Communitech takes over Canadian tech startup job board Prospect
Kitchener-Waterloo innovation hub Communitech has taken over Prospect, a national startup job board that connects tech talent…
Canadian Startup News
Antler eyes $30 million fund as part of Canada expansion
Singapore-based venture firm Antler says the recent increase in homegrown Canadian success stories led to its decision to expand…
Silofit secures $15.25 million CAD to bring micro-gym model to United States
Montréal-based startup Silofit, which offers a network of micro-gyms, has raised $12.75 million CAD ($10.25 million USD) in…
MindBeacon sees revenue increase in Q2 as it ramps up for international expansion
During Q2 2021, Toronto-based healthtech company MindBeacon increased its revenue by 154 percent year-over-year, generating…
BetaKit Live: Solving Big Problems on July 29th
As has been discussed during past BetaKit Lives, the Canadian tech ecosystem is exploding, showcasing both big funding rounds…
Shopify surpasses $1 billion quarterly revenue milestone in Q2 2021 results
Canadian ecommerce giant Shopify announced its first-ever $1 billion revenue quarter today driven primarily by soaring gross…
Deep Genomics secures $226 million CAD led by SoftBank as it scales AI drug discovery platform
Deep Genomics has secured $226 million CAD ($180 million USD) as the startup has increased the number of drug candidates it…
Digital Technology Supercluster announces $20 million digital wellness project
Canada’s Digital Technology Supercluster has announced a $20 million CAD project to develop a new digital wellness platform…
1Password claims $2.5 billion CAD valuation in new round as investors rave about “generational security software business” opportunity
1Password has raised $125 million CAD ($100 million USD) in its latest round of financing, as the password manager startup…
Following rebrand, Notch raises $12.5 million CAD to bring restaurant supply chain software to new markets
Toronto-based startup Notch has secured $12.5 million CAD ($10 million USD) in funding, as the startup looks to expand its…
Wealthsimple adds Inovia partner, former Google exec Patrick Pichette to board of directors
Inovia partner, and former Google executive, Patrick Pichette has joined Wealthsimple’s board of directors. Pichette currently…
Lumira Ventures closes $276 million CAD for fourth fund
Toronto-based Lumira Ventures has raised $276 million CAD ($220 million USD) for Fund IV, which Lumira claims is “the largest…
Firmex acquired by US-based Datasite in Vertu Capital’s first exit
Toronto-based virtual data room (VDR) company Firmex has been acquired by fellow VDR provider Datasite. The financial details…
Ready to launch: how StarSpec is building the bits to get us to space faster
Last year, for the first time in human history, humans were sent into space in a vehicle not built or owned by a government.…
Three tech companies on hiring sprees across Canada
Due to Covid-19, companies globally were forced to freeze hiring, furlough employees, and altogether hit pause on their growth…