Federal government invests $796,000 in projects tackling pandemic-born challenges
Six projects focused on addressing challenges surfaced by the COVID-19 pandemic are receiving a cumulative $796,000 investment…
AddÉnergie raises $53 million Series C for EV charging technology
AddÉnergie, a Québec City-based startup that creates charging solutions for electric vehicles (EV), has closed $53 million…
Canada punches above its weight with AI researchers in new Element AI report
The number of artificial intelligence (AI) researchers in Canada’s private sector is proportionally higher than that of other…
Synex Medical raises $6.99 million CAD seed round for health monitoring technology
Toronto-based healthtech startup Synex Medical, which offers a wearable solution that measures blood metabolites, has raised…
Facebook, Uber reveal new initiatives in support of Black entrepreneurs
Facebook Canada and Uber Canada have both partnered with the Canadian Black Chamber of Commerce (CBCC) on two new initiatives…
Shopify doubles GMV, reports record profit in third-quarter results
Shopify’s third-quarter financial results greatly beat analysts’ predictions as the Canadian e-commerce company more than…
Following PBO report, Minister Bains says Superclusters have seen “enormous progress”
A recent report from the parliamentary budget officer (PBO) and a letter from tech CEOs to the prime minister of Canada have…
Federal government provides $1.3 million to Alberta Innovates for programs supporting SMBs amid COVID-19
Alberta Innovates is receiving a cumulative $1.3 million investment from the federal government’s Western Economic Development…
Lendesk acquires mortgage origination platform Finmo
Vancouver-based FinTech startup Lendesk has acquired Calgary-based Finmo Financial Technologies, which offers a mortgage origination…
Silicon Valley Bank expands to Vancouver with new Western Canada lead
Silicon Valley Bank (SVB), a United States-based commercial bank that helps fund tech startups, has put boots on the ground…
Faire raises $170 million USD Series E, looks to grow Kitchener-Waterloo office
Faire, a wholesale marketplace startup based in Kitchener-Waterloo and San Francisco, has raised a $170 million USD Series…
Canvass Analytics raises $8.5 million CAD as it gears up for “aggressive” global expansion
Toronto-based Canvass Analytics, which offers artificial intelligence-enabled industrial software, has raised an $8.5 million…
Nudge.ai co-founder Paul Teshima joins Wealthsimple as chief client experience officer
Toronto-based FinTech startup Wealthsimple has tapped Paul Teshima, the co-founder and former CEO of another notable Canadian…
Today in funding: MESH/Diversity, Sollum Technologies, Heirlume, Nyoka
A number of Canadian startups have announced fresh funding to fuel their growth. Here’s the latest on who raised how…
Montreal startup NorthStar begins construction of satellites to monitor debris in space
NorthStar Earth and Space, a Montreal-based startup that has developed an earth and space monitoring platform, has begun the…