Vancouver e-commerce brand KITS Eyecare closes $55 million IPO, begins trading on TSX
Vancouver e-commerce retailer KITS Eyecare, a digital eyewear company, has closed a $55 million initial public offering (IPO)…
Canadian Startup News
As accessibility compliance deadline looms, CNIB, Ottawa firm partner to offer website audits to businesses
An Ottawa-based web design firm, Craft&Crew, has partnered with the Canadian National Institute for the Blind (CNIB) to…
Bold Commerce raises $35 million CAD Series B backed by OMERS
Once known only as Shopify’s largest app developer, Winnipeg-based Bold Commerce is hoping a $35 million CAD ($27 million…
Ottawa cloud backup startup Rewind raises $19 million CAD Series A
Ottawa-based Rewind has closed a $19 million CAD ($15 million USD) Series A round of financing as it looks to capitalize on…
Report: As optimism increases among Canadian entrepreneurs, tech sector spending expected to decline
A new report from the Business Development Bank of Canada (BDC) indicates an increase in optimism about the Canadian economy…
Hopeful raises $400,000 to help nonprofits harness data
The nonprofit sector contributes billions of dollars to communities across Canada and to the country’s economy as a whole.…
UBC, UNB receive funding from feds, Bell for innovation programming
The Government of Canada and Bell each recently announced planned investments in cleantech and cybersecurity development totalling…
New mandate letters put continued focus on COVID-19 for innovation, small business, economic ministers
Newly released ministerial mandate letters released Friday point to a continued focus on supporting businesses throughout the…
ServiceNow closes $230 million USD acquisition of Montreal’s Element AI
California-based software company ServiceNow has officially acquired Element AI for “approximately” $230 million…
Today in Funding: PLATO, BreatheSuite, TrojAI
Three Atlantic Canada startups, PLATO, BreatheSuite, and TrojAI, have recently announced fresh funding rounds to fuel their…
Shopify awarded two merchant patents as company continues to ramp up IP activity
In recent weeks, Shopify was awarded two merchant patents by the United States Patent and Trademark Office (USPTO). The patent…
Australia-based Afterpay expands offering into Quebec as buy now, pay later space heats up
Australia-based Afterpay will now offer its services in French in a move to target the Quebec buy now, pay later (BNPL) market.…
FreshBooks founding CEO Mike McDerment steps down as executive director Don Epperson takes over
Mike McDerment, the founder and longtime CEO of accounting software company FreshBooks, has stepped down from his role and…
Today in Funding: Tokens.com, e-Zinc
Two Canadian startups, Tokens.com and e-Zinc, have recently announced fresh funding rounds to fuel their growth. Here’s the…
Review of 11 Canadian tech companies to watch in 2020
For the past few years, thanks to the team at BetaKit, I’ve had the opportunity to share my thoughts on some of the companies…