Pressto secures $1.5 million in pre-seed round to foster healthy relationship between students and media
Pressto’s platform aims to make it easy for kids to make zines of their own.
Canadian Startup News
PLATO secures additional $2 million from Raven Indigenous Capital Partners
PLATO wants to build a network of 1,000 Indigenous software testers across Canada.
Lightspeed sees path to profitability despite posting $146.1 million loss in fiscal Q4
Lightspeed’s fourth-quarter revenue grew by 78 percent year-over-year.
Round13 launches new venture fund with initial $70 million USD to back blockchain companies providing “the base” for Web3
Bruce Croxon: Web3 infrastructure “a natural extension” to Round13’s software investments.
ChargeLab secures $19.3 million CAD with aim to be Android for EV charging
“The winner will be whoever builds ‘Android’ to power the whole ecosystem.”
Five Canadian startups crack CB Insights’ 2022 AI 100 list
Four out of the five Canadian companies come from Toronto.
BlackBerry extends partnership with Magna to work on advanced driver assistance systems
“It’s no longer just about the safety of the vehicles, but about the safety of the software on which they run.”
Shopify, Crypto.com partnership allows merchants to accept crypto payments
Shopify has been quietly adding crypto payment integrations to its platform.
Yaletown-backed software company Tasktop to be acquired by Texas-based Planview
Tasktop CEO calls joining Planview “a game-changing combination.”
Google opens applications for third cohort of Startups Accelerator Canada
The program is one of the six Google accelerators available to Canadians.
Fable raises $13.4 million CAD, launches accessibility training program for businesses
Meta, Walmart, Microsoft among Fable’s client base.
BBTV revenue decreases seven percent, net loss increases in Q1 as COVID-19 consumer patterns shift
CEO touts plus solutions growth as positive sign.
Forma.ai raises $57.8 million CAD in Series B round for sales compensation platform
Forma aims to turn sales compensation into science using AI.
Ecobee launches new smart thermostats with built-in air quality monitoring
The new smart thermostats are Ecobee’s latest launches post- acquisition.
OnlyForward’s newly launched Gov’r app a “modern way” for citizens to engage with politicians
“When I think about how engagement feels, it feels like 2001.”