GTMfund closes $54-million USD Fund II to back more early-stage Canadian B2B SaaS startups
Vancouver VC firm plans to grow its Canadian team, invest more in Canada via Fund II.
Canadian Startup News
Clio and Intel add new general managers in Canada as #CDNtech exec shakeups carry into 2025
ThoughtExchange, Verv, and Lorica also started the year by making changes at the top.
CDPQ launches program to help Québec startups pivot amid tariff threat
Provincial government pledges “COVID-like” loans for businesses to reach new markets if tariffs hit.
San Francisco-based Landbase taps Canadian roots with acquisition of LavaReach
Bootstrapped startup’s co-founders will join the AI-powered go-to-market solutions company.
Reliant on US materials and production, Canadian consumer goods startups could be caught in trade war crossfire
Pet food company Healthybud says Canada’s retaliatory tariffs will take a bigger bite out of its margins.
Federal government launches $175.1 million Canadian Genomics Strategy to advance sector commercialization
Funding for strategy first announced in Budget 2021 to be dispensed over seven years.
Dax Dasilva on staying public, Lightspeed’s plans for growth, and hiring in Montréal
Lightspeed sets focus on company’s “two crown jewels,” North American retail and European hospitality.
Wealthsimple launches margin trading feature for eligible users
FinTech company provides resources to help users navigate risks associated with margin investing.
Lightspeed to stay public company after strategic review
Lightspeed stock drops sharply despite share buyback promise following fiscal Q3 2025 earnings.
University of Waterloo to open GENESIS, a new blockchain and AI research lab
New facilities supported by $1.4-million donation from professor-founded blockchain startup Interop Labs.
RetinaLogik ready to execute on vision with $1.1-million financing, Health Canada Class II approval
Portable eye care device startup sets sights on North American expansion.
Emmertech leads Rayhawk seed round to automate dangerous rail car loading work
Rayhawk’s proprietary technology automates opening, inspecting, closing, and sealing railcars lids.
SRTX temporarily lays off 40 percent of staff ahead of US tariff “worst-case scenario”
Sheertex tights maker says tariffs could slap 41-percent duty on some shipments to US.
Deputy Chief Trade Commissioner on tariffs: Canada “not out of the woods yet”
Global Affairs leader told businesses tariffs don’t include digital services during CCI webinar.
Teachers’ Venture Growth leads round valuing StackAdapt near $2.5-billion USD
Reports indicate round is largely secondary like a previously undisclosed 2022 Summit Partners investment.