Bay Mills Investment Group “on pause” following departures and alleged health issues with executive team
Eight months after its launch, Bay Mills Investment Group is facing a “restructuring in management” due to alleged health…
Canadian Startup News
Big Whale Labs raises $655,000 to accelerate NFT product development
Big Whale Labs, a Vancouver-based web 3 social startup, raised $655,000 USD in September from a pre-seed funding round led…
New accelerator aims to give Black-led startups in the Prairies a kick-start
Black-led startups on the Prairies will get a boost in mid-November when the Black Business Ventures Association (BBVA) launches…
R-LABS and Teranet launch real estate innovation company RIOS with $4 million investment
Toronto real estate tech startup R-LABS and Ontario-based Teranet partnered up to launch RIOS, a real estate innovation company,…
FreshBooks acquires Germany’s FastBill as it pursues global expansion
FreshBooks continues to pursue its global ambitions, announcing the acquisition of Germany-based FastBill, described as one…
Thentia receives $15 million credit from Espresso Capital to fuel GovTech innovation
Toronto-based SaaS startup Thentia has secured a $15 million credit facility from Espresso Capital to scale its government…
Experts explain why Canada’s ‘new’ government needs to prioritize competition, talent, and open banking
At a recent panel for BetaKit Patreon supporters, a group of innovation policy experts argued that Canada’s newly re-elected…
Moneris completes acquisition of UEAT to bolster commerce solutions for restaurants
Payments provider giant Moneris has acquired UEAT, a Québec-based SaaS startup for an undisclosed amount. Founded in 2017,…
Smartricity raises $1 million to scale motor testing technologies
Ballinafad, Ontario-based Smartricity has raised $1 million CAD in seed funding to accelerate its motor testing technologies…
Flahmingo raises $1.88 million CAD, teases launch of new app in Q1 2022
Calgary-based FinTech startup Flahmingo raised $1.88 million CAD in its pre-seed funding round in the last week of September.…
Hooked on Phonic’s platform, investors back voice-based surveys
Toronto-based Phonic has secured $2.76 million CAD ($2.2 million USD) in seed financing to bolster its newly launched voice…
Koho rolls out Instant Pay, overdraft protection
FinTech startup Koho has expanded its services, and is now offering Instant Pay, as well as overdraft protection. The company…
D-Wave launches performance update to existing quantum computer, teases next-generation system
D-Wave Systems Inc, a quantum computing startup, unveiled a performance update to its existing quantum system, as well as a…
Company behind digital payout service Tipstoday adds $8.5 million via private placement
XTM, Inc., the company behind digital tip payout service Tipstoday, closed an oversubscribed non-brokered private placement…
Nuvei files for initial public offering on Nasdaq
Just over a year after going public on the Toronto Stock Exchange (TSX), Nuvei has filed for an initial public offering in…