Today in funding: Provision Analytics, Ackroo, MergeBase, Obie.ai
Four Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much,…
Report: Startups could fuel the recovery of Canada’s economy
Job losses in the tech sector could dramatically damage productivity across Canada, according to a new report commissioned…
BrainBox AI raises $12 million ‘pre-Series A’ to expand into new markets
Montreal-based BrainBox AI, which has developed technology that allows a building’s heating, ventilation, and air conditioning…
Perimeter Medical Imaging receives $10.4 million CAD grant, appoints new CEO, CFO
Toronto-based healthtech and artificial intelligence startup Perimeter Medical Imaging (PMI) has received a $10.4 million CAD…
Shopify launches consumer-facing shopping assistant app
Ottawa-based e-commerce company Shopify has launched Shop, a consumer-facing mobile assistant shopping app designed to create…
Canadian coding schools urge feds to expand eligibility for COVID-19 student relief measures
Two Canadian coding schools, Lighthouse Labs and Juno College of Technology, are urging the federal government to include private…
Foodora to cease operations in Canada, citing highly saturated market
Restaurant meal delivery company Foodora will close its business in Canada after five years of operation. The company cited…
Applications open for 75% Canada Emergency Wage Subsidy
The federal government has opened applications for the Canada Emergency Wage Subsidy (CEWS), the $73 billion program aimed…
Bus.com taps Maxie Lafleur as CEO as startup modifies offering during COVID-19
Montreal-based Bus.com, which has created an online platform for bus rentals, has appointed Maxie Lafleur as the startup’s…
BDC Capital reveals more details on investment matching program for VC-backed companies
BDC Capital has revealed more details about its Bridge Financing Program that was announced earlier this month. The goal for…
Feds to provide $600 million for SIF to fund private sector trials of COVID-19 therapies
The federal government is investing $600 million through the Strategic Innovation Fund over two years to support vaccine and…
Shaquille O’Neal joins speakers set to headline ‘Collision From Home’
Collision from Home has announced NBA All-Star champion Shaquille O’Neal will be speaking at the 2020 virtual tech conference,…
Applications for emergency co-lending begin to open as BDC finalizes program
The Business Development Bank of Canada (BDC) has finalized details of the $20 billion co-lending program, which is part of…
Wello and RBC expand partnership to offer telemedicine platform to businesses
Calgary-based healthtech startup Wello is expanding its existing partnership with the Royal Bank of Canada (RBC) to offer support…
Report reveals widespread impact of COVID-19 on underrepresented entrepreneurs
Since the onset of the COVID-19 pandemic, eighty-five percent of underrepresented entrepreneurs in Canada have experienced…