Despite market conditions, 2022 second-highest year on record for Canadian venture capital
CVCA CEO: “Considering the macroeconomic conditions, the finish in 2022 was surprising.”
Canadian Startup News
Cogeco acquires independent internet provider Oxio’s telecom business
The purchase marks latest blow to Canadian telecom competition.
Mining, energy companies lead TSXV’s list of 50 top-performing public companies
Newfoundland’s Kraken Robotics tops technology category.
Plum secures $8 million CAD to help big businesses navigate tight labour market
Plum aims to provide “missing dataset” companies need to tackle talent crisis.
F|T: The FinTech Times – Bank of Canada’s Ron Morrow: “it is your one chance to shape the regime.”
Plus: Stripe’s attempt to raise $55 billion.
Canadian software engineers wanted at these startups
Frontend, backend, full-stack developers needed.
Proposed regulations for Retail Payment Activities Act open for public comment
Bank of Canada’s Ron Morrow: “It is your one chance to shape the regime.”
BBTV secures $21.6 million CAD loan to pay off overdraft facility
“We have also allocated additional cushion to help withstand future macroeconomic uncertainty.”
Canadian tech can find opportunities during leaner times
RBC Capital Markets managing director says M&A will be a big theme in the back-end of 2023.
Newly-named Canada Innovation Corporation will see budget double to absorb IRAP
Further details on feds new innovation agency to follow governance body, new legislation.
Movement51 launches investment readiness education program for women entrepreneurs across Canada
With backing from TD, Movement51 aims to close VC funding gap for gender-diverse founders.
Shopify posts 26 percent YoY revenue jump, but growth still below pandemic highs
Shopify beats analyst projections in Q4 with over $1.7 billion USD in revenue.
Report: investment in Canadian FinTech dropped almost $6 billion USD in 2022
But overall investment was still bigger than 2020.
Prevu3D raises $13.3 million CAD to help enterprises take “first steps” into industrial metaverse
Prevu3D claims 3D digital twins can reduce industrial carbon footprint.
Doctor-backed Clinify secures $2 million CAD to help digitize African medical records
Fuelled by personal tragedy, Michael Omidele aims to transform African healthcare delivery, starting in Nigeria.