Nuvei shares drop amid short seller report
Payment processing company Nuvei saw its shares on the Toronto Stock Exchange (TSX) and Nasdaq fall rapidly today as a short-seller…
Canadian Startup News
NACO names Backbone Angels’ Arati Sharma 2021 Angel of the Year
Former Shopify senior leader and current founding partner of Backbone Angels Arati Sharma has been named Canada’s Angel…
Former Shopify employees raise $8.5 million from Sequoia, Bessemer for new developer productivity startup Gadget
Ottawa-based Gadget has raised $8.5 million in a funding round led by Sequoia Capital and Bessemer Venture Partners. The financing…
The metrics that show your startup is healthy
After a decade on Wall Street and two more as a venture capitalist, Mike Kwatinetz, of Azure Capital Partners, has developed…
Rebranded Nomic Bio raises $17 million to fuel development of protein-measuring platform
Nomic Bio has secured a new name and $17 million USD in Series A financing to support the growth of its protein-measuring platform.…
Alison Sunstrum, Kookai Chaimahawong join The51’s new AgTech fund
Women-focused investment firm The51 has brought on two venture capitalists for its new Food & AgTech fund. Alison Sunstrum,…
Wealthsimple Trade to launch ‘Plus’ tier, sunset ‘Premium’ offering, streamline US trading
Did someone say rundle?
Tech panel thinks Canadian startups are ready to move from defence to offence in 2022
With over $1.6 billion invested in Toronto area startups and nearly $1 billion invested in Vancouver startups in Q3 2021 alone,…
AlayaCare bolsters C-Suite, board to support next phase of growth
Montréal-based healthtech startup AlayaCare has made a series of new additions to its leadership team, adding some seasoned…
Four startups from initial Entrepreneur First Toronto cohort raise collective $5.7 million CAD
As part of Entrepreneur First Toronto’s initial cohort in the city, startups TriplePlay (formerly Lobby), Vivid Machines,…
Ritual alumni launch GoodGood with $6.5 million to scale commerce for local food and drink makers
Ritual’s co-founder Robert Kim and former senior director of partnerships Kris Linney have co-founded a new Toronto-based…
Payment Rails rebrands to Trolley, closes $7 million Series A to expand reach of global payouts platform
Montréal-based FinTech startup Payment Rails has rebranded as Trolley and secured $7 million CAD in Series A financing to…
Wealthsimple sells UK book of business as FinTech giant focuses solely on Canada (for now?)
Is Wealthsimple trying to build Canada’s first FinTech super app?
AbCellera’s antibody treatment becomes first to receive emergency FDA approval for kids under 12
Bamlanivimab, the antibody therapy discovered by Vancouver-based artificial intelligence (AI) biotech company AbCellera, has…
Inside the rise of Canadian venture studios
Over the last seven years, the number of global venture studios has increased by 625 percent, and Canada is no exception to…