With $73 million CAD, Symend closes one of the largest Series B rounds in recent Alberta history
Calgary-based Symend has raised a $73 million CAD ($52 million USD) Series B round of funding for its customer engagement platform…
Canadian Startup News
Fredericton’s Potential Motors raises $2.5 million seed round
Potential Motors, a startup based in Fredericton, New Brunswick that uses artificial intelligence (AI) to boost vehicle safety…
OneEleven asks startups for abated rent, then retracts, claiming “misunderstanding”
OneEleven startups are reeling over a notice sent to them today asking for the payment of rent they were previously told would…
Industry group presses for strong federal procurement strategy for Canada’s tech sector
Canadian technology industry association Technation is urging the federal government to dedicate a strong procurement strategy…
Black Swan #8 – Building the Canadian Shield
I need PPE. You need PPE. We all need PPE. Here’s a story about the Canadian startup that pivoted to provide. “I get…
Shopify begins expansion of fulfillment network to Canadian merchants amid COVID-19
Shopify has begun expanding its fulfillment network to Canadian merchants as the company continues to develop the product-market…
AlayaCare, Dialogue among projects receiving $3.4 million from Scale AI supercluster
Quebec-based artificial intelligence (AI) supercluster Scale AI has invested $3.4 million into eight projects that are focused…
Shopify sees 47 percent revenue growth in Q1 2020 amid impacts of COVID-19
Shopify has released its financial results for Q1 2020, the period which ended March 31, 2020. With a total revenue of $470…
As sales return, CareGuide looks to rehire furloughed staff following COVID-19 layoffs
Like many Canadian startups, CareGuide has felt the effects of the current COVID-19 pandemic. The Toronto-based company made…
Proptech startup Doorr raises $1.75 million seed round
Toronto-based proptech startup Doorr, which offers a mortgage platform for brokers and financial institutions, has raised $1.75…
Tehama raises $14 million CAD as it looks to address demand for remote working solutions
Tehama, an Ottawa-based startup that provides a cloud-based software solution for remote teams, has raised a $14 million CAD…
PointClickCare acquires analytics solution Co-Pilot from Consonus Healthcare
PointClickCare, which provides software solutions for the post-acute care and senior care markets, has acquired Co-Pilot, an…
Today in Hires: Hootsuite, Element AI
Recently, two Canadian tech companies have announced new members to their teams. Here’s a breakdown of who is joining and…
Online grocery startup Goodfood to open new fulfillment centre in Toronto
Montréal-based Goodfood Market, an online grocery and meal-kit startup, has signed a lease for a new first fulfillment centre…
Silicon Valley Bank appoints former PayPal president Paul Parisi as new head of Canada
Silicon Valley Bank (SVB), a United States-based commercial bank that helps fund tech startups, has appointed Paul Parisias…