Shopify merchants generate $5.1 billion USD over Black Friday, Cyber Monday weekend
Shopify merchants generated over $5.1 billion USD in sales worldwide during Black Friday and Cyber Monday, according to data…
Canadian Startup News
Event platform Planned raises $4.7 million as it hopes for return to in-person events
Montreal-based corporate event platform startup Planned has raised $4.7 million CAD in venture financing led by Inovia Capital,…
Fall Economic Statement includes CEWS increase, SIF funding, other implications for tech sector
According to the federal government’s Fall Economic Statement, the national deficit is expected to reach $381 billion for…
PICTURESTART founder and CEO Erik Feig joins Wattpad Studios as advisor
Wattpad Studios, the film and television production arm of Toronto-based Wattpad, has brought on Erik Feig, founder and CEO…
A vaccine is coming, but the data’s still viral
The big national news last week was the federal government appointing a general to oversee the rollout of the COVID-19 vaccine.…
Element AI to be acquired by ServiceNow
Montrêal-based Element AI is set to be acquired by California software company ServiceNow. ServiceNow announced the deal Monday,…
BC Tech closes Innovation Hub as federal funding expires
Earlier this week, the BC Tech Association announced the 26,000 square-foot BC Tech Innovation Hub is set to close at the end…
Expensify CEO David Barrett on why startup founders should ignore the ‘experts’
After David Barrett sold his first startup, he wanted to give back to people in need in his community. He decided to make a…
BC venture deal volume dropped to new low in Q3, but total funding shows a healthy ecosystem
Although the number of venture deals in British Columbia fell significantly in the third quarter of 2020, total funding raised…
Report finds entrepreneur stereotypes perpetuate gender bias, barriers for women
A new report from the Women Entrepreneurship Knowledge Hub (WEKH) suggests that stereotypes associated with entrepreneurship…
Five Atlantic Canada startups receive $25,000, chosen for latest Volta cohort
Halifax-based innovation hub Volta has announced that five early-stage startups will each receive $25,000 and join the fall…
Today in acquisitions: Tulip, Intelex, SalesRight, Robin
Over the past week, five Canadian tech startups have been involved in acquisition deals, including Tulip, Intelex, ehsAI, SalesRight,…
Xanadu, MaRS, Creative Destruction Lab launch Canada’s first quantum network
Toronto-based quantum computing startup Xanadu, in partnership with MaRS and Creative Destruction Lab (CDL), announced this…
Q3 2020 venture capital investment in Canadian tech lowest in two years, CVCA finds
Venture capital investment in Canada took a major dip in the third quarter (Q3) of 2020, according to the Canadian Venture…
Toronto venture funding in Q3 rebounds following disappointing first half of 2020
Following two disappointing quarters for venture funding of startups in the Greater Toronto Area (GTA), funding in the region…