Amazon to expand presence in British Columbia with five new locations
Amazon has revealed plans to expand its presence in the province of British Columbia. The e-commerce giant is opening five…
CTI Life Sciences Fund raises $100 million in first close of third venture fund
Montréal-based venture capital firm CTI Life Sciences Fund has raised $100 million CAD in the first close of its third venture…
Today in funding: Railz, Relay Platform, Ferme d’Hiver, Optable, interVal
Five Canadian tech startups have recently secured fresh funding to fuel their growth. Here’s the latest on who raised money,…
Bonfire, Curiato, FutureVault among latest Canadian startups to make CEO change up
Three Canadian technology startups have announced changes at the helm. Curiato, FutureVault, and Bonfire Interactive each recently…
Nuvei to acquire Simplex for $250 million USD
Nuvei is set to acquire FinTech and cryptocurrency startup Simplex in an all-cash deal totalling $250 million USD. The companies…
Shopify joins patent non-aggression network as competition with Amazon heats up
Shopify has joined the Open Invention Network (OIN), a patent non-aggression community that aims to defend the intellectual…
Crown corporation leading BC’s $500 million investment fund appoints board of directors
InBC Investment Corp, the crown corporation spearheading British Columbia’s new $500 million CAD strategic investment fund,…
Following full exercise of over-allotment option, Thinkific IPO reaches $184 million
Vancouver-based EdTech startup Thinkific’s initial public offering (IPO) now totals $184 million, after the deal’s underwriters…
New council launches to advance Canada’s semiconductor industry
A group of Canadian tech sector stakeholders have launched a national Semiconductor Council, mandated to make Canada a global…
Newly launched Carrot Ventures closes $15 million fund to help seed Canadian AgTech startups
Carrot Ventures, a Calgary-based company creation firm launched by venture capital company AVAC, has closed $15 million for…
Prairie AgTech startup Precision AI raises $20 million
Regina-based AgTech startup Precision AI, which aims to support sustainable farming practices with computer vision technology,…
Willful signs partnership with insurance giant Allstate following launch in Québec
Toronto-based Willful, which offers online will and estate planning, has launched a new national partnership with Allstate…
Ocean Supercluster provides collective $5.2 million to four new projects
The Atlantic Canada-based Ocean Supercluster is providing a cumulative $5.2 million to four new projects with a combined value…
Today in funding: Botpress, Sherpa, Kinetyx, Realize Medical, G2V Optics, Solvera Solutions
Six Canadian startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on who raised,…
New report shows Montréal caught up to Toronto as Canada’s leading tech ecosystem in 2020
Venture funding in Montréal reached an impressive $1.15 billion in 2020, solidifying the city as one of the top startup ecosystems…