TEC Edmonton to cease operations on June 30
TEC Edmonton, a business incubator jointly run by the City of Edmonton and the University of Alberta, is set to cease operations…
Canadian Startup News
Loopio secures $252 million to accelerate its growth in RFP software market
Toronto-based B2B software startup Loopio has secured a $252 million CAD ($200 million USD) strategic investment from Sumeru…
With Fortune 500 clients, revenue growth, Tasktop raises $126 million CAD in growth equity
Tasktop has raised $126 million CAD ($100 million USD) in growth equity financing, following several years of significant growth…
Goodfood reaches record revenue of $100.7 million as online grocery market booms
Montréal-based online grocery and meal kit delivery company Goodfood has reported a record quarterly revenue of $100.7 million.…
Five Canadian startups named to CB Insights’ 2021 AI 100 list
Five Canadian artificial intelligence (AI) startups have made CB Insights’ fifth annual AI 100 list, which aims to highlight…
C100 rebrands 48Hours in the Valley to eight-month fellowship, announces 2021 cohort
C100, a nonprofit that aims to support Canadian tech entrepreneurs, is rebranding its flagship 48Hours in the Valley event…
Brim Financial, Canadian Western Bank partner to launch FinTech platform, consumer credit cards
Following its $25 million CAD Series B round last month, Toronto-based FinTech startup Brim Financial has teamed up with Canadian…
Inovia, Shopify back delivery startup Swyft in $22 million Series A round
Swyft, a Toronto-based digital logistics startup, has raised $22 million CAD ($17.5 million USD) in Series A funding in a round…
One year after raising seed round, PolicyMe launches digital life insurance product
PolicyMe, an insurtech startup based in Toronto, has officially launched its new digital insurance product, which allows Canadians…
Playmaker Capital closes $24 million private placement, plans to go public on TSXV
Toronto-based digital sports media company Playmaker Capital has raised $24 million in financing via private placement, as…
Payfare’s IPO reaches $75.2 million following exercise of over-allotment option
Toronto FinTech startup Payfare’s initial public offering (IPO) has increased to $75.2 million following an over-allotment…
Pascal Siakam to help Toronto kids learn to code with new training program
Toronto Raptors star Pascal Siakam’s PS43 Foundation has launched a new youth-based initiative designed to address the digital…
Lightspeed launches payments product in UK, Europe
Lightspeed POS is launching its payments product in the United Kingdom (UK) and Europe. Lightspeed Payments will be rolled…
Diagram Ventures latest Canadian firm to concentrate on existing portfolio with $60 million for new Opportunity Fund
Diagram Ventures has secured $60 million CAD in the first close of its latest fund as the Montréal-based venture builder looks…
Chris Albinson to replace Iain Klugman as CEO of Communitech
Kitchener-Waterloo innovation hub Communitech has named Chris Albinson, co-founder of The C100, as its new CEO. Albinson will…