Sidewalk Labs master plan includes $20 million CAD in venture funding, space for startups
As part of its overarching plan that reaches far beyond the Quayside development, Sidewalk Labs plans to invest more than $20 million CAD to…
Waterfront Toronto raises concerns as Sidewalk Labs releases Quayside master plan
As Sidewalk Labs publicly releases a 1,500-page proposal outlining its detailed plan for the Quayside project, Waterfront Toronto has come out with major concerns…
How MPP Vic Fedeli’s “demotion” could affect Ontario’s tech and innovation sector
Victor (Vic) Fedeli has been removed as Ontario’s finance minister, and will now take on the role of minister of economic development, job creation…
SVB says it remains committed to Canada as Barbara Dirks steps down
Barbara Dirks, head of Silicon Valley Bank (SVB) in Canada is stepping down from her role just four months after the bank was able…
Slack shares surge after direct listing on the NYSE
Slack has officially gone public via direct listing on the New York Stock Exchange (NYSE), hitting the market at $26 per share, but quickly…
Managing partner Jim Orlando departs OMERS
Jim Orlando, managing partner at OMERS Ventures, is leaving the multi-stage investing firm to reportedly lead a new $100 million venture fund created by…
Procurify raises $26 million CAD Series B for spend management solution
Procurify, a spend management software solution for businesses, announced today that it has closed $26 million CAD ($20 million USD) in a Series B…
Carrot Rewards shuts down app, files for bankruptcy
Carrot Insights has announced that is has shut down its public wellness and rewards app, Carrot Rewards, as of Wednesday morning. The company made…
Three OneEleven executives gone following Ottawa and London office closures
Three executives including chief technology, marketing, and people officers have recently departed from Canadian tech hub OneEleven. Sandy Perlman, chief marketing officer, George Eichholzer,…
DMZ, Google partnership giving startups access to Google certified experts
On Wednesday, it was announced that DMZ startups will now be able to access support and advice from Google certified experts through Google Developer…
Office tour of Shopify’s newly renovated Toronto location
Shopify recently officially opened its newly renovated Toronto office space located at the King Portland Centre. Currently home to 450 employees spanning a variety…
OCE president and CEO Tom Corr steps down following layoffs, budget cuts
Tom Corr, the president and CEO of Ontario Centres of Excellence (OCE) is stepping down from his role after almost a decade with the…
MindBridge receives $14.5 million SIF funding to support $140 million AI project
MindBridge Analytics has received $14.5 million from the federal government to help support a “first-of-its kind” $140.8 million project the Ottawa-based company is currently…