Mednow closes $37 million IPO as it’s set to list on TSXV
Toronto-based healthtech startup Mednow has closed its initial public offering, raising approximately $37 million CAD at a…
Canadian Startup News
Upside Foundation reaches 300 members as Wattpadâs massive exit marks strong start for 2021
Eight years after its founding, The Upside Foundation has reported significant milestones reached over the last year, including…
How the CRA is supporting innovation through SR&ED during COVID-19
In 2019, I wrote an article on how the CRA had become tougher on SR&ED claims despite the declining number of reviews.…
Today in funding: SomaDetect, Metis, CoinSmart
Three Canadian startups have recently announced fresh funding rounds to fuel their growth. Hereâs the latest on who raised,…
Wealthsimple sells US book of business to Betterment as company claims renewed focus on Canada
Wealthsimple has sold its United States (US) book of business to online financial services company Betterment. The Toronto-based…
Twitter to ramp up Canadian presence, hire at least 24 engineers in Toronto
Twitter has announced plans to launch a new engineering hub in Canada and hire at least 24 engineers in Toronto. Although the…
Infosys expanding to Calgary as it looks to double Canadian workforce to 4,000 employees
Multinational technology company Infosys is expanding its Canadian presence, having chosen Calgary as the home for its next…
Snapcommerce secures $107 million to build a mobile commerce leader
Snapcommerce (formerly Snaptravel) has secured $107 million CAD ($85 million USD) in growth funding, signalling confidence…
After a year of rapid growth, Athennian extends Series A round by $7 million
Calgary-based legal software startup Athennian has added $7 million CAD to its Series A round of funding as it sees continued…
FrontFundr looks to help companies go public through new partnership
Silver Maple Ventures, the owner of equity crowdfunding platform FrontFundr and FinTech platform DealSquare, has partnered…
Raven closes $25 million venture fund for Indigenous entrepreneurs
Raven Indigenous Capital Partners (Raven) has closed a new $25 million CAD fund that aims to invest in innovative early and…
Government commits $518 million to Canada Foundation for Innovation to fund research projects
The Government of Canada has committed $518 million in research infrastructure funding through the Canada Foundation for Innovation…
Federal government extends current Canada Emergency Wage Subsidy, CERS rates to June
On Wednesday, Prime Minister Justin Trudeau announced the federal government will extend the current rate of the Canada Emergency…
Deloitte to launch AI Institute initiative in Canada
On Wednesday, Deloitte is set to launch a new artificial intelligence (AI)-focused virtual initiative in Canada, aimed to foster…
PocketPills raises $30 million Series B amid continued demand for virtual healthcare solutions
PocketPills, a Surrey, British Columbia-based digital pharmacy startup, has closed a $30 million CAD Series B round of funding.…