Crypto custodian Balance completes SOC 2 audit to increase customer confidence
Balance joins growing list of crypto firms becoming SOC compliant.
Canadian Startup News
Tech-enabled fulfillment company Darwynn closes $20 million pre-seed round
Darwynn says its facilities take up less space and costs less to operate.
Introhive cuts 16 percent of workforce citing market conditions
CEO said the current environment makes it challenging to fund Introhive’s high-growth strategy.
Blume secures $2 million CAD to scale latte replacement product
Ex-Frank and Oak exec buys into Blume’s first institutional round.
Why now is the time for Canadian startups to hire internationally
“The more tech talent we can attract, the better it will be for the country.”
Following a record-setting first quarter, Québec venture funding eased up in Q2 2022
VCs are treading water as market tides change.
TransPod unveils “ultra-high-speed” FluxJet vehicle as it begins construction on proposed Alberta track
TransPod aims to offer transportation between Edmonton and Calgary that’s “faster than a jet and three times as fast as…
The bottom fell out of Canadian FinTech funding in Q2 2022
Q2 2022 saw a dramatic 70 percent drop in FinTech funding YoY.
Real estate auction platform Unreserved files $25 million lawsuit against real estate associations
Startup claims defamation and interference in Unreserved’s economic interests.
Federal, BC governments invest in new agtech innovation centre at Simon Fraser University
The centre is expected to create 200 jobs and train over 700 workers.
Oncoustics secures $5.5 million CAD to help spot liver disease using AI
Startup aims to “decrease or eliminate” need for high-end imaging, painful biopsies.
As Canadian venture funding lost steam in Q2 2022, Alberta tech continued to shine
With $268 million raised, Alberta set a new quarterly record for venture funding.
BDC partners with e-learning platform Future Capital to train 150 women for angel investing
Future Capital wants to diversify investors at the angel, LP, and syndicate level.
BMO to acquire carbon offsets developer Radicle
Radicle’s software measures and aggregates greenhouse gas emissions.
BC tech funding returned to pre-bull market levels in Q2 2022
BC’s Web3 startups showed promise in the second quarter.