Breather reportedly lays off staff across North America
Breather, the Montreal-based real estate tech company, reportedly laid off a number of its staff on Thursday, possibly accounting for 11 percent of its…
Benevity is taking its corporate social responsibility platform mobile
Benevity, the Calgary-based tech company that has become a global leader for its corporate social responsibility (CSR) platform, is moving into the mobile app…
Portag3 sets sights on global FinTech market as it closes $427 million CAD Fund II
Portag3 Ventures has closed a $427 million CAD second fund, the largest FinTech-focused venture capital fund in Canada, and one of the largest globally….
OrbCare files for bankruptcy after failing to find buyer, team launches new company instead
Toronto-based healthtech startup OrbCare has officially filed for bankruptcy after the startup failed to find a buyer during an auction process that took place…
Koho adds National Bank and Drive as investors with $25 million CAD Series B extension
Koho has raised an additional $25 million in capital for its Series B, just six months after the initial close of the round at…
Coconut Software raises additional $6.5 million CAD in Series A funding
Saskatoon-based startup Coconut Software has raised an additional $6.5 million CAD in what it is calling a Series A2 round. Closed in November, the…
Revolut is rolling out early account access ahead of Canadian launch
Revolut has begun rolling out early access to accounts for Canadian users, BetaKit has learned. The move comes ahead of the challenger bank’s official…
Magaly Charbonneau named partner and Montreal lead at Inovia Capital
Inovia Capital has added its newest partner, Magaly Charbonneau, who will also lead the firm’s Montreal office and investment activities. Charbonneau becomes a partner…
Velocity startups surpass $1 billion in total funding
Alumni and current companies of Velocity have officially raised more than $1 billion CAD in venture capital since the University of Waterloo-connected incubator was…
Silofit raises $1 million seed round to develop “world’s first” network of on-demand gyms
Silofit is a Montreal based startup that has created a network of private, on-demand fitness spaces through an app offering that allows users to…
Canadian venture capital investments surpass $2 billion CAD in record breaking Q3 2019
According to the Canadian Venture Capital and Private Equity Association’s (CVCA) latest report, $2.48 billion CAD of venture capital was invested in 126 deals…
Trudeau cabinet shuffle shows slight tweaks to Canada’s innovation, economic agenda
Prime Minister Justin Trudeau revealed his new cabinet on Wednesday, with seven new faces joining the mix and a number of positions shuffled around…
Alberta Innovates to layoff 125 employees following $76 million budget cut
Alberta Innovates, the provincially funded research and development organization focused on research, innovation, and entrepreneurship, is set to layoff up to 125 employees due…