Iconiq reportedly buyer of $100-million worth of Wealthsimple employee shares
Wealthsimple confirms secondary deal values Toronto FinTech firm at $5 billion.
Canadian Startup News
FDA clears drug for rare and deadly GI cancer developed by Canadian firm Zymeworks
Co-founder of Zymeworks calls approval “the dream that many said was not possible.”
The Reporting Hub, Moovez, and ResVR stand out among Calgary’s startups at Launch Party 2024
Award recipients among top 10 Calgary companies recognized at province’s premiere startup showcase.
DémultiplIA will connect AI startups with academic research (for a price)
Participation in the Québec-backed program will cost startups $105,000 over three years.
AI skills are becoming non-negotiable. Here’s how job seekers can stay ahead in #CDNtech
Plus: Five Canadian organizations hiring tech roles today.
Following Québec launch, NotaryPro brings notarization services to Staples Canada
Startup claims it can provide document notarization in just seven minutes.
BDC hopes to reverse trend of declining Canadian entrepreneurship through Community Banking initiative
BDC will back local lending partners with co-lending, indirect lending, loan guarantees, and advisory services.
Leaders from ZayZoon, Verano.AI, Toast recognized at 2024 Start Alberta Tech Awards
ZayZoon named scaleup of the year, while Verano.AI scoops up One to Watch and Most Promising Founder awards.
Elon Musk-owned Neuralink receives permission to recruit for Canadian medical trial
Toronto Western Hospital is the exclusive Canadian surgical site for the experimental brain implant.
Alberta Innovates the second provincial innovation agency affected by cyberattack this year
A breach affected Invest Nova Scotia in May that resulted in $573,000 in stolen funds.
Noble closes $15-million USD Series A to fuel growth of its digital asset issuance platform
Web3 startup aims to help stablecoin issuers after the “carnage” wrought by Terra’s 2022 collapse.
Lightstrike raises $1.1 million CAD pre-seed round to commercialize AI-powered code mapper
Round leader Sprout Fund helped Lightstrike founders “mature at a breakneck pace.”
TechTO acquires Peerscale to broaden support for later-stage tech entrepreneurs
New CEO Marie Chevrier Schwartz sees Peerscale as the “graduating class of the TechTO ecosystem.”
Five startups chosen for first round of Québec Tech’s export mission
Stage V initiative aims to propel companies to $10 million ARR in under four years.
Women VCs are now earning more at the highest levels (if they can reach them)
Fifty percent of venture firms surveyed by BDC Capital have no women senior investors.