Shopify looking to raise $1.55 billion USD in stock offering, expands partnership with TikTok
Shopify is looking to raise more than $1.55 billion USD through the sale of its stock, as it continues to increase its partnerships…
Canadian Startup News
Elevate, Moneris launch new accelerator for Canadian ecommerce startups
Amidst a COVID-driven surge in online retail, Toronto-based tech hub Elevate and payment processing giant Moneris have teamed…
ZenHub raises $5.9 million CAD seed round to help automate tasks for developers
ZenHub, a Vancouver-based provider of GitHub-embedded project management and collaboration software, has raised $5.9 million…
Alberta NDP calls for reinstatement of tax credits, provincial venture fund ahead of 2021 budget
The Alberta New Democratic Party (NDP) is pushing for more provincial funding and programs to bolster Alberta’s tech and…
Today in acquisitions: Givex, NextPoint Acquisition, Herjavec Group, BIM One
Over the last two weeks, four Canadian tech companies have recently made acquisitions or have been acquired: Givex, NextPoint…
Borrowell raises $25 million to fund acquisition of Refresh Financial
Borrowell has secured $25 million CAD to support its recently closed acquisition of Refresh Financial and overall growth, as…
Communitech reveals first cohort of new program to support minority female, non-binary founders
Kitchener-based tech hub Communitech has unveiled the first cohort of its Fierce Founders Uplift program, selecting 10 promising…
Feds invest $660,000 in cybersecurity training for young displaced workers in Peel Region
Through FedDev Ontario, the Government of Canada has earmarked nearly $660,000 CAD to fund the creation of a new cybersecurity…
Seven Atlantic Canada startups to watch in 2021
I’m an East Coaster, and, although I no longer live there, I continue to stay connected and champion all the great work emerging…
Today in funding: Eavor Technologies, Foko Retail, Motion Gestures, Arolytics, Mogile Technologies
Five Canadian tech startups, Eavor Technologies, Foko Retail, Motion Gestures, Arolytics, and Mogile Technologies, have recently…
Scale AI, Oceans Supercluster, NGen commit collective $17 million to new projects
Three of Canada’s Superclusters have recently committed new funding for projects and initiatives aimed to bolster Canada’s…
Aifred Health among top three finalists in IBM Watson AI XPRIZE competition
Aifred Health, a Montréal-based startup that offers clinical solutions for mental health treatments using artificial intelligence…
Benevity receives investment from leading impact and sustainability funds as part of Hg deal
Calgary-based corporate social responsibility platform Benevity has received new investments from The Rise Fund and Generation…
Sagard closes $725 million for biopharmaceutical royalty investment fund
Sagard Holdings, the alternative asset manager arm of Power Corporation, has announced the final close of Sagard Healthcare…
RocketRez raises $8.4 million Series A round as it looks to help tourism businesses amid pandemic
Steinbach, Manitoba-based SaaS startup RocketRez has raised an $8.4 million CAD Series A round of funding, bringing the startups’…