Brim Financial closes $85-million Series C led by EDC to fund US expansion
FinTech firm fuels up to accelerate growth south of the border.
Canadian Startup News
Lightspeed reduces staff by 10 percent in suite of cost-cutting steps following Dax Dasilva’s return
Layoffs part of company’s reorganization strategy following a disappointing response to Q3 earnings.
Startup Open House returns to its roots after acquisition by MTL NewTech
The one-day showcase is hoped to draw up to 900 attendees.
“The stakes are high”: CCI report calls on feds, provinces to revamp approach to buying from Canadian tech companies
CCI argues public procurement improvements could help correct Canada’s “historic innovation underperformance.”
Siri Agrell joins BetaKit as CEO
Seasoned Canadian journalist and tech ecosystem leader joins as BetaKit’s new CEO.
With latest funding and Scotiabank partnership, Willful sets its sights on profitability
After launching in PEI and Newfoundland in January, Willful now serves all 10 provinces.
BeniPlus secures $1.1 million to simplify employee benefits
BeniPlus offers a wallet system for employees to allocate benefits depending on their needs.
Cohere’s Aidan Gomez talks scaling AI for enterprise, Vinod Khosla explores risk-taking at CIX Summit 2024
Opening night covered AI adoption, risk-taking in venture capital, and bipedal robots.
Feds, Québec commit $16 million to create an AI computing cluster at Université Laval
The funding follows recent calls to increase Canada’s AI computing power.
Recon Instruments founder unveils new AR swim goggles
Form’s Smart Swim 2 features heart rate monitor, digital compass.
Helika launches $50-million accelerator for Web3 and traditional gaming studios
Helika secured $10.8 million CAD in Series A funding last month.
Nuvei to be acquired by US-based Advent and taken private in $6.3-billion USD deal
Nuvei will become the latest in string of publicly traded Canadian tech companies to go private.
Carbonova secures $6 million to turn GHGs into carbon nanofibres
Alberta firm fuels up to expand its commercial production capabilities.
These B2B software companies are hiring in Canada
Visier, ShyftLabs, Autodesk are all looking to beef up their Canadian teams.
WonderFi responds as shareholders Kaos Capital, Mogo push for board overhaul
Kaos and Mogo want board changes. WonderFi claims Mogo wants control without paying a premium.