FinTechs on the fence as Interac chosen for Canada’s real-time payments provider
Payments Canada has selected its second solution provider for the country’s upcoming real-time payments system. In response…
Canadian Startup News
Following partnership with Loblaw, Gatik receives nearly $1 million from Ontario government
Gatik, a California and Toronto-based autotech startup, has received $997,000 from the Government of Ontario to accelerate…
General Assembly Pizza files preliminary prospectus to go public via the TSXV
Toronto-based restaurant turned pizza subscription service General Assembly Pizza (GA Pizza) has filed to become a publicly…
Today in funding: Rivalry, Hardbacon, Facedrive, DataJoy, Mavennet
Five Canadian-associated startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on…
Ocean Supercluster commits $12 million to real-time analytics for aquaculture project
The Atlantic Canada-based Ocean Supercluster has committed close to $12 million to a project focused on providing real-time…
Information Venture Partners adds former Georgian investor Jane Podbelskaya as it continues to expand team
Toronto-based venture capital and private equity firm Information Venture Partners (Information VP) has appointed Jane Podbelskaya…
Applications open for Techstars Montréal AI Accelerator
Applications for Techstars’ Montréal AI Accelerator are now open until May 12. The Montreal-based accelerator is open to…
Today in funding: Goodfood, TRADE X, Peak Power, Novarc Technologies, Innovate BC
Four Canadian tech companies and three tech-focused research projects have recently secured funding, including Goodfood, TRADE…
Clearbanc expands reach of revenue financing model with new product for early-stage founders
Clearbanc is currently testing out a new product in public beta, ClearAngel, that will allow companies at the earliest stages…
CPPIB CEO steps down after travelling abroad to get COVID-19 vaccine
Mark Machin has resigned from his role as the CEO of the Canada Pension Plan Investment Board (CPPIB) after it emerged Thursday…
HYAS looks to develop cybersecurity product with $20 million CAD Series B round
Victoria-based cybersecurity startup HYAS has raised a $20 million CAD ($16 million USD) Series B round of funding as it looks…
Alberta 2021 budget includes funding for tech sector as part of overall economic recovery plan
The government of Alberta has released its fiscal budget for the years 2021-22, which earmarked some funding for the province’s…
Loop Insights, Nano One Materials, Converge Technology Solutions among TSX Venture’s Top 50 companies
The TSX Venture Exchange has revealed its 50 top-performing companies of 2020, including several notable Canadian tech companies…
Feds propose changes to wage, rent subsidies meant to increase flexibility around revenue requirements
Yesterday, the Department of Finance released two draft legislative proposals to implement technical amendments to the Canada…
Galvanize to be acquired by Diligent for reported $1 billion USD
Risk management and compliance software company Galvanize is set to be acquired by Diligent Corporation, a corporate governance…