District Ventures Capital secures additional $35 million, closes first fund at $100 million
District Ventures Capital has closed its first fund at $100 million CAD, after securing $35 million CAD in additional funding…
Survey finds 82 percent of tech CEOs plan to make layoffs after being left out of federal wage subsidy
A new survey from the Council of Canadian Innovators (CCI) estimates that around 39,000 Canadian information and communications…
WorkJam raises $70.6 million CAD Series C for platform serving frontline workers
Montréal-based digital workplace solutions startup WorkJam has closed a $70.6 million CAD ($50 million USD) Series C round.…
ResQ uses platform to help service industry deliver meals to frontline workers in Toronto
ResQ, which has created a restaurant repair and maintenance app, is raising donations to buy meals from the restaurants on…
Opencare lays off one-quarter of staff as it prepares to “weather the storm” of COVID-19
Toronto-based Opencare, a healthcare booking company, last week laid off 18 members of its team, as its core business has been…
C100 announces newest 48Hrs in the Valley cohort, postpones event to October
Twenty-six Canadian tech startups have been selected to join the 2020 48Hrs in the Valley program, hosted by C100, an…
Federal government’s updated work-sharing program more open to startups amid COVID-19
In light of the COVID-19 pandemic, the federal government has introduced new measures to its existing work-sharing program,…
Traction on Demand, BC government create platform to coordinate medical supply donations
British Columbia’s provincial government has partnered with several organizations, including Vancouver-based cloud technology…
Think Research, Ontario Psychological Association partner to offer virtual mental health services
Think Research, a developer of virtual care technology and clinical treatment protocols, has partnered with the Ontario Psychological…
Québec organizations rally residents to buy from local startups on April 2
A group of organizations is putting together an event on April 2 that encourages Québec residents to buy a product or service…
Startupfest introduces Pitch from Home as 2020 event moves online
Montreal-based tech festival Startupfest is introducing Pitch from Home, a virtual substitution for Startupfest’s in-person…
SVB payment deferrals during COVID-19 pandemic extend to Canadian companies
Silicon Valley Bank (SVB) has launched a relief initiative that will provide the bank’s venture debt borrowers with loans…
Jesse Rodgers out as CEO of Atlantic Canada hub Volta
Jesse Rodgers has departed from his role as CEO of Halifax-based innovation hub Volta. The hub’s COO, Martha Casey has been…
Element AI creates platform to help researchers identify patterns in COVID-19 research
Montreal-based startup Element AI is offering a free AI-powered platform aimed to help scientific researchers, public health…
Techstars Toronto announces 10 startups joining 2020 cohort
Techstars Toronto has announced the 10 startup’s joining the accelerator program’s third cohort, which will now begin on…