North acquired by Google
Kitchener-Waterloo based North has been acquired by Google. North, formerly Thalmic Labs, revealed the deal on Tuesday calling the acquisition “a terrific fit” for…
Frank And Oak files for protection from creditors under Bankruptcy and Insolvency Act
Frank And Oak, the e-commerce retail company turned brick-and-mortar, has filed for protection under Canada’s Bankruptcy and Insolvency Act. The company, under its corporate…
Thoughtexchange raises $10 million Series B extension as platform usage jumps by 600 percent
Thoughtexchange, a British Columbia-based startup that has developed what it calls a “crowd conversation tool” for leaders, has raised $10 million CAD in an…
Sidewalk Labs pulls commitment to Quayside Venture Partners, as investors look to launch new fund
Sidewalk Labs has decided not to move forward with its previously announced investment fund, Quayside Venture Partners (QVP), BetaKit has learned. A communications firm…
Sidewalk Labs reportedly closes Toronto office, lays off 20 employees
Sidewalk Labs has reportedly permanently closed its Toronto office and laid off around 20 people, which represents more than half of its Toronto workforce….
Web Summit to be held in-person and online using event software demoed at Collision
Web Summit will go ahead as organizers had promised earlier this month. The event is now set to be held in December and will…
Cyclica secures $23 million as it looks to create “the future biotech pipeline”
Biotech startup Cyclica has raised $23 million CAD in Series B financing. The company offers a drug discovery platform that leverages artificial intelligence and…
Ontario Supercluster invests over $6 million in three COVID-related projects
Ontario-based supercluster Next Generation Manufacturing Canada (NGen) is set to announce today the investment of more than $6 million in three projects from Canadian…
Government signs deal with Lind Equipment to test UV sanitizer tech
The Government of Canada has signed a contract with Markham-based tech company Lind Equipment to test a UV sanitizer technology that could be used…
Google to launch Canada, US accelerator focused on women founders
Google is set to launch a new accelerator program focused on women founders in Canada and the United States. The program, called The Google…
Federal government launching national contact tracing app in collaboration with Shopify, BlackBerry
The Government of Canada is set to launch a national app for contact tracing that was developed in partnership with Canadian tech companies Shopify…
US private equity firm Crest Rock Partners takes majority ownership of Vancouver-based Unbounce
Crest Rock Partners, a Denver-based private equity firm, has acquired a controlling stake in Vancouver-based startup Unbounce in a $52 million deal. Unbounce co-founder…
Canadian government extends Canada Emergency Response Benefit by eight weeks
The Government of Canada has extended the Canada Emergency Response Benefit (CERB), which supports people that are out of work due to COVID-19, by…