Q3 2023 marked a three-year low for venture deal volume in Canada
VC investment fell 60 percent quarter-over-quarter, while seed-stage funding remained “robust.”
Canadian Startup News
TechBrew rebrands to 4AG Robotics, closes $17.5-million Series A to build mushroom-picking robots
Backed by BDC, InBC, and Emmertech, 4AG is gearing up to get its tech to farms.
Ambyint is repatriating its headquarters to Calgary after three years in Houston
Ambyint CEO says Alberta’s “strong tech ecosystem” fueled the move back to Canada.
BDC’s Thrive Lab announces 25 co-investment partners
$35 million envelope will target women-led businesses aligned with United Nations Sustainable Development Goals.
TSX-listed Q4 Inc. to go private with $257-million buyout by Sumeru Equity Partners
Q4 Inc. to join growing list of recent Canadian tech IPOs to change course.
New foodtech association looks to promote more sustainable seafood alternatives
Future Ocean Foods has 35 inaugural member companies, eight of which are Canadian.
Trio of Canadian tech companies show progress towards profitability in earnings this week
Thinkific hits positive EBITDA as Coveo and Mogo shrink losses.
Tokens.com slashes headcount by 40 percent in push to cut costs
Web3 firm is also exploring a potential sale of business segments.
These three Fast 500 companies are hiring software engineers in Canada
The Fast 500 lists North America’s fastest growing tech companies… and many are hiring.
Tax Court disqualifies government loan spending from SR&ED, with potentially devastating implications for Canadian tech
Recent ruling means startups can no longer “double dip” in government assistance.
VentureLab’s latest HardTech Summit explores barriers, opportunities facing Canadian deep tech startups
Event surveys state of play in Canada for hardware firms in medtech, AI, and other sectors.
Acuva, Brickeye, Intelligent City feature in Foresight’s top 50 cleantech ventures list
Ventures on the accelerator’s 2021, 2022 lists have collectively raised over $1.67 billion.
Recharge Véhicule Électrique raises over $7 million to expand at-home EV charging
RVE’s president says the funding will help free up 4,000 megawatts of power from the grid.
Report: Diversity gap persists in senior ranks of Canadian VC firms
BDC Capital data shows almost half of venture firms are entirely male owned.
Acton Capital closes $240-million USD Fund VI to invest in tech startups across Canada and Europe
Acton’s Canadian portfolio has included Chefs Plate, Clio, Knix Wear, Maple, and Mobify.