With VCCI commitment, Kensington Capital Partners targets $290 million third venture fund
With renewed mandate from Government of Canada, Kensington aims to nearly double its previous fund.
Canadian Startup News
Google opens new Montréal office, commits $2.75 million to Québec tech
Google finally opens new Montréal office after big 2020 commitment to expand in Canada.
Audette raises $12.8 million CAD to ‘level up’ decarbonization of buildings
The Victoria-based startup plans to expand from five to 150 North American cities.
1Password acquires Texas-based Passage to fuel push into passkeys
1Password envisions a future beyond passwords.
How Canada can get a big slice of the trillion-dollar global semiconductor market
Leaders explain why hardware is cool again ahead of HardTech Conference.
Dapper Labs lays off 22 percent of staff
Vancouver tech startups Dapper and Hootsuite both made layoffs this week.
Hootsuite makes additional staff cuts following August layoffs
August cuts impacted one-third of company; latest round hit approximately 5 percent.
Snowflake opens Toronto HQ, engineering hub to expand investment in Canada
Billion-dollar US company makes it snow early in Toronto.
Report: Atlantic Canada 10th strongest blue economy startup ecosystem globally
Vancouver closely follows at 14th, with Calgary 27th, and Toronto-Waterloo 35th.
Hopeful Evernote competitor Nook raises $2.39 million CAD pre-seed round
Ottawa note-taking app’s investors include angels from Apple, LinkedIn, Rewind, Shopify.
BDC commits $400 million for second cleantech-focused fund
Climate Tech Fund II focuses on reducing greenhouse gas emissions.
Voilà! closes $13.75 million Series A to help combat labour shortages across Canada, United States
Voilà! claims it can drop absenteeism by 35 percent.
Technation launches cybersecurity taskforce, calls on Canadian governments to “recognize cybersecurity as a matter of national security”
Taskforce has leaders from CGI, Cisco, eSentire, Darktrace, Infosys, Microsoft, SkyHive.
Three big takeaways from BFUTR 2022
Creating opportunities for Black talent is still a disruptive idea in tech.
TouchBistro secures $150 million to move upmarket and pursue strategic M&A as it braces for more economic uncertainty
Amid looming recession and stiff competition, TouchBistro sets sights on growing efficiently.