BetaKit Live: The State of Canadian Startups on November 3rd
Canadian businesses are managing a lot right now, from an accelerated digital transformation to an employee shift to remote…
Canadian Startup News
Lumira Ventures latest Canadian VC to jump on SPAC trend in pursuit of US medtech firms
A newly formed special purpose acquisition company (SPAC) with executives from and backed by Canada’s Lumira Ventures set…
Lightspeed continues e-commerce push with product developed through Ecwid acquisition
Lightspeed has launched a newly updated e-commerce product built on the integration of its acquisition of Ecwid. Founded in…
After booming Q2, Waterloo Region deal volume hit two-year low in Q3 2021
With only five deals closed, venture funding activity in the Waterloo Region fell to a two-year low in the third quarter of…
D2L cuts size, pricing of TSX IPO
Kitchener-Waterloo-based e-learning software company D2L has reduced the size and pricing of its planned initial public offering…
Former CTO the latest Coinsquare exec to sue the crypto startup
Simon Palmer, who previously served as Coinsquare’s chief technology officer (CTO), has filed a lawsuit against the Toronto-based…
Shopify increases revenues and gross profits, posts operating loss in Q3 2021
Shopify posted total revenue of $1.12 billion, up 46 percent year-over-year as it announced its third-quarter results for 2021.…
Crewdle raises $2.15 million to make video conferencing environmentally friendly
Video communication tech startup Crewdle has raised $2.15 million CAD in a funding round that saw the participation of Anges…
Propel closes over-allotment option, pulls in $70 million for public offering
Toronto-based FinTech startup Propel Holdings has closed its over-allotment option that generated gross proceeds of $9.1 million…
Hootsuite plans to IPO before Christmas, raise $200 million on TSX
Hootsuite is finalizing its preparations to go public on the Toronto Stock Exchange before the end of the year, BetaKit has…
Q4 Inc. CEO downplays IPO concerns after going public, sets sights on M&A to fuel growth
Despite downsizing its offering and experiencing an underwhelming Toronto Stock Exchange (TSX) debut, Q4 Inc. is not deterred,…
GrubMarket expands to Canada by acquiring e-commerce startup Funtech
San Francisco-based foodtech startup GrubMarket enters the Canadian e-commerce market through its completed acquisition of…
B.C. Centre for Innovation and Clean Energy unveils exec team and board members
With the appointment of an executive team and board of directors, the British Columbia Centre for Innovation and Clean Energy…
Fellow.app’s meeting productivity software attracts $24 million
Meeting productivity software startup Fellow.app has secured $24 million USD in Series A funding as the COVID-19 pandemic has…
Neo Financial’s Series B leads Calgary’s venture funding bounce back in Q3
Following a two-year low for tech investment, Calgary’s tech ecosystem saw a return to health in the third quarter of 2021,…