Shopify rolls out new employee compensation system to recruit, retain talent amid stock slump
Flex Comp took effect September 1, following a delay Shopify attributed to regulatory considerations.
Canadian Startup News
WELL Health among few tech companies to crack TSX30 amid sector downturn
Last year’s top performing companies included the likes of Shopify and Goeasy.
The Rounds closes $5.1 million CAD Series A from US VC firm Panoramic Ventures
The Halifax healthtech startup provides an online collaborative network for healthcare professionals.
Startup syllabus: how Dal Innovates embraced innovation education in Atlantic Canada
Dal Innovates focuses on practical innovation education through multiple programs.
Communitech acquires Briefed.in to add data-backed insights to its repertoire
The Briefed.in deal is part of Communitech redefining its supports for startups.
Indigenous venture firm Raven Capital eyes US market as it secures $46 million for second fund
Fund II LPs include BDC Capital, Telus Pollinator Fund for Good, Vancity, Bank of America.
Protein Industries Canada secures $30 million from Pan-Canadian AI Strategy, launches AI-focused co-investment program
Applications for the new program are open until October 26.
Espace CDPQ appoints Nicolas Rubbo as managing director
Nicolas Rubbo is tasked with boosting the hub’s impact and profile.
Mila, Intel expand partnership to use AI for addressing climate change, digital biology
Intel initially teamed up with Mila last April to accelerate drug discovery.
Insurtech ProNavigator secures $10 million to power US expansion
ProNavigator calls itself the “Google Search for Insurance.”
Ideon Technologies raises $21 million CAD Series A to fuel transition to low-impact mining and EVs
Ideon’s platform enables mining companies to “drill less and discover more.”
Idealist Capital secures $250 million initial close for new climate impact fund
The fund is led by Québec business leaders with ties to Power Corp and Bombardier.
GrowerIQ closes $3 million seed round to help cannabis producers stay compliant
Cannabis ERP platform sees room to help growers meet “high” regulatory burden.
Bright secures $1.45 million from Atlantic Canadian investors to bolster its “wellness-at-work” platform
Bright was initially named Cribcut and provided at-office haircuts and beauty services.
With $20 million, Goldsky aims to make blockchain data easy to use
Plaid founders Zach Perret and William Hockey invested in Goldsky.