Calgary, the city that offered to fight a bear for Amazon HQ2, gets new Amazon data centre
Amazon Web Services (AWS), the IT service management arm of tech giant Amazon Inc., is set to open an infrastructure region…
Canadian Startup News
OpenText to acquire Zix in $860 million deal meant to bolster Microsoft relationship
Kitchener-Waterloo software company OpenText has reached an agreement to acquire Texas-based Zix in a deal worth $860 million…
Gradient MSP raises $12.7 million CAD to launch automated billing solution
Calgary-based Gradient MSP has raised $12.7 million CAD ($10.25 million USD) in its all-equity Series A funding round led by…
Communitech, CAN Health partnering to address barriers to healthtech procurement
Communitech and Coordinated Accessible National (CAN) Health Network want to make procurement in the healthcare space easier.…
Mimik Technology raises $17.9 million CAD to make any computing device act like a cloud server
Mimik Technology has raised $17.9 million CAD ($14.4 million USD) in its all-equity Series A funding round led by Pier 88 Investment…
Clio doubles C-Suite with four new execs to support product, international expansion
Burnaby-based legaltech startup Clio has expanded its executive team, bringing on former leaders from high-growth and public…
McRock Capital leads $57 million USD round for California’s Landing AI, created by former Google Brain lead
McRock Capital, a Canadian venture firm that invests exclusively in the Internet of Things (IoT), has led a $57 million USD…
The CDL mentoring session that gave Brice Scheschuk imposter syndrome
Who teaches mentors how to mentor entrepreneurs? Shouldn’t we spend more time thinking about that?
Ikea’s investment arm buys into Bolt Logistics as part of Series B round
Bolt Logistics (formerly Second Closet) has had a lightning-fast year, finding its niche in fulfillment and last-mile logistics,…
Sharethrough postpones TSX debut amid Canadian tech IPO market struggles
Montréal-based Sharethrough has postponed its initial public offering (IPO) on the Toronto Stock Exchange. The ad exchange…
Felix Health moves into diagnosis and treatment of anxiety, depression
Earlier this week, Toronto-based healthtech startup Felix Health announced plans to bolster its recently launched digital mental…
Despite reduced offering, D2L founder says public markets present “tremendous opportunity” for tech firms
Fresh off of a recent IPO, John Baker, the founder, president and CEO of D2L, reflected on his firm’s move from a private…
Smart thermostat startup Mysa raises $20.3 million
Newfoundland-based smart thermostat tech company Mysa has raised $20.3 million CAD in its all-equity Series B funding round…
GHGSat receives $20 million from SDTC to bolster satellite technology
Montréal-based global emissions monitoring company GHGSat has received a $20 million CAD investment from Sustainable Development…
Back for second cohort, Ryerson Venture Zone in Brampton expands program beyond healthcare into smart mobility
The Ryerson Venture Zone (RVZ) focused on healthtech startups for its first cohort, but is now expanding its focus to include…