Chris Albinson departs as Communitech CEO but keeps reins of True North Fund
True North Fund announces second close with three unnamed investments to date.
Canadian Startup News
While US moves forward on open banking, Canadian FinTechs met with more “zombie” discourse
Float CEO argues Canada’s reluctance to implement open banking is hurting SMBs.
Shopify combines its financial solutions into one dashboard
Canadian merchants can currently use two of Shopify’s five Finance offerings.
Invest Nova Scotia has recovered most of stolen funds following summer scam
Justice Department helped return majority of $573,000 lost to email breach and phishing attack.
Canadian-founded, YC-backed Revyl closes $1.5 million CAD to help companies catch bugs with AI
Uber experiment leads to bug-solving spinout built to replicate end-user testing.
BC tech leaders look to reconnect at BetaKit Town Hall: Vancouver
A pulse check with local leaders on BC tech and where it goes next.
Québecʼs tech ecosystem is now valued close to $95 billion CAD. Here’s who’s likely to hire soon
For talented job seekers in Québec, the opportunities are heating up.
Panache Ventures partner Chris Neumann to depart VC firm, Sarah Willson promoted to principal
Partner Patrick Lor to lead Panache’s efforts in Western Canada going forward.
Montréal healthtech startup with transatlantic ties raises $43 million CAD for RNA-based cancer immunotherapies
Investissement Québec and Fonds FTQ supported Epitopea’s pre-Series A round.
CABHI and EnvisAGE unveil funding programs for Canadian AgeTech startups
EnvisAGE dispensed $5 million to 16 projects while CABHI opened applications for a new accelerator program.
Parachute closes $1.5 million to help struggling Canadians improve their financial health
Decades after filing for bankruptcy, Bruce Hodges aims to give Canadians another option.
Planetary Technologies secures $15.8-million CAD Series A to alkalize the oceans and fight climate change
Startup’s platform claims to to enhance the ocean’s ability to remove carbon dioxide from the atmosphere.
Moment Energy secures $28.1 million CAD from US Department of Energy to establish gigafactory in Texas
New facility is expected to produce one gigawatt hour annually, enough to power over 750,000 homes.
Applications open for federal SMB programs aimed at AI adoption
The $300 million programs are part of the 2024 federal budget’s $2.4 billion AI package.
Plooto appoints John McLane as new CEO
Toronto FinTech scaleup has reshaped its team with recent hires and restructured workforce.