Shift closes $1 million CAD seed round, appoints first CEO
Victoria-based startup Shift has officially closed $1 million CAD in seed funding for its workplace productivity desktop app…
Canadian Startup News
Delphia launches platform to help consumers turn their data into investable capital
Toronto-based financial services software startup, Delphia, is publicly rolling out its first product, what it calls a “revolutionary…
Uberflip acquires interactive content creation platform SnapApp
Content experience platform Uberflip has acquired Boston-based SnapApp, an interactive content creation platform. Terms of…
Element AI launches newest standalone product, turning data into actionable insights
Element AI has launched its latest product, called Knowledge Scout, which organizes and manages data sets for manufacturers…
Shopify merchants generate $2.9 billion USD in sales over Black Friday, Cyber Monday
Shopify merchants generated more than $2.9 billion in sales worldwide during Black Friday and Cyber Monday, according to data…
North American banks expect to lose $88 billion in retail payments to FinTechs over 3 years
Financial incumbent banks are expected to lose up to 15 percent in retail payments revenue to FinTech competitors and challenger…
Portag3 sets sights on global FinTech market as it closes $427 million CAD Fund II
Portag3 Ventures has closed a $427 million CAD second fund, the largest FinTech-focused venture capital fund in Canada, and…
Wealthsimple to spin out advisory service into separate company
Toronto-based FinTech startup Wealthsimple is separating its direct to consumer and Wealthsimple for Advisors businesses and…
Bridgit opens first satellite office, looks to tap into Toronto’s talent pool
Bridgit, a startup developing software for the construction industry, has officially opened its first satellite office in Toronto.…
Digital Technology, ScaleAI Superclusters reveal latest projects
The Digital Technology Supercluster has announced its newest project, focused on water monitoring, revealing the organizations…
RBC launches environmental initiative to support cleantech innovations
Royal Bank of Canada (RBC) has launched a new initiative involving a coalition of charitable organizations and technology experts…
DLT Labs launches blockchain freight and payment network with Walmart Canada
Toronto-based blockchain startup DLT Labs is partnering with Walmart Canada to launch a blockchain-based freight and payment…
OrbCare files for bankruptcy after failing to find buyer, team launches new company instead
Toronto-based healthtech startup OrbCare has officially filed for bankruptcy after the startup failed to find a buyer during…
Today in acquisitions: Vocaprep, Race Roster
Over the past few weeks, two Canadian companies have been acquired by overseas firms. Here’s the latest on Canada’s movers…
Calgary tech companies unite to draw in more entrepreneurial talent
The Tech West Collective, an association of Alberta-based tech companies, is hosting its first networking event this month…