Cisco to provide small businesses with COVID-19 “recovery kits” through new contest
Cisco has launched a new contest offering entrepreneurs a chance to win a Small Business Recovery Kit, which includes IT tools…
Bridgit closes $9.4 million CAD strategic investment led by Autodesk
Kitchener-Waterloo-based Bridgit, which offers a project management platform for construction businesses, has raised $9.4 million…
Untether AI closes additional $9.4 million CAD from Radical Ventures, Intel Capital
Toronto-based artificial intelligence (AI) hardware startup Untether AI has closed an additional $9.4 million CAD ($7 million…
Federal government to extend 75 percent wage subsidy into December
The federal government has announced it will extend the Canada Emergency Wage Subsidy (CEWS) program until December. Prime…
Foodee secures $13 million to weather COVID-19, fuel acquisition of US competitor Chewse
Foodee, a Vancouver-based corporate catering tech startup, has closed $13 million CAD in funding and revealed its acquisition…
FedDev commits $4.5 million to support Franco-Ontarian SMEs through regional recovery fund
Three organizations in southern Ontario have been selected to receive a cumulative $4.5 million investment from the federal…
Video streaming software provider Haivision acquires Teltoo
Montreal-based Haivision, which develops video streaming solutions for the public and private sector, has acquired Teltoo,…
Akerna closes $46 million acquisition of Toronto-based Ample Organics
Toronto-based cannabis software startup Ample Organics has officially been acquired by Akerna. The deal was valued at $46 million…
Nine projects to receive $28.8 million as part of Advanced Manufacturing Supercluster investment
Nine Canadian manufacturing projects have been approved to receive a cumulative investment of $28.8 million from Next Generation…
Toronto tech venture deal count plummets in “unfortunate” first quarter of 2020
Toronto’s tech sector saw $361 million in venture funding over 41 deals in the first quarter of 2020, according to a new…
Report: Nearly half of Canadian VC firms have seen a decline in deal flow during COVID-19
In Canada, 48 percent of venture capital (VC) firms have seen a minimum 25 percent decline in deal flow during the COVID-19…
Liberals’ economic snapshot reveals $343.2 billion deficit following COVID-19 relief measures
The federal government has projected a deficit of $343.2 billion for the fiscal year 2020 to 2021, according to a new economic…
Ideon Technologies raises $1.3 million as it plans to innovate resource exploration industry
Vancouver-based Ideon Technologies, which offers technology allowing geologists to see beneath the Earth’s surface, has raised…
Five student-led startups graduate from Platform Calgary’s summer AI incubator
Five early-stage, AI-enabled startups have graduated from the artificial intelligence stream of Platform Calgary’s Summer…
Nest Wealth receives close to $50 million in new deal with National Bank
Toronto-based digital wealth management platform startup Nest Wealth has received a new investment with an approximate value…