BrainBox AI raises $12 million ‘pre-Series A’ to expand into new markets
Montreal-based BrainBox AI, which has developed technology that allows a building’s heating, ventilation, and air conditioning…
Canadian Startup News
Black Swan #6 – Every startup’s a healthtech startup now
It’s not quite true that every startup in Canada has moved into the health space. But many have dipped their toes. There…
Coping ‘the right way’ during COVID-19
While every individual’s specific circumstance is unique, all of us are experiencing a variety of emotions right now including…
Perimeter Medical Imaging receives $10.4 million CAD grant, appoints new CEO, CFO
Toronto-based healthtech and artificial intelligence startup Perimeter Medical Imaging (PMI) has received a $10.4 million CAD…
SR&ED claims reduced due to federal COVID-19 assistance
A week ago, CEO of Venbridge Garron Helman wrote an article on how the recent government incentive programs could affect SR&ED…
Shopify launches consumer-facing shopping assistant app
Ottawa-based e-commerce company Shopify has launched Shop, a consumer-facing mobile assistant shopping app designed to create…
Juno College of Technology sells 12-acre campus, introduces Pay-What-You-Can ISA model amid COVID-19
Juno College of Technology has launched a “Pay-What-You-Can” Income Share Agreement (ISA) program, aimed at offering students…
Board communicated shutdown decision to OneEleven executive director
In an announcement published to its website last Wednesday, Toronto tech incubator OneEleven announced that it would be permanently…
Canadian coding schools urge feds to expand eligibility for COVID-19 student relief measures
Two Canadian coding schools, Lighthouse Labs and Juno College of Technology, are urging the federal government to include private…
Foodora to cease operations in Canada, citing highly saturated market
Restaurant meal delivery company Foodora will close its business in Canada after five years of operation. The company cited…
OMERS Ventures announces first transatlantic fund at $750 million USD
OMERS Ventures has announced its new $750 million USD fund, the first transatlantic commitment for the venture capital arm…
Applications open for 75% Canada Emergency Wage Subsidy
The federal government has opened applications for the Canada Emergency Wage Subsidy (CEWS), the $73 billion program aimed…
Bus.com taps Maxie Lafleur as CEO as startup modifies offering during COVID-19
Montreal-based Bus.com, which has created an online platform for bus rentals, has appointed Maxie Lafleur as the startup’s…
BDC Capital reveals more details on investment matching program for VC-backed companies
BDC Capital has revealed more details about its Bridge Financing Program that was announced earlier this month. The goal for…
Ada Support lays off 23 percent of staff amid uncertainty caused by pandemic
Ada Support, which provides an AI-powered chatbot platform for customer service teams, has permanently laid off 36 full-time…