MaRS Discovery District launches new program for “high-growth” Canadian companies
The program is backed by existing FedDev funding.
Canadian Startup News
Brampton angel group launches with support from Angel Investors Ontario, Altitude Accelerator
Angel Investors Ontario also hosting free education program for Brampton startups.
RealSage secures $2.1 million CAD to help multi-family rental managers make better decisions with AI
Ex-real estate asset manager aims to help others parse data during “critical time.”
PureFacts acquires Xtiva to bolster its revenue management solutions
The combined company will offer a complete revenue management platform.
Toronto’s Hypercare sole Canadian startup selected for AWS healthcare accelerator
The healthcare coordination platform among the cohort of 23 companies chosen to participate.
Federal budget a “huge win” for cleantech, but Canada still at risk of missing out
Now is not the time to stop investing in Canada’s clean economy.
Nulogy raises $20 million to make collaboration easier for multiple companies in a supply chain
Nulogy is appealing trade secret misappropriation complaint against US client that was dismissed in 2022.
Birdseye raises $500,000 to help Shopify businesses automate marketing strategies using AI
Birdseye’s platform generates marketing plans with step-by-step instructions.
Yoshua Bengio, major tech leaders call for six-month pause on advanced AI development in open letter
Elon Musk, Steve Wozniak, and DeepMind scientists also signed the letter.
With no open banking update in #Budget2023, FinTech executives are increasingly jaded about timeline for delivery
Working groups resume April 14th, but open banking lead departs in September.
Coveo taps former Lightspeed, D2L exec Brandon Nussey to replace retiring CFO Jean Lavigueur
Incoming Coveo CFO previously led Lightspeed’s TSX, NYSE IPOs.
Metaspectral selected to join South Australian government accelerator program
Its technology conducts AI-powered hyperspectral data analysis in real-time.
After a tough year, Goodfood switches up CFO, promoting VP Roslane Aouameur
Aouameur’s strategic focus will be on profitability and positive cash flow.
Federal #Budget2023 includes cleantech commitments, little else for innovation
Budget 2023 includes $500 million to SIF for cleantech projects, billions in clean energy tax credits.
RenoRun files for creditor protection after failed pursuit of “Hail Mary” deals to save company from insolvency
The filing follows four attempts to raise bridge financing and multiple rounds of layoffs.