Kirk Simpson, Peter Carrescia team up to raise $6.5 million CAD with an idea to disrupt the digital identity space
OMERS, Wittington, and Round13 have all backed Qui Identity.
Canadian Startup News
Sandpiper Ventures closes $20 million first fund focused on early-stage, women-led tech startups
Sandpiper sees “huge … and untapped opportunity” to back more women entrepreneurs amid market downturn.
Unbounce lays off 20 percent of staff as part of “larger company restructuring”
Unbounce CEO said cuts were necessary to support the company’s purpose and strategy.
FreshBooks secures $100 million USD debt facility from BMO, J.P. Morgan
With fresh funds, FreshBooks wants to continue global expansion, strategic acquisitions.
CFIN invests $338,000 into four Canadian projects related to food sector
Projects in this cohort range from an automated tempeh incubator to upcycling produce.
ZayZoon raises $25.5 million to expand its earned wage access business across the US
ZayZoon’s earned wage access model never caught on in Canada, but took off south of the border.
Canalyst acquired by Chicago-based Tegus in massive BC tech exit
Sources say deal is north of $400 million CAD.
Partnership with Mailchimp competitor Klaviyo marks Shopify’s second strategic investment in recent weeks
Recent SEC filing indicates Shopify may have invested $100 million USD in Klaviyo.
Aurora Hydrogen secures $12.85 million CAD from Shell, Chevron to build demonstration plant
Aurora is developing clean hydrogen tech without consuming water.
Wattpad’s new leader is focused on creator value
Wattpad President Jeanne Lam wants to help creators “become the next big hit.”
Spring Activator launches Women-led Impact Investor Challenge with Telus Pollinator Fund
The previous edition of the fund focused on healthcare, naming UVX Inc. as the winner.
QuadFi uses AI to make it easier for Canadian newcomers to obtain financing
The B Corp aims to give immigrants a boost with low-interest loans.
Three Developer/Engineer/IT-related jobs available now
Manifest Climate, Valeyo, and TalentMinded are hiring right now.
Converge Technology secures $500 million loan to continue acquisition spree
Converge to continue acquisition strategy in North America, Europe.
Frontier Collective to launch flagship summit for metaverse and Web3 leaders
Frontier wants to bring leaders from Adobe, LG, Microsoft to Vancouver.