Today in funding: Dapper Labs, FleetOps, Plurilock, Fortai
Four Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much,…
Canadian Startup News
Wealthsimple receives conditional approval from regulators to test crypto platform
Toronto-based FinTech startup Wealthsimple has received conditional approval from the Canadian Securities Administrators’…
New Volta CEO optimistic about Atlantic Canada’s recovery from COVID-19
Martha Casey has been named the new CEO of Atlantic Canada innovation hub Volta. Casey has been the interim CEO of the hub…
Amii among three orgs receiving $10 million from Alberta government for cleantech projects
The Alberta Machine Intelligence Institute (Amii) is among three organizations receiving a cumulative $10 million investment…
Canadian tech says continued IRAP IAP funding “critical” to sustaining business amid pandemic
Following the extension of the emergency wage subsidy to December, the Canadian tech sector is hoping to pressure the federal…
Yourgene to acquire BC BioTech Coastal Genomics for up to $17.9 million CAD
Coastal Genomics, a Burnaby, British Columbia-based BioTech engineering startup, is set to be acquired by the United Kingdom’s…
Lightspeed shows strong growth YoY, but revenues flat after COVID-19 quarter
Lightspeed POS has reported strong year-over-year growth as revenue and customer growth stayed flat due to the COVID-19 pandemic.…
Digital Technology Supercluster invests $30 million in 17 projects through COVID-19 program
The British Columbia-based Digital Technology Supercluster has announced a cumulative investment of approximately $30 million…
Canada Learning Code launches K-12 computer science education framework
Canada Learning Code, a non-profit organization that promotes digital literacy education, has unveiled a new national computer…
Platterz raises $43.8 million CAD Series B, rebrands to Thriver as company pivots post-pandemic
Toronto-based corporate catering startup Platterz has rebranded to Thriver following a $43.8 million CAD ($33 million USD)…
Lightspeed launches new SMB loan offering with payments giant Stripe
Lightspeed POS has launched Lightspeed Capital, a new offering that provides flexible loans to help US-based merchants invest…
Ocean Supercluster launches $29 million Ocean Aware project
The Atlantic Canada-based Ocean Supercluster has launched Ocean Aware, a new project intended to develop and commercialize…
Federal government commits $78 million to new COVID-19 vaccine trials and research
The federal government announced several funding commitments earlier today to support COVID-19 vaccine development. The funding…
How SAFEs can be dangerous: what early-stage entrepreneurs should know
As a VC, lawyer, and entrepreneur, I’ve seen the good, the bad, and the ugly of issuing SAFEs. The Simple Agreement for Future…
TouchBistro acquires TableUp to launch new loyalty solution for restaurants
Toronto-based TouchBistro has acquired TableUp, a Boston-based startup that provides loyalty and marketing solutions for the…