Layoffs persist at Canadian tech companies amid bleak outlook for 2023
FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn.
The Upside Foundation appoints Juanita Lee-Garcia as new executive director
The Venture for Canada alum takes reins at “pivotal time” for Upside.
New BC innovation minister Brenda Bailey lays out how she plans to support province’s tech, innovation
Minister: “the most important thing in our tech sector … is people, and this government is very serious about continuing…
InBC announces first three venture fund investments: Evok Innovations, Raven Capital, Yaletown Partners
InBC backs trio of VC funds focused on climate change, reconciliation, and innovation.
Plooto closes $27 million CAD Series B to help SMBs manage cash flow
Plooto plans to double down on product-led growth strategy.
Goloot announces $4 million to improve online advertising for D2C merchants
Backed by former Paysafe leaders, Goloot has amassed a list of customers that includes Lancôme, Keurig, and SSENSE.
Private wireless network startup Expeto closes $12 million Series B supported by Samsung Next, 5G Open Innovation Lab
Expeto enables large enterprises to extend private networks via any type of cellular connectivity.
Fintel Connect closes $4.8 million CAD to help financial institutions drive cost-effective growth
BankTech Ventures, EDC-backed Fintel Connect eyes US expansion.
Led by former Ada employees, Lancey secures $2 million to let B2B software buyers “try before you buy”
YC grad Lancey is backed by group that includes Panache, Garage, and Ada’s CEO.
Provincial government taps Novari Health to help reduce pandemic-fuelled surgical backlog in Eastern Ontario
Novari Health-built platform aims to cut surgery wait times.
Foresight 50 list names Canada’s “most investable” cleantech firms
Second annual list identifies firms like Terramera, Ekona Power, Summit Nanotech.
Durable aims to help solo entrepreneurs launch service-based businesses with AI
Durable has closed $6.25 million USD to date from US investors.
Cross-border payments startup Buckzy takes the smart money in downscaled $19.5 million CAD Series A
In challenging market, Buckzy opts for smaller round to hit escape velocity in 2023.
RailVision Analytics closes $5.5 million CAD to cut train emissions by curbing fuel consumption
Trucks choo-choo chooses RailVision following successful pilots with Via Rail, Metrolinx.
Nortel alum-turned-mystery novelist combines her tech and writing background with Fictionary
Fictionary’s $1.8 million round one of the first investments out of BDC’s Thrive Venture Fund.