New investor network ArchAngel launches fund in response to COVID-19
ArchAngel, a new network of investors in Kitchener-Waterloo, has launched an angel-stage fund to support Canada’s âhigh…
Canadian Startup News
OneEleven announces it is permanently ceasing operations
Toronto-based incubator OneEleven announced on Wednesday that it has permanently ceased operations due to economic impacts…
FreshBooks reduces headcount by 9%, CEO says company remains in âgrowth modeâ despite COVID-19
Toronto-based cloud-accounting software company FreshBooks has laid off 38 staff members, which represents nine percent of…
Sport technology startup Form raises $12 million Series A
Vancouver-based Form, a sport technology startup that has developed augmented reality swim goggles for athletes, has raised…
As applications open, here are the details of the new $250 million COVID-19 IRAP subsidy program
The National Research Council of Canada has opened applications for the Industrial Research Assistance Program (IRAP) COVID-19…
Sampler mobilizing consumers to sew medical masks for essential workers
Toronto-based Sampler has launched ComeTogetherTO, an initiative that aims to send 2,000 sewing kits to consumers with sewing…
Saskatchewan’s startup ecosystem will not bounce back like mature tech markets
Let me preface this post with the following: all opinions are my own; Iâm optimistic Saskatchewanâs tech ecosystem will…
E-grocery tech project receives $250,000 from Digital Technology Supercluster to build provincial system
Food-X Technologies, a SaaS startup in the grocery space, has received $250,000 from the Digital Technology Supercluster to…
Report: Number of Canadian startups significantly impacted by COVID-19 slightly higher than global average
According to a new report for Startup Genome, 58 percent of startups in Canada say their industry has been âaffected significantlyâ…
Clear Blue Technologies secures $5 million debt financing contract with BDC
Smart off-grid company Clear Blue Technologies has received $2 million from the Business Development Bank of Canada (BDC) as…
Applications for 75 percent wage subsidy to open April 27
On Tuesday, Prime Minister Justin Trudeau announced that applications for the Canada Emergency Wage Subsidy (CEWS) will open…
Tech reaction mixed to increased scrutiny on foreign investments as overseas buyers express interest
Reactions from members of the Canadian tech community have been mixed in regards to the federal government decision, last week,…
Innovate Edmonton loses VP, director of strategy as Edmonton Economic Development Corporation makes COVID-19 layoffs
The Edmonton Economic Development Corporation announced a second round of pandemic-related layoffs last week, citing an âunprecedented…
PocketHealth raises $9.1 million CAD in first round of funding
Toronto-based PocketHealth, which has developed a platform lets patients securely access and share medical imaging with doctors,…
CleanSlate UV raises $8.4 million CAD as COVID-19 increases demand for device sanitization
CleanSlate UV, a Toronto-based startup that offers a sanitizing product for mobile devices in hospitals, has raised a $8.4…