funding sets two-year record thanks to late-stage investments
Nine late-stage venture deals in Calgary’s tech ecosystem helped the region see its best quarter in terms of deals and dollars…
Canada maintains fourth place in StartupBlink’s global ecosystem rankings
Canada has maintained its fourth position in StartupBlink’s 2021 global ecosystem rankings, but the gap between Canada and…
Lightspeed filings signalling potential name change show company thinking beyond POS
Montréal-based Lightspeed is set to vote on a motion that would see the company change its name from Lightspeed POS to Lightspeed…
Paper closes $123 million CAD to provide more equitable education support through tech
Montréal-based EdTech startup Paper has closed $123 million CAD ($100 million USD) in Series C financing, as the company looks…
Shopify announces changes to its revenue share model for developers at Shopify Unite 2021
At Shopify Unite 2021, the e-commerce company unveiled a host of new platform investments, including changes to how it does…
Tribe Technologies announces November seed funding as company looks to scale online community platform
Toronto-based Tribe Technologies has announced a $7.5 million USD seed financing round, closed in November, as the startup…
Intuit, Highline Beta launch new Prosperity accelerator for AI startups
Intuit and Highline Beta have partnered to launch another accelerator program, this time for startups specifically using artificial…
Clearco, Caravan launch $50 million USD fund for celebrity-backed companies
Toronto-based Clearco has launched a $50 million USD fund in partnership with Caravan to provide non-dilutive capital to businesses…
Today in acquisitions: Converge Technology Solutions, LEAF Mobile, Syntax, and more
Over the past week, a number of Canadian tech companies have been involved in acquisitions, including OSF Digital, Syntax,…
Semantic Health comes out of stealth to help hospitals use coded data
As the healthcare industry looks for more technology solutions in a post-COVID world, a Toronto-based startup has come out…
Montréal’s Aifred Health wins second place at IBM AI XPRIZE competition
Montréal-based healthtech and artificial intelligence (AI) startup Aifred Health today won second place at the final round…
Bill C-10 aimed at regulating streaming services in Canada passes in House of Commons
The federal government has passed Bill C-10, which posits new rules for streaming services such as Netflix, Spotify, and YouTube,…
Vetsie closes $285,000 as it looks to launch virtual vet care platform nationally
Calgary-based Vetsie has closed a $285,000 pre-seed round of funding as the startup gears up for the public launch of its communications…
Wealthsimple launches 14 new coins on its crypto trading platform
Toronto-based FinTech firm Wealthsimple has launched 14 new tokens and cryptocurrencies that are now available to buy and sell…