DeepMind opens second international lab in Montreal
Google’s DeepMind has announced the opening of its second international AI research laboratory in Montreal, just months…
Canadian Startup News
Canadian gov’t announces first of nine shortlisted superclusters in Atlantic region
The Canadian government has announced its first supercluster in Halifax, kicking off a cross-country tour of announcing shortlisted…
Payment Rails raises $1.1 million, adds ex-PayPal president as board advisor
Toronto-based Payment Rails, which provides an API platform for businesses to send payments to any individual or company around…
Drop launches in the US with $5.5 million from Sierra Ventures, Portag3
Toronto-based Drop, a mobile app that allows users to collect points on top of their usual loyalty programs, has launched in…
Swept raises $2.5 million to tackle employee turnover in the cleaning industry
Swept has raised a $2.5 million seed round led by iNovia Capital with Afore Capital. Swept initially launched as Clean Simple…
Nuco raises $27 million to build interoperable blockchain network
Toronto-based Nuco has raised $27 million CAD to build its interoperable blockchain network, called Aion. The goal is to build…
League adds RBCI, MetLife to roster of new insurance partners
League has announced new insurance partners along with the launch of new healthcare products and services. The company has…
W|W: The Wearable Weekly – Google’s Daydream
Welcome to The Wearable Weekly, your trusted guide to all things wearable tech. If you only have time to read one thing about…
Jones Media brings machine learning solution to marketers through Verve.AI acquisition
Jones Media announced that it’s acquired Verve.ai, a Toronto-based augmented intelligence data platform, from realSociable.…
Fredericton-based SomaDetect wins 43North $1 million grand prize
43North, a Buffalo, New York-based startup competition awarding $5 million in prizes, announced Fredericton-based SomaDetect…
OSC commits to continue working with FinTechs in annual report
The Ontario Securities Commission has published its annual report for 2017, doubling down on a commitment to work with FinTechs.…
Creative Destruction Lab appoints Sonia Sennik as executive director
University of Toronto’s Creative Destruction Lab has appointed Sonia Sennik as its inaugural executive director. Sennik…
Quebec Superior Court rejects demands to revoke Uber’s operational permit
Amidst news that Uber plans on leaving the province because of increased, more stringent regulation, the Quebec Superior Court…
Ask an Investor: How do I deploy Series A capital?
Welcome to a BetaKit weekly series designed to help startups and entrepreneurs. Each week, investors tackle the tough questions…
Minister Bill Morneau says gov’t addressing concerns with proposed tax changes
Finance Minister Bill Morneau plans to address “unintended consequences” of the government’s proposed tax…