Tata Consultancy Services, Nitro Software announce new Toronto hubs
Nitro, TCS join growing list of global firms dipping into city’s tech talent pool.
Canadian Startup News
Northumberland CFDC secures $7.7 million from federal government to launch new funding program
The program is expected to help 145 companies transition to greener business.
Tissue engineering startup Spiderwort raises $17.1 million CAD to move to clinical trials
Spiderwort’s plant-based scaffolding can be used in regenerative medicine and tissue engineering.
Milk Moovement bags $26 million CAD to bolster dairy supply chain software
The Halifax startup beefs up its cash reserves.
Traction Conference returns in-person with Twitter, Eventbrite, Mailchimp as speakers
Execs from Atlassian, Shopify, Twitter, 1Password were unveiled as speakers.
Payments Canada appoints Wealthsimple’s chief compliance officer to member advisory council
The appointment marks the only FinTech startup rep on the council.
Solana Ventures, Twitch co-founder buy into Bravo Ready’s play-to-earn, Web3 video game
Bravo Ready has secured $3.9 million in fiat and cryptocurrency.
Shopify completes acquisition of Deliverr, plans launch of two-day and next-day delivery service
Shopify ‘Primes’ for head-to-head competition with Amazon.
English digital transformation company Adaptavist picks Toronto for North American headquarters
Adaptavist wants to add up to 800 jobs and invest more than $50 million.
Companies secure collective $1 million after Startup TNT Summit V
Startup TNT co-founders raising venture fund.
Ada opens machine learning centre in Israel, hires CPO
Israel’s growing AI market pulls in a Canadian unicorn.
Moment Energy signs supply agreement with Mercedes-Benz to repurpose used EV batteries
Moment Energy previously worked with Nissan in a similar deal.
The DMZ, GroundBreak Ventures launch new proptech incubator program
Participating startups will receive $25,000 and 60 hours of mentorship.
Ecopia AI announces $8 million SDTC partnership to create 3D vector maps of Canadian cities
Project aims to support sustainability-related, net-zero initiatives.
As crypto crashes, WonderFi closes deal to acquire another regulated crypto trading platform in Coinberry
CEO describes collapse of unregulated crypto lenders as WonderFi’s “thesis playing out in real time.”