Bridgit raises $1.5 million from CIBC Innovation Banking
Kitchener-based Bridgit, a project management platform for construction businesses, has received $1.5 million in debt growth…
Canadian Startup News
Wattpad Books partnership with Penguin Random House marks first expansion into Europe
Toronto-based Wattpad has announced is Books arm is partnering with publishing giant Penguin Random House UK to bring the platform’s…
BlueRock Therapeutics remains committed to Toronto following $1 billion USD acquisition
On Thursday, it was announced that BlueRock Therapeutics, a stem cell-focused biotech company with operations in Toronto, is…
Kids Code Jeunesse receives $8.1 million CanCode investment
Kids Code Jeunesse, a Montreal-founded non-profit teaching children to code, has received an $8.1 million investment from the…
BDC commits $10 million to “first-if-its-kind” clean energy program
The Businesses Development Bank of Canada (BDC) has committed $10 million to support companies under the federal government-run…
HalTech receives $307,000 to create accelerator for women entrepreneurs
HalTech Regional Innovation Centre, based in Burlington, Ont., will receive around $307,000 from the federal government to…
Elevate acquires Startup Open House
Toronto-based tech festival Elevate has acquired Startup Open House, the biggest tech community open house in Canada. Terms…
Wholesale local food platform FreshSpoke raises $550,000 seed round
FreshSpoke, a wholesale local food software platform provider based in Barrie, Ont., has raised a $550,000 seed round. The…
Four Manitoba-based life sciences projects receive $5.9 million from federal government
Four Manitoba-based startups are receiving a combined $5.9 million from the federal government to support future growth opportunities…
Canadians want innovative healthtech, but worry about slow adoption
The majority of Canadians are wanting a more tech-driven healthcare system, but not all of them are confident about Canada’s…
Lightspeed reports 38 percent revenue growth in Q1 2019
Montreal-based Lightspeed has released its financial results for the fiscal first quarter, ending June 30, 2019. The now-public…
VentureLAB receives $1.7 million from FedDev Ontario to boost women representation in tech
Markham-based tech incubator VentureLAB has received a $1.7 million investment from the federal government through FedDev Ontario.…
Seven Manitoba tech companies receive $7.4 million in loans from federal government
Seven organizations based in the province of Manitoba have received a collective $7.4 million in loans from the federal government.…
FreshBooks raises “most significant investment so far” from JPMorgan Chase
Toronto-based cloud accounting software FreshBooks has announced that JPMorgan Chase & Co. has made a strategic investment…
Government of Canada’s chief information officer Alex Benay leaves to join Mindbridge
Alex Benay, the Government of Canada’s chief information officer (CIO), has announced he is leaving his post to join…