WELL Health to acquire majority stake in US-based digital pharmacy startup Wisp
Publicly-listed digital health company WELL Health Technologies is set to make yet another acquisition with the majority purchase…
Canadian Startup News
Liberal Party platform promises SR&ED reform, plans for $2 billion advanced research agency
The Liberal Party of Canada released its platform on Wednesday, which contained a multitude of promises for Canada’s…
Payments Canada launches real-time payment transfer system
Payments Canada is replacing the 20-year-old electronic wire system for payment transfers with a new solution called Lynx.…
New Ventures BC reveals 10 finalists for 2021 competition
New Ventures BC has announced the top 10 British Columbia (BC) companies in its 21st annual tech startup competition. This…
Toronto tech smashed venture funding records in Q2 with $1.46 billion raised
Toronto tech set a new record for venture funding during the second quarter of 2021, one of several milestones smashed according…
Former Shopify VP Janeen Speer joins Benevity as company preps for hiring spree
Janeen Speer, the former vice president of talent for Shopify, is joining Calgary-based Benevity Inc. as chief people officer.…
Meet the 16 Canadian startups participating in Y Combinator’s Summer 2021 Demo Day
This week, Y Combinator (YC) is holding its Summer 2021 Demo Day, the Silicon Valley accelerator’s 33rd to date. Sixteen…
D3 Security secures $18.9 million CAD in growth equity, debt financing
Vancouver’s Vistara Growth (formerly Vistara Capital Partners) is taking a $10 million USD ($12.6 million CAD) growth equity…
COVE to collaborate with three European ocean tech orgs
Nova Scotia’s ocean technology hub is partnering with three other ocean technology organizations in Germany and Norway to…
Montréal saw best venture funding quarter yet in Q2 as local startups clinched more megadeals
Over the last year, Montréal has often relied on one megadeal to keep venture funding levels healthy each quarter. But in…
Gatik raises $107 million CAD Series B round, announces Texas expansion
Palo Alto and Toronto-based Gatik has secured $107 million CAD ($85 million USD) in Series B financing to fuel the expansion…
Funding for unicorns Wealthsimple and Trulioo help push VC investment to highest levels yet in H1 2021
As the country and economy segued into post-pandemic recovery, record levels of venture capital flowed into Canadian tech companies.…
Liberals and Conservatives both promise to introduce open banking on election trail
One day after the Liberal Party pledged to put in place the recommendations of the Advisory Committee on Open Banking by 2023,…
Emerge Commerce to acquire BattlBox, Carnivore Club for up to $23.8 million CAD
Toronto-based Emerge Commerce has signed a definitive agreement to acquire two North American brands that offer subscription…
High rate of mental health conditions in women entrepreneurs “alarming,” reports FLIK study
More than half of women entrepreneurs surveyed for a new study, released on August 30, reported that they had struggled with…