Despite small decline in deals, Waterloo Region remained a healthy startup ecosystem in 2020
Waterloo Region startups raised $689.6 million for all of 2020 — up 107 percent over 2019, according to Hockeystick’s latest…
Canadian Startup News
Revolut CEO Nikolay Storonsky says company will return to Canada in 2022
The CEO of United Kingdom-based FinTech startup Revolut says the company intends to return to Canada next year, after leaving…
Two Canadian startups selected for first cohort of Google climate change accelerator
Two Canadian startups have been chosen to participate in the first cohort of Google’s climate change accelerator, which is…
Vertu Capital secures minority stake in Dejero with $60 million investment
Waterloo-based company Dejero, which provides communications connectivity tech, announced a $60 million CAD minority recapitalization…
MaRS, RBC launch women-focused cleantech accelerator
Innovation hub MaRS and Royal Bank of Canada (RBC) have launched a new accelerator aimed to connect and support women-led clean…
Thinkific pricing IPO at $13 per share to pull in $160 million
Thinkific has announced the official pricing of its initial public offering (IPO) for listing to the Toronto Stock Exchange…
FDX reports 16 million consumers using API, claims Canada, US lead in open banking adoption
The Financial Data Exchange (FDX), an organization that aims to bring the financial industry under a common standard for financial…
Toronto mayor believes Sidewalk Labs wanted “bargain basement price” for Quayside, Hootsuite CEO pro social regulation (Collision 2021)
Day two of Collision 2021 included discussions about the venture capital landscape in Canada and how startups and investors…
Saskatchewan extending startup investment incentive
The Government of Saskatchewan plans to extend the Saskatchewan Technology Startup Incentive (STSI), its 45 percent tax credit…
Wayfair, Cloudflare join growing group of international firms opening Toronto offices
Two global companies, e-commerce firm Wayfair and software company Cloudflare, have announced plans to open new offices in…
Shopify expands Pinterest partnership to 27 new markets
Following its launch in Canada and the United States last year, Canadian ecommerce giant Shopify has expanded its partnership…
Geoffrey Hinton explains neural networks, Plaid CEO talks three waves of digital finance at Collision 2021 day one
Collision 2021’s virtual conference kicked off this morning with opening remarks from Paddy Cosgrave, the co-founder of Collision…
BC 2021 budget includes funding for businesses, cleantech sector to support pandemic recovery
British Columbia’s 2021 fiscal budget sets out a path for the province’s economic recovery from COVID-19, including new…
City of Brampton launches incubator for international startups
Applications are now open for a new incubation program launched in Brampton, Ontario this week. The new incubator, called BHive…
Absorb Software to be acquired by US private equity firm at $630 million CAD valuation
Calgary edtech Absorb Software is set to be acquired by New York’s Welsh, Carson, Anderson & Stowe (WCAS), in a deal…