Following layoffs, Sensibill secures $5 million in debt financing
Many Canadian startups have faced challenges of late due to the economic impacts of COVID-19. Receipt management app Sensibill…
Canadian Startup News
Jon French departs NEXT Canada to take entrepreneurship role at University of Toronto
Jon French, who has long held a senior leadership position at NEXT Canada, has departed his role with the Toronto-based accelerator.…
Group of Shopify volunteers create free COVID-19 contact tracing app
A group of Shopify volunteers have created COVID Shield, an app that offers COVID-19 exposure notifications, aimed at helping…
Two Northern Ontario teams selected to receive funding from Vale COVID-19 Challenge
Two Canadian solutions are among the eleven winners of the Vale COVID-19 Challenge, a competition collectively offering up…
Volta launches program to help Atlantic Canada founders navigate COVID-19 recovery
Atlantic Canada innovation hub Volta is opening applications for a new six-week program led by various industry experts to…
Nuclear medicine startup ARTMS Products raises $26.4 million CAD Series A
Vancouver-based startup ARTMS Products, which produces medical isotopes, has raised a $26.4 million CAD ($19 million USD) Series…
Lightspeed sees record uptake amid COVID-19 despite concerns over reduced demand
Montreal-based Lightspeed POS has released its financial results for the fiscal fourth quarter and full fiscal year, both ending…
CI Financial extends ownership of WealthBar to 100 percent of the robo-advisor startup
Vancouver-based robo advisor startup WealthBar has been fully acquired by one of Canada’s largest wealth management firms,…
Startup Canada’s Canadian Export Challenge to be held virtually due to COVID-19
Startup Canada has announced the second annual Canadian Export Challenge (CXC), a competition for entrepreneurs to pitch and…
Platform Calgary receives $30,000 from federal government for summer incubator program
Platform Calgary, an organization that offers access to space, programming, and advocacy for startups based in the city, has…
Shopify moving "vast majority" of employees to permanent remote work
Shopify has announced that it is now a “digital by default” company, meaning the majority of its employees will permanently…
Microsoft, Dream Legacy Foundation partner to support underrepresented founders
Microsoft for Startups Canada has entered into a new partnership with Dream Legacy Foundation in order to support diverse founders…
Report: One-quarter of Canadian startups have made layoffs amid COVID-19
Nearly one-quarter of Canadian startups have made layoffs in the wake of the COVID-19 pandemic, representing 5.5 percent of…
Alberta Enterprise Corporation launches $10 million Accelerate Fund III
Alberta Enterprise Corporation has launched its third early-stage angel co-investment fund with a $10 million investment. BetaKit…
Shopify to offer business account, card, and rewards program with new Shopify Balance
Canadian E-commerce giant Shopify has expanded its financial services offering with the launch of Shopify Balance, a banking…