NGen Supercluster nears two-thirds of $230 million budget committed with new COVID-19 supply projects
The Next Generation Manufacturing Canada (NGen) Supercluster has announced over $27 million CAD in manufacturing tech projects…
Canadian Startup News
SAP Canada to expand to new Montréal office, bring headcount in city to 1,000 with new hires
Global enterprise software firm SAP Canada is growing its Quebec presence with a new office and hires in Montréal. The new…
Eli raises $1.9 million CAD in seed funding to develop at-home hormone monitoring tech
Eli Science Inc. has raised a $1.9 million CAD ($1.5 million USD) seed round to target the historically underserved women’s…
Pandemic, floorspace expansion delay opening of Toronto’s Indigenous Centre for Innovation and Entrepreneurship until 2022
Toronto’s Indigenous Centre for Innovation and Entrepreneurship (ICIE) is now expected to open in 2022, following delays…
Paystone secures $69 million as company chases acquisitive growth strategy
Paystone, a London, Ontario and Montreal-based startup that offers customer engagement and payment processing software, has…
Vancouver’s Autozen raises $4.2 million CAD to simplify private auto sales
Autozen, an online marketplace that aims to make it easier for car owners to sell their vehicles, has emerged from stealth…
Following Wattpad acquisition, CEO Allen Lau says “I’m not done yet”
Following the news of Wattpad’s acquisition, which will see it purchased by South Korea’s Naver Corp., CEO Allen Lau…
Two nonprofit FinTech programs join forces as Fintech Cadence acquires Innovate Financial Health
Innovate Financial Health (IFH), a nonprofit that aims to support technology that improves financial health, has been acquired…
Shopify’s Deplatforming Policy
Canada’s most valuable company just booted the outgoing US leader off of its platform. Let’s talk about why, how,…
Wattpad to be acquired by South Korea’s Naver Corp. for $754 million CAD
Wattpad is set to be acquired by South Korean internet company Naver Corp. for an estimated $754 million CAD ($600 million…
Benevity’s Bryan de Lottinville to step down from CEO role for second time in the last year
Benevity’s founding CEO, Bryan de Lottinville, is stepping away from the leadership role – for the second time…
Think Research to acquire continuing medical education company MDBriefCase
Virtual care company Think Research is set to acquire fellow Toronto-based company MDBriefCase, for a total value of $25.3…
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)…
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…