Telesat secures $1.44 billion commitment from Government of Canada
Satellite communications company Telesat has secured a commitment of $1.44 billion from the Government of Canada, to help the…
WELL Health revenue increased 484 percent in Q2 2021, bolstered by acquisition strategy
WELL Health Technologies is seeing its acquisition strategy pay off, as the digital health company reported a sizeable increase…
Quantum Pigeon wants to change the social media game for content creators
Calling itself “the next wave of social media,” Vancouver startup Quantum Pigeon (QP) is hoping to revolutionize the creator…
Fluid Biotech secures $5.8 million CAD to accelerate development of innovative brain aneurysm stent
Calgary-based medical device startup Fluid Biotech has raised $5.8 million CAD ($4.7 million USD) to help it accelerate the…
Dave Wessinger takes over as PointClickCare CEO as brother and co-founder Mike becomes executive chair
PointClickCare has shuffled its executive team, with founding CEO Mike Wessinger moving to the executive chair role as his…
FreshBooks secures $163 million CAD and unicorn valuation to increase global reach
Accounting software leader FreshBooks has become the latest Canadian tech company to surpass a $1 billion valuation following…
Ontario commits $109 million towards Telesat’s race to launch low-earth-orbit satellite network
Telesat is set to receive $109 million from the Ontario government to support the Canadian satellite company’s race to…
Federal government reveals details on new RDAs for British Columbia, Prairies
The federal government rolled out two new regional development agencies (RDAs) for British Columbia and the Prairies on August…
Canada open banking report released
After months of delays and anticipation, the Advisory Committee on Open Banking has dropped its final report on open banking,…
Synctera launches card API as company builds its Banking-as-a-Service marketplace
Synctera has launched its first API to fuel the creation of its marketplace between community banks and FinTech companies.…
Hootsuite nabs conversational AI startup Heyday in $60 million deal to further social commerce push
Hootsuite has acquired artificial intelligence (AI) chatbot startup Heyday in a $60 million CAD deal that further expands Hootsuite’s…
Maple looks beyond public markets for growth and scale
With heavy competition in Canada, telemedicine startup Maple has turned its attention away from the public markets towards…
Antler eyes $30 million fund as part of Canada expansion
Singapore-based venture firm Antler says the recent increase in homegrown Canadian success stories led to its decision to expand…
Deep Genomics secures $226 million CAD led by SoftBank as it scales AI drug discovery platform
Deep Genomics has secured $226 million CAD ($180 million USD) as the startup has increased the number of drug candidates it…
1Password claims $2.5 billion CAD valuation in new round as investors rave about “generational security software business” opportunity
1Password has raised $125 million CAD ($100 million USD) in its latest round of financing, as the password manager startup…