As Techstars makes changes, the future of its Toronto accelerator is uncertain
Techstars Toronto has paused applications with leader Sunil Sharma transitioning away.
Golden Ventures closes nearly $140 million CAD for fifth seed-stage VC fund
Despite a tough market, Golden remains “long Canada” with strong support from existing LPs.
Round13 Digital Asset Fund claims over 40 percent gains despite tough crypto market
Toronto fund says mix of digital assets, crypto VC has fuelled strong early returns.
Lightspeed founder Dax Dasilva returns as interim CEO, replacing JP Chauvet
Despite recently beating its fiscal Q3 targets, Lightspeed’s shares have still fallen.
EdTech game developer Prodigy Education adds CFO to refreshed leadership team
After September 2022 “reset,” Prodigy has set its sights back on sustainable growth.
Shopify beats Q4 estimates with strong holiday season, but stock still drops
Shopify aims to deliver “compelling mix of growth and profitability” in 2024.
Float secures $50-million credit facility from Silicon Valley Bank to expand its financial products
FinTech firm teams up with SVB again to grow its corporate credit offering.
Vector Institute leaders chart AI hub’s progress and the challenges that remain
Experts discuss AI safety, regulation, and how Canada can maintain global leadership.
Lightspeed exceeds fiscal Q3 revenue, profitability targets but company’s shares still slide
Growth will be Lightspeed’s “top priority” in the coming year, says CEO.
Nord Quantique claims industry first quantum error correction at qubit level
Québec startup aims to develop more scalable hardware for quantum computing.
As stablecoin compliance deadline looms, Canada’s crypto industry calls for consultation
Coinbase, Kraken, Wealthsimple, WonderFi among those urging CSA to reconsider crackdown on fiat-backed stablecoins.
C100 hires Michael Buhr as next leader, with Ray Newal out as CEO
Newal departs after a year and a half as CEO.
Toronto software companies Top Hat, Loopio, Wattpad make layoffs
Trio downsizes for second time in past year as tech cuts continue into 2024.
Government of Canada finally launches consultations on SR&ED modernization
Long-awaited review of key R&D tax credit to focus on boosting IP creation and retention.
University of Calgary’s “venture philanthropy fund” UCeed targets pre-seed funding gap
Three and a half years since its launch, UCeed has grown into one of Canada’s most active early-stage investors.