QuadrigaCX owes its clients $250 million CAD that the company cannot access
In 2018, Vancouver-based QuadrigaCX was one of Canada’s largest crypto exchanges, now in 2019, the company is beset by…
Canadian Startup News
Relay Ventures promotes Jake Cassaday to partner
Early-stage VC firm Relay Ventures has announced the promotion of Jake Cassaday from associate partner to partner. Cassaday…
Motorleaf partners with greenhouse supplier Cultilene to provide AI to growers
Montreal-based startup Motorleaf has announced a partnership with Dutch greenhouse supplier Cultilene, to offer commercial…
Vector Institute to offer $17,500 AI master’s scholarships in Ontario
The Vector Institute announced Friday, it will award up to 115 scholarships to students who are pursuing a full-time AI-related…
Despite growth and optimism, businesses are losing out due to talent shortage, report finds
According to the 2019 Hays Canada Salary Guide released last month, two-thirds of employers anticipate the thriving economy…
OSMO receives $1 million from National Bank to support Montreal startup ecosystem
The OSMO Foundation announced Thursday it has received a $1 million contribution from National Bank in a partnership that looks…
Ritual announces international expansion into UK and Australia
Toronto-based food ordering app Ritual has expanded internationally into the UK and Australia, with further plans to move into…
Government providing $500,000 for innovative businesses in Québec
The Government of Canada this week announced the launch of the Canada Economic Development (CED) for Québec Regions Fast Forward…
Limelight Platform appoints Shawn Naggiar as new president and COO
Former Act-On Software executive, Shawn Naggiar, is joining Toronto-based Limelight Platform as president and COO, to lead…
FedDev invests $615,000 in Canadian startup assisting first responders
An Ottawa-based startup is receiving $615,000 in funding from FedDev Ontario, one of the federal government’s regional development…
Engagement platform Thoughtexchange raises $4 million
Rossland, B.C.-based startup engagement platform Thoughtexchange announced on Thursday, the closing of an approximate $4 million round…
Coinsquare lays off 40 employees, including key executives
Toronto-based Coinsquare laid off a significant portion of the company today, BetaKit has learned. Multiple sources placed…
Toronto-based Vouchr joins Wells Fargo Startup Accelerator
Vouchr, the Toronto-based developer of a digital gifting platform, has joined the Wells Fargo Startup Accelerator, which aims…
Microsoft investing $1 million in Québec ecosystem, announces Le Camp incubator partnership
Microsoft Canada announced a partnership Wednesday with Le Camp, a business incubator and accelerator in Québec city, with…
Scalar named a member of cyber security contract for Canadian Army
Scalar Decisions Inc., an IT solutions company, announced Wednesday it is partaking in a cybersecurity engineering contract…