With $21 million CoLab aims to double size, enable manufacturing collaboration and communications
With its new $21 million CAD ($17 million USD) Series A funding, Newfoundland’s CoLab Software is set to double its 54 person…
Canadian Startup News
Bedrock AI receives $1 million to extract hidden information from financial documents
Bedrock AI is on solid footing after obtaining a $1 million seed round that closed in mid-September. Investors in the AI company…
Cisco Canada survey reveals how startups and SMBs are approaching post-pandemic recovery
Almost 19 months after the start of the pandemic, all eyes are on how Canadian startups and SMBs plan to spend their dollars…
Tokens.com purchases 50 percent of virtual real estate group Metaverse
Canadian cryptocurrency startup Tokens.com has closed its acquisition of a 50 percent stake in Metaverse Group for $1.68 million…
Former Shopify Plus GM Loren Padelford joins US startup Podium as COO
Loren Padelford, former general manager and vice president of revenue at Shopify Plus, has joined Podium as its chief operating…
How this Indigenous-led VC firm invests for financial and community impact
Raven Indigenous Capital Partners is one of the first, if not the first, Indigenous-led venture capital firms in North America.…
FTEX raises $485,000 to increase efficiency of electric vehicles through its motor tech
Montréal-based motor-tech company FTEX has raised $485,000 in a pre-seed, all-equity SAFE funding round that closed in August.…
Twitter eyes Canada as product launchpad amid developer hiring spree
Throughout 2021, scores of global tech companies have signalled their intentions to grow their presence in Canada. Among these…
How SAAS NORTH plans to lead Canadian tech events back to IRL
For the BetaKit Podcast’s Black Swan series, we talked to a lot of Canadian tech events that had to either shutter or…
Carbon Upcycling Technologies, Adaptive Pulse among startups recently chosen for competitions, accelerators
A number of Canadian startups have recently been selected to take part in accelerators and competitions, including those of…
FinTech startup Propel Holdings aims to raise $60 million in TSX IPO
Toronto-based FinTech startup Propel Holdings is launching an Initial Public Offering (IPO) on the Toronto Stock Exchange,…
LifeSpeak to acquire ALAViDA, extending solutions to address substance use
LifeSpeak, a Toronto-based employee wellness software company, has entered into an agreement to acquire ALAViDA for $12 million,…
Pani Energy raises $8 million to bring water treatment tech to global market
Pani Energy, a SaaS startup based in Victoria, British Columbia, has raised $8 million CAD in what the company classified as…
Coveo acquires England’s Qubit to extend European e-commerce reach
The artificial intelligence (AI) powered personalization e-commerce company, Coveo, has acquired London, U.K.-based Qubit for…
EdTech startup Thinkific files offering with potential to raise $300 million
The EdTech startup Thinkific Labs Inc. has filed a preliminary and final short form base shelf prospectus that would offer…