Ontario enacts temporary change to layoff regulations to help businesses with recovery
On Monday, the Ontario provincial government announced temporary changes to its labour laws, a move its hopes will protect…
Canadian Startup News
How Tech Can Help During COVID-19, From a Doctor Who Runs a Startup
It’s easy for founders to feel trapped when a global crisis like COVID-19 hits. Compared to the loss that others are facing,…
Ritual reportedly raises $29.8 million CAD following COVID-19 layoffs
Toronto-based food ordering and mobile pickup startup Ritual has reportedly raised $29.8 million CAD ($22 million USD) from…
Sonic Incytes raises $3.5 million seed round to commercialize liver health assessment device
Sonic Incytes, a medical device startup based in Vancouver, has raised a $3.5 million CAD seed round. This startup’s funding…
Tugboat Logic closes $10.8 million CAD led by Inovia Capital
Tugboat Logic, which provides automated tech for the security assurance market, has raised a $10.8 million CAD ($8 million…
Spiderwort closes $3.4 million CAD in seed financing
Spiderwort, an Ottawa-based healthtech and biomaterials startup, has raised a seed round of funding at $3.4 million CAD ($2.5…
Material science company Trusscore raises $5.33 million seed round
Trusscore, a material science company that combines sustainable materials and nanotechnology, has raised a $5.33 million CAD…
Clearpath Robotics raises $40 million CAD Series C for industrial robot division
Waterloo-based Clearpath Robotics has raised a $40 million CAD ($29 million USD) Series C round. The capital will be used to…
Canadian angel groups mixed on capital availability in COVID-19 world
As COVID-19 forces angel investor groups to move their activities online, industry leaders have mixed views about the outlook…
MaRS shares tribute following the passing of IAF managing director Barry Gekiere
Barry Gekiere, the managing director for the MaRS Investment Accelerator Fund (IAF) and longtime member of the Canadian venture…
Creative Destruction Lab officially kicks off COVID-19 recovery program
Earlier this week, Creative Destruction Lab (CDL) officially launched its new program, CDL Recovery, focused on transforming…
15 percent of Canadian occupations to decline by 2030, says Brookfield Institute
Fifteen percent of Canadians are currently working in occupations projected to decline by the year 2030, while 19 percent are…
Scale AI invests $10 million to create ten AI university chairs across Canada
Québec-based artificial intelligence (AI) supercluster Scale AI is investing $10 million to support the creation of at least…
BehrTech receives $3 million grant to build industrial IoT lab in Toronto
Toronto-based BehrTech, a startup that develops wireless connectivity products for the Internet of Things (IoT), has received…
Element AI launches new collaborations in Singapore, South Korea
Element AI has launched two new artificial intelligence (AI) collaborations in Asia-Pacific, one with a South Korean investment…