Today in funding: Medzy, Rapid Novor, Byta, VodaSafe
Four Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much,…
Canadian Startup News
Trudeau reveals plans to end CERB, transition recipients to EI in September
The federal government has announced its intention to shift recipients of the Canada Emergency Response Benefit (CERB) to the…
Federal government extends commercial rent relief program through August
The federal government has announced it is extending the Canada Emergency Commercial Rent Assistance (CECRA) program through…
Canadian government officially launches COVID-19 “exposure notification” app
The Government of Canada announced the official launch of its national COVID-19 “exposure notification” app on Friday.…
Top Hat launches new communication tool to help students, professors adapt to virtual education
Toronto-based EdTech startup Top Hat has launched Slate, a new free communication tool that allows students and educators at…
VC deal volume sees slump in first half of 2020 amid COVID-19, CVCA finds
Venture capital and private equity deal volume fell in Canada during the second quarter of this year, as the COVID-19 pandemic…
L-Spark launches new accelerator program for connected medical device ventures
Ottawa-based L-Spark has opened applications for a new MedTech accelerator program in partnership with Telus, BlackBerry, Solace,…
Report: Canadian angel investment reached record-breaking $163.9 million in 2019
Angel investment reached a new record of $163.9 million in 2019, bringing angel activity to more than $1 billion in Canada…
Black Professionals in Tech Network partners with Canadian companies to support Black tech workers
The Black Professionals in Tech Network (BPTN) has partnered with eight Canadian companies, including TD Bank, Bell Canada,…
OSC introduces interim order to help facilitate startup securities crowdfunding
The Ontario Securities Commission (OSC) has introduced an interim local order that adopts a startup crowdfunding “regime”…
While venture funding stays consistent, BC startup deal count sees Q1 decline
Venture funding in British Columbia (BC) reached $246 million over 50 deals in the first quarter of 2020, as Victoria emerged…
BC RDA invests nearly $3 million in Innovate BC to help tech entrepreneurs recover from COVID-19
The Government of Canada has invested $2.95 million CAD in Innovate BC for two programs to help British Columbia (BC) tech…
FedDev Ontario invests $30 million in eight Waterloo Region companies
The Government of Canada has invested nearly $30 million CAD in eight Waterloo Region-based manufacturing, medtech, and information…
Sun Life leads $43 million round of financing in telehealth startup Dialogue
Montréal-based telehealth startup Dialogue has raised $43 million CAD led by Canadian life insurance company Sun Life Financial.…
Financial Data Exchange launches in Canada looking to create industry standard for financial data sharing
Financial Data Exchange (FDX), a United States-based non-profit organization dedicated to developing an industry standard for…