Today in hires: Traction Guest, TextNow, Deep Genomics, Perk Labs
Four Canadian companies have filled positions on their leadership teams. Here’s a breakdown of who is joining and what they…
Canadian Startup News
Invest Ottawa receives $17 million to expand autonomous vehicle test facility
Economic development agency Invest Ottawa is expanding its autonomous vehicle test facility, Ottawa L5, and rebranding the…
Praemo raises $4.5 million CAD in Series A follow-on financing
Kitchener-Waterloo-based Praemo, which uses industrial IoT data to provide insights to enterprises, has raised $4.5 million…
How to scale in a pandemic
About four months ago, Black Swan had Jordan Dutchack on the podcast talking about the difficulties of cancelling his Uniting…
Shopify working with Google on YouTube e-commerce trials
Shopify is reportedly working on an integration with YouTube that could see the video-sharing platform become an e-commerce…
BroadbandTV looking to go public on TSX through $172 million IPO
BBTV Holdings, the holding company of Vancouver-based media and technology company BroadbandTV, has filed for an initial public…
Canada Emergency Wage Subsidy extended to June 2021, as CEBA small business loans expanded
The federal government of Canada announced on Friday a number of expansions for COVID-19 relief programs for business, including…
Federal government doles out cumulative $13.4 million to four healthtech organizations
Four Toronto-based healthtech businesses and organizations have received a cumulative $13.4 million in loans and grants from…
New federal COVID-19 rent relief subsidy allows businesses to directly apply
The Government of Canada is launching a new federal rent relief program for businesses amid the ongoing COVID-19 pandemic.…
Clearbanc deepens push into e-commerce with inventory financing
Toronto-based Clearbanc has launched a new inventory program, whereby Clearbanc purchases inventory directly from suppliers…
Privacy commissioner finds pandemic raises new privacy concerns around telemedicine, EdTech
A new report from Canada’s privacy commissioner is warning new technologies that have seen mass adoption during the COVID-19…
New angel group launches to inject early-stage capital into Western Canada tech startups
A new angel organization has formed with an aim to expand access to capital for early-stage tech entrepreneurs in Western Canada.…
SaaS companies in 2020 have raised one-fifth of 2019 numbers: report
Investments in software as a service (SaaS) companies reached $1.17 billion so far this year, only 22 percent of the $5.13…
Canadian procurement policies missing the mark for cleantech startups, says innovation council
Canada’s procurement incentives and policies are missing the mark for Canada’s high-growth cleantech startups, according…
Biotech startup Phenomic AI raises $7.97 million CAD to identify promising cancer drugs
Toronto-based Phenomic AI, which aims to help researchers spot the differences between cells that could be early signs of disease…