Women-owned businesses suffering greater staff reductions due to COVID-19, report finds
During the COVID-19 pandemic, the percentage of women-owned businesses that have laid off 80 percent or more of their staff…
Halifax startup Groundhog lawsuit alleges US-based ConsenSys stole code to create rival product
Halifax-based crypto startup Groundhog has filed a lawsuit against New York-based ConsenSys, alleging the Ethereum company…
Following pivot and pandemic-fuelled growth, Zoom.ai raises $600,000 in funding
Meeting scheduling software platform Zoom.ai has secured $600,000 CAD in a combination of equity and debt financing. The startup…
Cleantech startup Flyscan Systems secures $5.7 million CAD in venture funding
Flyscan Systems, a cleantech startup based in Québec City, has closed a $5.7 million CAD ($4.3 million USD) financing round.…
CRA launches updated calculator for Canada Emergency Wage Subsidy
The Canada Revenue Agency (CRA) has launched an updated online calculator for the Canada Emergency Wage Subsidy (CEWS). The…
EnergyX raises $1 million from BDC Capital to fuel US expansion
Toronto-based cleantech startup EnergyX Solutions, which produces software to help businesses and consumers improve energy…
Federal government commits additional $41 million in COVID-19 support to Indigenous businesses
The federal government has committed approximately $41 million in additional COVID-19 support to 73 Indigenous-owned businesses…
14 startups participating in Silicon Valley’s Canadian Technology Accelerator Digital
Fourteen Canadian startups have been selected to participate in the eight-week Canadian Technology Accelerator (CTA) Digital,…
New survey reveals most popular federal COVID-19 support programs for businesses
The federal government’s Canada Emergency Commercial Rent Assistance (CECRA) program, aimed to help small businesses cover…
Today in funding: Dapper Labs, FleetOps, Plurilock, Fortai
Four Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much,…
Wealthsimple receives conditional approval from regulators to test crypto platform
Toronto-based FinTech startup Wealthsimple has received conditional approval from the Canadian Securities Administrators’…
New Volta CEO optimistic about Atlantic Canada’s recovery from COVID-19
Martha Casey has been named the new CEO of Atlantic Canada innovation hub Volta. Casey has been the interim CEO of the hub…
Amii among three orgs receiving $10 million from Alberta government for cleantech projects
The Alberta Machine Intelligence Institute (Amii) is among three organizations receiving a cumulative $10 million investment…
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.…
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…