Why VC Deven Parekh doesn’t mind “overpaying” for a good deal
Insight Partners VC values growth sustainability over price.
Canadian Startup News
MaRS, KPMG Canada partner to launch Climate Impact Accelerator
The accelerator aims to connect corporations with cleantech startups to advance climate innovation.
Areto Labs secures $1 million to address online abuse with machine learning
Areto Labs aims to help sports teams protect star athletes from social media trolls.
Startup Luxembourg wants Canadian founders to know its country is a gateway to the European market
Funding, support, and access to the single market are some of Luxembourg’s startup draws.
BBTV reduces workforce by 14 percent following revenue decline in Q1
Layoffs continue to sweep Canada’s tech sector.
FTX buys registered crypto trading platform Bitvo to expand into Canada
Bitvo is one of the few Canadian crypto companies registered as a restricted dealer.
Immigration expert-led Immigrate aims to help Canadian firms bring the talent they need to Canada
Immigrate claims to have processed over 1,800 applications to date.
Collision unveils 28 Canadian startups shortlisted for pitch competition
Collision expects to see 35,000 attendees in-person after two years of being online.
Body of missing Shopify exec Brett O’Grady found in Ottawa
O’Grady had been a Treasurer at Shopify since 2015.
Federal government-backed Indigenous Growth Fund secures $3 million from Jack Dorsey’s Block Inc
“We know this investment will spark and inspire other companies to also contribute to economic reconciliation.”
Federal government introduces new legislation aimed at governing privacy, AI
Proposed Bill C-27 carries fines of up to $25 million for serious offences contravening the act.
Plobal Apps raises $8.5 million in Bessemer-led round to scale mobile e-commerce app for Shopify merchants
With $14 million in total funding, Plobal wants to go global.
M&A likely to be a significant driver of value for Canadian tech firms in 2022
PwC data finds Canada’s growth in M&A last year was in step with a global surge.
New analysis identifies 35 Canadian tech companies on path to $1 billion in annual revenue
List points to startups like ApplyBoard, Benevity, Clio, FreshBooks, RenoRun.
Altrio secures $8 million to double headcount, bolster real estate investment software
Altrio claims its users include two of the world largest real estate investors.