Canada Drives fuels up with $10 million extension to support growth amid economic headwinds
Despite scaling back hiring, co-CEO says Canada Drives is in “a strong position.”
Canadian Startup News
L-SPARK selects six startups for latest B2B SaaS accelerator cohort
Cohort participants’ tech range from identity verification to same-day delivery management.
Innovate BC awards $2.3 million to eight R&D projects
Terramera, HTEC among recipients of this year’s funding.
In Canadian first, Gatik and Loblaw take safety drivers out of autonomous delivery trucks
Gatik: this is “the first time that an autonomous trucking company has removed the safety driver from a daily delivery…
Halp secures $5.5 million CAD to help international students study abroad
Backed by Serena Williams’ venture fund, Halp has amassed an 18,000 family waitlist.
InBC reveals direct, indirect investment strategy for $500 million fund
InBC is allocating funds for every stage from pre-seed to Series C, and beyond.
Sensibill acquired by Austin-based Q2 Holdings
Q2 bought Sensibill for its financial business data, and machine learning capabilities.
Tobi Lütke, Round13 part of $40 million USD Series A for blockchain gaming startup Horizon
Web3 and traditional gaming companies like Ubisoft, Take-Two also invested in Horizon.
Carbon6 closes $88 million CAD Series A to consolidate “fragmented” e-commerce software space
Starting with Amazon, Carbon6 aims to buy and build more tools for marketplace sellers.
Lightspeed adds Google alum Ryan Tabone as chief product and technology officer
Tabone’s hire comes as Lightspeed shifts focus from acquisitions and integrations to innovation.
Two Small Fish goes big with third fund, targets $40 million CAD final close
The firm’s investments include SkipTheDishes and Sheertex.
Smart business card startup Ovou wins $110,000 at 22nd New Ventures BC competition
New Ventures BC gave out a cumulative $250,000 in prize money across eight winners.
Bootstrapped to date, Field Effect closes $41 million CAD Series A to expand SME-focused cybersecurity business
Led by a former Communications Security Establishment researcher, Ottawa firm plans to invest in sales and marketing.
Class action lawsuit filed against Wealthsimple, Shakepay over alleged misleading crypto trading fees
The suit is seeking $10 million in punitive damages from both startups.
Ownly secures $2.55 million, aims to become “Shopify for real estate”
Calgary startup aims to help “old school” real estate developers sell new homes.