Alberta’s innovation minister wants province to be a “dominant player” in Canadian tech
Alberta’s minister of innovation wants to make the province’s tech sector a dominant player in the Canadian innovation…
Canadian Startup News
Founder Institute Montréal reveals graduates from winter 2020 cohort
Founder Institute’s Montréal branch has announced the 13 startups graduating from its first completely virtual cohort. The…
Farm payroll startup Labora wins SFU entrepreneurship competition
Surrey, British Columbia-based FinTech startup Labora has taken home the top prize at Simon Fraser University’s (SFU) 10th…
Newton had an outage and now users are complaining their transactions are pending
Toronto-based cryptocurrency exchange Newton recently experienced an outage to its platform related to a cyberattack affecting…
Large deals fuelled Calgary’s healthy 2020, but Western Canada could have an early-stage funding problem
Although Calgary tech startups raised more venture funding through more deals in 2020 than in the year prior, a lack of early-stage…
Netflix chooses Toronto for Canadian headquarters
Netflix has announced plans to open its first Canadian corporate office in Toronto. The move is part of the streaming giant’s…
Shopify sees 110 percent year-over-year revenue growth as e-commerce continues to boom amid pandemic
Shopify continued to see massive growth in the first quarter of 2021 with revenue, income and gross profit all significantly…
Attabotics, Amii, AltaML partner to develop AI solutions for supply chains
Attabotics, a Calgary-based robotics supply chain startup, has partnered with AltaML and the Alberta Machine Intelligence Institute…
Today in funding: Cape Privacy, Plooto, Lumeto, ReelData, Heirlume, Axya
Six Canadian tech startups have recently secured fresh funding rounds to fuel their growth. Here’s the latest on who raised,…
Magnet Forensics increases TSX IPO target, aiming to raise $100 million
Kitchener-Waterloo’s Magnet Forensics is now looking to raise just over $100 million CAD through its upcoming initial public…
Shopify helped generate $307 billion in economic activity last year amid pandemic’s impact on retail
Global economic activity from merchants on Shopify reached $307 billion in 2020, according to a new report released by the…
Following IPO, Thinkific CEO sees more opportunity to scale
Vancouver-based Thinkific Labs’ co-founder and CEO Greg Smith sees a “huge opportunity” in scaling to meet the growing…
Elevate, Moneris unveil startups participating in first cohort of eCommerce North accelerator
Toronto event-turned-tech hub Elevate and payment processing firm Moneris have announced the 10 startups joining the first…
Vena raises $300 million from Vista Equity Partners
Financial planning startup Vena has raised $300 million CAD in Series C funding from Vista Equity Partners. The Series C round…
Thinkific closes TSX IPO, raising $160 million
Vancouver’s Thinkific Labs has closed its previously announced initial public offering (IPO) on the Toronto Stock Exchange…