Giving Canadians a fair shake
Shakepay wants to drive Bitcoin adoption in Canada, and it’s doing it in a van.
Canadian Startup News
California-based Agilent Technologies agrees to buy Biovectra for $1.3 billion CAD
Biovectra is being purchased for the second time in five years.
Workstaff closes $1.6-million seed round with ambitions to expand beyond Canada
Startup has doubled team from six to 15 people, with plans to funnel funding first into the US.
Loop Energy alerts creditors to restructuring after layoffs, strategic review
TSX-listed hydrogen fuel cell company owes creditors more than $13 million, including $9 million to PacifiCan.
Claudette McGowan closes $10-million Series A for cybersecurity startup Protexxa
Startup claims round is the largest secured by a Black woman founder in Canada.
Clio tops $4-billion CAD valuation with largest software funding round in Canadian tech history
New investors pool $900 million USD after legaltech hits $200 million in ARR.
How Symcor is helping Canada get ready for open banking
Saba Shariff explains the crucial role of data exchange in Canada’s open banking future.
Cohere Series D hits $500 million USD raised at $5.5-billion valuation
BetaKit reported in June that Cohere had secured $450 million with hopes of raising more at a $5-billion valuation.
BDC among those to experience interruptions as part of CrowdStrike outage
Plurilock CEO: Businesses are necessarily quick with cybersecurity patches, but rapid updates also come with risks.
Are you an AI company or a company that uses AI?
Panache Ventures’ Scott Loong on why startups shouldn’t reinvent the wheel.
Ontario is getting rid of ghost jobs
Phantom positions are plaguing the tech industry. Here’s how to spot one.
Ethica secures $2.3 million to deliver “enterprise-grade” internet access to emerging markets
GreenSky-backed Ethica aims to improve internet reliability across Africa, India, other regions.
WonderFi working on Ethereum-based products with new innovation and development arm
Dubbed WonderFi Labs, the new arm is working on a Layer 2 blockchain and non-custodial wallet.
Acel Power raises $13.6 million CAD to ramp up production of battery-powered boat motors
Startup plans to bring 150- and 250-horsepower motors to market in the fall.
Corporate events and travel startup Planned closes $35-million Series B, adds Hopper CEO to board
The startup plans to automate “tragically old school industry” and expand internationally.