AI, FinTech startup Senso raises $4 million CAD to further fuel US expansion
Senso, which provides financial institutions with predictive intelligence through AI, has raised a $4 million CAD ($3 million…
Canadian Startup News
Liberals’ economic snapshot reveals $343.2 billion deficit following COVID-19 relief measures
The federal government has projected a deficit of $343.2 billion for the fiscal year 2020 to 2021, according to a new economic…
Calgary’s SensorUp closes $6 million Series A to strengthen location intelligence platform
Alberta-based SaaS startup SensorUp raised $6 million in a Series A financing round led by Evok Innovations. SensorUp intends…
Ideon Technologies raises $1.3 million as it plans to innovate resource exploration industry
Vancouver-based Ideon Technologies, which offers technology allowing geologists to see beneath the Earth’s surface, has raised…
Over half of Canadian small businesses will take six months to return to profitability, finds CFIB survey
Canadian small businesses have a long, slow road to economic recovery ahead, according to the Canadian Federation of Independent…
Five student-led startups graduate from Platform Calgary’s summer AI incubator
Five early-stage, AI-enabled startups have graduated from the artificial intelligence stream of Platform Calgary’s Summer…
Nest Wealth receives close to $50 million in new deal with National Bank
Toronto-based digital wealth management platform startup Nest Wealth has received a new investment with an approximate value…
Frank And Oak set to close stores, look for buyer or financing as existing investors unwilling to back
Canadian clothing retailer Frank And Oak is looking for potential buyers or investors as part of a plan to restructure its…
Uber launches grocery delivery service in Toronto, Montreal
Uber is now in the business of grocery delivery. The San Francisco-based ride-hailing giant has made the new service available…
Canadian Black Chamber of Commerce signs onto BlackNorth Initiative to remove barriers for Black-owned businesses
The Canadian Council of Business Leaders Against Anti-Black Systemic Racism and the Canadian Black Chamber of Commerce (CBCC)…
More federal assistance for Indigenous businesses required, says COVID-19 taskforce
For the survival of many Indigenous businesses during this pandemic, additional financing and support is required, according…
FansUnite Entertainment to acquire Askott Entertainment and create new gaming tech company
Vancouver-based sports betting tech company FansUnite Entertainment has entered into a definitive agreement to acquire another…
Clearview AI to stop offering facial recognition technology in Canada
Clearview AI, an American company that provides biometric security software, will no longer offer its facial recognition services…
Flinks looks to expand US presence with $16.2 million Series A
Flinks, a Montréal-based FinTech startup that helps financial institutions gain financial insights and connect user bank accounts,…
Tech leaders launch free mentorship initiative for underrepresented tech workers
Plato and Boast.AI have partnered and brought together more than 150 tech leaders globally to provide free virtual mentorship…