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…
Canadian Startup News
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…
BusPatrol opens Montreal R&D centre, plans to create 150 jobs over two years
US-based startup BusPatrol, which specializes in school transportation safety, has announced the official opening of its downtown…
Clean Works Medical, Pure Life Machinery receive $2 million from Ontario’s COVID-19 fund to sanitize PPE
Beamsville, Ontario-based Clean Works Medical and Pure Life Machinery have received a $2 million investment from the province…
Two Canadian startups among Holt FinTech Accelerator’s 2020 cohort
Montreal-based Holt FinTech Accelerator has revealed the startups part of its 2020 cohort. The third in its history, the accelerator…
How Startupfest pivoted from Canadian tech summer camp to a ‘hybrid’ event
Unlike other major tech events in Canada, which look to attract the world’s attention (RIP Elevate), Startupfest has a unique…