BC’s Kardium raises $115 million USD for heart device technology
Kardium, a British Columbia-based medical device company, has secured $115 million USD from Fidelity Management and T. Rowe…
Canadian Startup News
Today in hires: Tulip, Mogo, NexTech, Alida, Bonjour Startup Montréal
Five Canadian organizations have brought on new team members, including Tulip, Mogo, NexTech, Alida, and Bonjour Startup Montréal.…
Why Ryerson Venture Zone is building a healthtech hub in Brampton fuelled by pilot programs
Despite the increased interest in telehealth brought on by the COVID-19 pandemic, for healthtech startups in Canada, a key…
Canadian tech CEOs pledge to increase vaccine awareness
A group of Canadian tech CEOs are making a pledge to increase awareness around COVID-19 vaccination and encourage workers to…
Today in acquisitions: Wishpond, In Fidem, Tier1, ScreenScape, Kayan Health, Paper Leaf
Over the past few weeks, six acquisitions involving Canadian tech companies have either closed or are underway. Here’s the…
DMZ returns to early-stage focus as hub eliminates “crown jewel” accelerator program
The DMZ has made major changes to its startup programming, eliminating its “crown jewel” accelerator in favour of a new…
NGen Supercluster nears two-thirds of $230 million budget committed with new COVID-19 supply projects
The Next Generation Manufacturing Canada (NGen) Supercluster has announced over $27 million CAD in manufacturing tech projects…
SAP Canada to expand to new Montréal office, bring headcount in city to 1,000 with new hires
Global enterprise software firm SAP Canada is growing its Quebec presence with a new office and hires in Montréal. The new…
Eli raises $1.9 million CAD in seed funding to develop at-home hormone monitoring tech
Eli Science Inc. has raised a $1.9 million CAD ($1.5 million USD) seed round to target the historically underserved women’s…
Pandemic, floorspace expansion delay opening of Toronto’s Indigenous Centre for Innovation and Entrepreneurship until 2022
Toronto’s Indigenous Centre for Innovation and Entrepreneurship (ICIE) is now expected to open in 2022, following delays…
Paystone secures $69 million as company chases acquisitive growth strategy
Paystone, a London, Ontario and Montreal-based startup that offers customer engagement and payment processing software, has…
Vancouver’s Autozen raises $4.2 million CAD to simplify private auto sales
Autozen, an online marketplace that aims to make it easier for car owners to sell their vehicles, has emerged from stealth…
Following Wattpad acquisition, CEO Allen Lau says “I’m not done yet”
Following the news of Wattpad’s acquisition, which will see it purchased by South Korea’s Naver Corp., CEO Allen Lau…
Two nonprofit FinTech programs join forces as Fintech Cadence acquires Innovate Financial Health
Innovate Financial Health (IFH), a nonprofit that aims to support technology that improves financial health, has been acquired…
Shopify’s Deplatforming Policy
Canada’s most valuable company just booted the outgoing US leader off of its platform. Let’s talk about why, how,…