Startup Train returns as Startupfest 2023 announces over $300,000 in prizes
Attendees from the GTA can board the Startup Train to get to the Montréal festival.
Canadian Startup News
Synthetic biology startup Ardra is brewing up big plans with its fermentation technology
Despite a tough investment climate and a series of setbacks, Ardra is up to the challenge of precision fermentation.
Someone built a guide to all the Collision afterparties
A community-submitted list of over 50 mixers, concerts, and other events taking place the week of Collision.
Canada invests $25 million in a new program to address barriers for 2SLGBTQI+ entrepreneurs
The initiative will provide capital, business advice, resources, and mentorship.
Micharity targets US expansion for its charitable fundraising platform with $7 million Series A
Following years of steady growth with minimal outside capital, Micharity is ready to ramp up.
Toronto-Waterloo, Vancouver, and Montréal hold the fort as Calgary and Ottawa rise in Startup Genome’s latest global ecosystem rankings
Larger ecosystems keep the status quo, as smaller ones post slight improvement.
Kibbi, a job-finding app for newcomers created by a newcomer, raises $1.1 million CAD
Kibbi partners with agencies and claims 6,000 job seekers as users.
Shopify partners with Volt to offer open banking solutions (but not in Canada)
Features available to Shopify merchants in Europe, Brazil, and other markets not beset by implementation delays.
Cohere is the highest ranking Canadian startup on Bessemer’s top 100 deeptech companies
The OpenAI competitor is joined on the list by Nexii, Svante, and fellow Toronto firm Xanadu.
Automotive software maker LeddarTech inks SPAC deal to go public on Nasdaq
CEO hails agreement as “important milestone,” plans to step down.
Water sampling, agtech startups among Ontario Genomics’ first cohort for BioCreate program
Each company will receive $150,000 from Ontario Genomics.
Collision whispers, new AI officer, fundraising landscape the talk of Vancouver Startup Week 2023
The vibes were positive and the takes hot in VSW’s post-COVID return.
Rollout of Canada’s Real-Time Rail payment system delayed again as project undergoes second review this year
Payments Canada cites “current delivery delays, unrelated to the exchange technology components.”
Dapper Labs makes investment in Web3 gaming company GameOn
GameOn is powering Karateka, a game for collecting digital fighters.
Following Alberta launch, insurtech QuickFacts raises $1.13 million CAD to expand across Canada
QuickFacts will launch its solution for insurance-specific workflows this summer.