Float launches new corporate card as it experiences growth in economic downturn
How a Toronto FinTech startup says it stays afloat as others struggle.
Canadian Startup News
Inflation blamed for decline in mental health of Canadian founders in the last year
BDC report maps impact of the economic downturn on entrepreneurs’ mental health.
VentureLab president and CEO Melissa Chee steps down as tech hub looks for new leader
Through VentureLab, Chee supported Canada’s semiconductor industry amid chip shortage
GeoComply acquires OneComply to automate licensing for regulated industries
GeoComply is using its platform to address “compliance failures” in the crypto industry.
Carbonhound raises $1.3 million help small, medium business get ready for emissions regulations
The startup will help cut carbon as the United Nations says “catastrophic” warming is upon us.
American biotech Recursion acquires two Canadian AI drug-discovery companies, Cyclica and Valence
“Policymakers should look to understand why so many promising tech companies choose to sell themselves.”
Next Canada names startups in latest cohorts for its three accelerators
Next AI participants can receive up to $100,000.
Tech leaders, academics gather to discuss how Canada can reach net-zero emissions by 2050
The CityAge conference explored how Canada can grow sustainably to a population of 50 million.
Hopper co-founders launch new carbon capture startup, Deep Sky, with $10 million in funding
Deep Sky aims to scale carbon removal.
Report: powerful, new foundation models set to transform how businesses use AI
Accenture report outlines the next generation of AI on its way.
Elevate to return for 2023 with Lisa LaFlamme, Dragons’ Den, and Shark Tank stars among speaker lineup
Policy regulations around AI, Bill C-11 will be discussed at Elevate this year.
Conference Board of Canada, MaRS launch new innovation group as growth in Canadian ecosystem lags
Despite new federal programs, Canada’s innovation sector hasn’t picked up pace.
Canadian venture capital investment in Q1 2023 drops by 82 percent compared to last year
VC saw a sharp decline in both amount invested and number of deals compared to last year.
Bell to acquire Montréal cloud services provider FX Innovation
Bell posted an 88 percent decline in free cash flow since the first quarter of 2022.
Shopify cuts 20 percent of staff, announces sale of logistics division
“There’s no way to make this good news,” Shopify CEO tells employees in company letter.