Thinkific pricing IPO at $13 per share to pull in $160 million
Thinkific has announced the official pricing of its initial public offering (IPO) for listing to the Toronto Stock Exchange…
Canadian Startup News
FDX reports 16 million consumers using API, claims Canada, US lead in open banking adoption
The Financial Data Exchange (FDX), an organization that aims to bring the financial industry under a common standard for financial…
Toronto mayor believes Sidewalk Labs wanted “bargain basement price” for Quayside, Hootsuite CEO pro social regulation (Collision 2021)
Day two of Collision 2021 included discussions about the venture capital landscape in Canada and how startups and investors…
Saskatchewan extending startup investment incentive
The Government of Saskatchewan plans to extend the Saskatchewan Technology Startup Incentive (STSI), its 45 percent tax credit…
Wayfair, Cloudflare join growing group of international firms opening Toronto offices
Two global companies, e-commerce firm Wayfair and software company Cloudflare, have announced plans to open new offices in…
Shopify expands Pinterest partnership to 27 new markets
Following its launch in Canada and the United States last year, Canadian ecommerce giant Shopify has expanded its partnership…
Geoffrey Hinton explains neural networks, Plaid CEO talks three waves of digital finance at Collision 2021 day one
Collision 2021’s virtual conference kicked off this morning with opening remarks from Paddy Cosgrave, the co-founder of Collision…
BC 2021 budget includes funding for businesses, cleantech sector to support pandemic recovery
British Columbia’s 2021 fiscal budget sets out a path for the province’s economic recovery from COVID-19, including new…
City of Brampton launches incubator for international startups
Applications are now open for a new incubation program launched in Brampton, Ontario this week. The new incubator, called BHive…
Absorb Software to be acquired by US private equity firm at $630 million CAD valuation
Calgary edtech Absorb Software is set to be acquired by New York’s Welsh, Carson, Anderson & Stowe (WCAS), in a deal…
US private equity firm to acquire controlling stake in Axonify for $313 million CAD
United States-based private equity firm Luminate Capital Partners is set to acquire a controlling stake in Axonify for $313…
Clearbanc rebrands, raises $350 million USD to provide full-stack founder support
With fresh capital and a new name, Clearbanc has moved beyond its investing roots to become a full-stack founder support platform.…
Report: Canadian VC funding reached new record in Q1 2021
Canadian venture funding hit a record high of $2.49 billion USD in the first quarter of this year, breaking the previous record…
Federal government looks to “punch our way out of the COVID recession” with #Budget2021
The federal government has published its Budget 2021, which focuses on addressing the third wave of the pandemic and economic…
CarbonCure wins global Carbon XPRIZE competition
Dartmouth, Nova Scotia-based cleantech startup CarbonCure Technologies has taken home $7.5 million USD after winning the grand…