FreshBooks, Plusgrade, Day & Ross among six Scale AI projects to receive $25 million
Funded projects vary in applications, from the travel industry to accounting.
Canadian Startup News
All the events to check out at Montréal Impact Week 2022
Panels include topics about measuring impact, impact investing, among others.
Tech4SickKids raises almost $51,000 in second annual virtual auction
The campaign has raised $9 million of its $25 million goal.
Louis Têtu explains how Coveo is bucking tech trends ahead of SAAS NORTH keynote
Serial entrepreneur to share hard-earned stories and predictions at SAAS NORTH.
How Poseidon Ocean Systems pivoted internationally when domestic opportunity dried up
Poseidon Ocean Systems found a way to commercialize new technology globally during the COVID-19 pandemic.
FTX’s fall could have implications for more Canadian orgs than just Ontario Teachers’
Crypto exchange FTX files for bankruptcy in US, CEO Sam Bankman-Fried steps down.
FinTech investor Holt Xchange launches fund at intersection of Web3, sports media, entertainment
Advisory council includes DeMar DeRozan, Raine Maida, and Milos Raonic.
Xero appoints Canadian native Sukhinder Singh Cassidy as new CEO
Xero’s newest leader had exec positions at Google, Stubhub, Polyvore.
With Passage acquisition 1Password prepares to battle tech giants for passwordless future
Acquisitions, exec turnover, and new tech mark transition period for 1Password. CEO Jeff Shiner sounds ready.
Customer experience platform Alida secures $60 million USD credit facility
With a new Edmonton office, Alida sets sights on the rest of North America and beyond.
Xanadu closes $100 million USD Series C as quantum computing firm becomes Canada’s latest unicorn
Xanadu wants to bring the first commercially available quantum computers to market.
Meta mass layoffs hit Canada less than a year after major expansion plans
Canadian teams affected include client relations, human resources, among others.
As demand booms and recession looms, Busbud acquires fellow Canadian travel tech startup Betterez
After partnering up for years, Busbud has brought Betterez’s back office platform for transit players in-house.
Ontario Teachers-backed FTX plans sale to competitor Binance following liquidity crunch
Ontario Teachers isn’t the only Canadian pension fund to be burned by a bad crypto investment.
Wyvern raises $9.45 million CAD in seed-plus round
Satellite imaging startup begins countdown to inaugural launch.