Smart horticultural lighting provider Sollum closes $30 million CAD to expand library of ‘light recipes’
Sollum previously received government grants to support the production of greenhouse tomatoes, strawberries.
Canadian Startup News
Vancouver PR firm Switchboard gets national support following Earnscliffe acquisition
Switchboard calls itself Western Canada’s first tech-focused PR firm.
Lightspeed to lay off 300 employees as it targets “profitable growth”
Lightspeed says layoffs aim to streamline operations, “unify” acquisitions.
NowVertical secures $7 million CAD credit facility, completes Acrotrend, Smartlytics acquisitions
NowVertical acquires more capital to fuel acquisition strategy.
UK autonomous vehicle company Oxbotica plans to expand Canadian presence following $140 million USD raise
Oxbotica plans to hire for up to 50 new roles in Toronto office.
Clearco CEO Michele Romanow steps down as company cuts almost 30 percent of staff
Andrew Curtis now CEO as company hopes latest exec change will lead to cash flow break-even in 2023.
BMO, Georgian partner on access fund as venture firm secures nearly half of second alignment fund
SEC filings show that Georgian has secured $466 million USD of its target to date.
Two Canadian companies chosen for John Deere’s 2023 Startup Collaborator program
In a growing global AgTech market, “Canadian innovation leads the pack.”
Properly pivots away from home sale guarantee as real estate market dips
Company attributes shift to “unprecedented volatility in the Canadian housing market.”
Government of Canada reveals plans for $360 million National Quantum Strategy
NQS aims to support Canadian quantum research, talent, and commercialization.
University of Waterloo leading consortium for 5G innovation that includes Rogers, BlackBerry
BlackBerry, Rogers, Rockport Networks among industry partners taking part.
WonderFi releases public statement following Coinsquare merger report
WonderFi neither confirms nor denies Coinsquare merger report, saying it’s both looking at potential acquisitions and…
Interac’s CTO on how to hire for technical roles
Jeff Henderson says a good hiring process should be frictionless, considerate, and consistent.
ReelData raises $10.6 million CAD using AI to monitor fish populations
Halifax startup reels in cash to help farmers monitor fish populations with accuracy.
Terramera forms new subsidiary to address more problems facing farmers
EnrichAg closes $6 million USD in “evolution in Terramera’s history.”