Techstars Toronto celebrates 100 direct investments as an accelerator
The organization is also welcoming an even mix of Canadian and international companies to its 2023 class.
Canadian Startup News
David Faugno latest addition to 1Password as first-ever president and chief operating officer
1Password continues to add to its C-suite following new revenue milestones.
Saskatoon software startups Vendasta, 7shifts, Andgo Systems make layoffs
Vendasta CMO: “Every tech company right now needs to be thinking about profitable growth.”
Neo Financial, Float, and Cohere headline LinkedIn’s sixth annual list of Canada’s top 15 startups
Neo Financial joins Wealthsimple as only companies to top list in multiple years.
Loop Energy lays off majority of staff, citing challenging capital market conditions
Hydrogen fuel cell firm terminates 84 employees, shuts China office.
Pollin Fertility raises $20-million CAD Series A led by David Thomson’s Osmington Inc.
The raise highlights a recent flurry of rounds in the fertility space.
Wealthsimple to join Interac e-transfer system under expanded access guidelines
Wealthsimple becomes first securities dealer to join Interac’s service, but yearns for RTR payment system.
Canada launches voluntary code of conduct for the responsible use of AI
Cohere, OpenText, Coveo, Ada among first signatories.
Shopify takes stake in Faire as part of new partnership
Shopify merchants will get access to Faire products while Shopify POS becomes Faire’s preferred provider.
Cognota closes $5.5-million USD Series A to make corporate LearnOps a thing
With a new name, product, and fresh capital, Cognota eyes growth.
Elevate announces CIX acquisition and new $2-million innovation challenge for youth mental health
Elevate kicked off this year’s tech and innovation festival on its main stage by announcing its acquisition of the Canadian…
Homecare Hub secures $3.4 million CAD in seed funding for its Airbnb-style senior care platform
Toronto-based senior care startup will use funding to begin expansion to US market.
Front Row Ventures closes over-subscribed $5.5-million CAD pan-Canadian fund
By students, for students firm plans to invest in 50 startups over the next four years.
Luge Capital looks to buck FinTech trends with $71-million CAD first close of new fund
FinTech-focused firm targets $100-million fund and expanded team across Canada.
The Québec-IBM Discovery Accelerator now has its quantum computer
The IBM Quantum System One in Bromont, Québec is the first quantum computer of its type in Canada.