Payroll platform Wagepoint appoints Xero North America lead Ben Richmond as president and CEO
Founding CEO Shrad Rao departed in January as the company shifted to scale-oriented leadership.
Canadian Startup News
Dig Insights acquires OneCliq to beef up market research tools with social media analysis
Toronto-based OneCliq says it gleans consumer sentiment from activity on Reddit, Instagram, and TikTok.
Sleep tech startup Smart Nora files for bankruptcy after tariffs derail product launch and fundraising attempts
Investors turned away from hardware startups, creating a funding gap that couldn’t be bridged in time, CEO says.
BC shuffles cabinet, moving Rick Glumac to AI and Ravi Kahlon back to jobs
Province loses JEDI, gains AI minister as premier swears in team “to meet the current moment.”
Canadian co-founded Substack raises $100-million USD Series C to grow tools for independent creators
Two out of three Substack co-founders are University of Waterloo and Kik alums.
GeologicAI cashes in on data centre boom with $60.5-million CAD Series B
Mining tech startup will use funding to scale globally as demand for critical minerals intensifies.
Longtime 1Password CEO Jeff Shiner moves to executive chair, hands reins to David Faugno
Shiner calls Faugno “the right leader for where we’re going next.”
TD is assembling a roster of top technical talent
From mainframes to modern tooling, TD engineers are set up to grow, build faster, and deliver at scale.
BDC adds RBC as lending partner as it plans to guarantee $800 million in loans to entrepreneurs
Business Loan Accelerator Program aims to expand BDC’s reach to more underserved founders in Canada.
Define Capital fuels up for more niche software acquisitions with $28-million debt facility from Scotiabank
Toronto private equity fund warms up to the idea of buying corporate spinoffs and venture-backed startups.
Canadian drone maker ZenaTech expands US presence “earlier than expected” in response to Trump policies
It is now “dramatically easier and faster” for Toronto drone company to sell directly to the military.
Katherine Homuth is making the case for a “founder constitution.” Here’s what that might look like
SRTX and Oomira founder says “nothing in the term sheet is in your favour.”
Quandri secures $16.5 million CAD to help North American insurance firms automate renewals with AI
BC sibling-founders gear up to hire 40 employees and open a Boston office.
Flo shutters Shawinigan EV charger plant, lays off 80 employees citing trade tensions and shifting political dynamics
CEO believes the move is “a responsible step” toward profitability.
Canada’s former open banking lead joins FinTech startup Brim Financial
Abraham Tachjian to serve as Brim’s regulation chief as federal open banking framework remains in progress.