Ex-Shopify leaders launch $10 million angel fund Ramen Ventures
A new $10 million angel fund founded by two ex-Shopify leaders is hoping to give back to the Toronto tech ecosystem by helping pre-seed…
Impak Finance raises $1.1 million from angel investors
Montreal-based Impak Finance has received $1.1 million from angel investors for its social impact platform. Participants in the angel round include Anges Québec, Anges…
VFF closes $31 million Fund II
The Vancouver Founder Fund (now just VFF) has officially closed its second fund at $31 million CAD. Launched in 2015 by Recon Instruments co-founders…
BRD partners with Toronto-based Coinberry to expand its operations in Canada
During the Blockchain Futurist conference in Toronto, BRD, a Switzerland-headquartered company that provides a wallet for digital currencies, announced a partnership with Toronto-based Coinberry,…
US insurance giant Travelers acquires majority stake in Zensurance
Toronto-based Zensurance has secured significant financing from American insurance giant Travelers, BetaKit has learned. Documents obtained by BetaKit revealed that through a wholly-owned subsidiary,…
Ontario will still oversee cannabis ecommerce, but privatize physical stores
After a July report from VICE News indicated that the Ontario government will privatize cannabis sales, the province has released details on how exactly…
Centre québécois d’innovation en biotechnologie receives $1.4 million from Canadian government
The Canadian government is investing $1.4 million in the Centre québécois d’innovation en biotechnologie. Based in Laval, the Centre was founded in 1995 to…
Chinova Bioworks raises $2.6 million to develop mushroom-based preservative
Fredericton-based Chinova Bioworks, which is developing a mushroom-based natural preservative for food and beverages, has raised a $2.6 million CAD seed round from several…
WeWork opens second Vancouver space
WeWork announced that it has officially opened its second Vancouver space at 555 Burrard Street. This new opening follows WeWork’s May announcement that it…
Sidewalk Toronto has an approved plan for Quayside, but not without controversy
Waterfront Toronto, the organization responsible for administering revitalization projects along the city’s waterfront, has unanimously approved an agreement with Google’s parent company Alphabet to…
RBC partners with Espresso Capital to fuel Canadian tech lending
RBC and Espresso Capital have announced a partnership meant to target Canadian tech companies seeking debt financing. Under the partnership, Espresso will be RBC’s…
Toronto added most North American tech jobs in 2017, with wages lower than any US hub
For the second year in a row, CBRE’s tech talent report found that Toronto is North America’s fastest growing tech market. This year, Toronto…
SheLeads one of four startups to receive $25,000 at Velocity Fund Finals
Four startups took home $25,000 at the Velocity Fund Finals, the flagship competition of the University of Waterloo’s Velocity entrepreneurship program. Ten startups pitched…