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…
Canadian Black Chamber of Commerce signs onto BlackNorth Initiative to remove barriers for Black-owned businesses
The Canadian Council of Business Leaders Against Anti-Black Systemic Racism and the Canadian Black Chamber of Commerce (CBCC)…
FansUnite Entertainment to acquire Askott Entertainment and create new gaming tech company
Vancouver-based sports betting tech company FansUnite Entertainment has entered into a definitive agreement to acquire another…
Clearview AI to stop offering facial recognition technology in Canada
Clearview AI, an American company that provides biometric security software, will no longer offer its facial recognition services…
Flinks looks to expand US presence with $16.2 million Series A
Flinks, a Montréal-based FinTech startup that helps financial institutions gain financial insights and connect user bank accounts,…
Health appointment booking platform Chronometriq acquires Health Myself
Montréal-based health appointment booking platform Chronometriq has acquired Toronto-based healthcare management startup Health…
Federal government launches digital solution to connect business registries across Canada
The federal government has launched a new digital solution aimed to make business registration and reporting easier. Four western…
Nuvyyo raises $6 million Series B to ramp up production of its digital video recorder system
Ottawa-based Nuvyyo, which creates software and hardware in the television and home media space, has raised a $6 million CAD…
Alberta recovery plan includes $175 million for Alberta Enterprise Corporation, commitment to create innovation strategy
The government of Alberta has made new commitments to support the province’s tech and innovation sector in a new plan aimed…
Accelerate Okanagan, Digital Technology Supercluster launch program for women entrepreneurs in BC
Accelerate Okanagan, University of Victoria, VIATEC, and the Digital Technology Supercluster have opened applications for W…