Today in company updates: Top Hat, Hootsuite, District M
This week, several Canadian startups have made announcements — launching new features, hiring new members, and more. Here’s…
Canadian Startup News
With Janet Bannister now on board, VarageSale touts traction as it seeks revenue (and funding)
In early January 2016, VarageSale, which had raised a massive $34 million Series B the year before, laid off 30 staff on the…
TechAide challenges Montreal’s tech community to face AI in charity poker tournament
While Montreal might be one of the biggest and most progressive cities in Canada, it is also the most impoverished metropolitan…
OMX receives investment from Lockheed Martin for international expansion
Toronto-based OMX, an online platform that helps companies working on government contracts track their compliance with agreements,…
Report: Canada has no problem securing patents, but struggles with commercialization
A new study by the Impact Centre at the University of Toronto suggests that Canada doesn’t have a problem securing patents…
Oneiric’s Emily Rudow wants to break a world record and raise $10,000 for cancer research
Toronto-based Oneiric is taking its efforts to raise money to fight cancer to the next level. As of yesterday, Emily Rudow,…
Alberta Women Entrepreneurs celebrating province’s business leaders with awards ceremony
On May 18, Alberta Women Entrepreneurs (AWE), a not-for-profit organization dedicated to encouraging women to build and grow…
Men’s clothing platform Bonsai raises $2.5 million seed round to scale technology arm
Toronto-based Bonsai, an online shopping platform that offers men’s brands, has just raised $2.5 million in seed funding.…
OCE Discovery panel says Canadian gov’t must provide “sustained” support to AI industry
On May 15 and May 16, the Ontario Centres of Excellence (OCE) hosted OCE Discovery at the Metro Toronto Convention Centre to…
CanCon Podcast Ep. 67: Is Vancouver Canada’s next great tech hub?
This week, the CanCon Podcast hit the road and landed in Vancouver. BetaKit Editor in Chief, Douglas Soltys, sits down with…
Magnet Forensics launches Magnet.AI to fight child exploitation
Jad Saliba, founder and CTO of Waterloo-based Magnet Forensics, was working as a police officer in Waterloo, when a cancer…
National Bank partners with IVADO to support Montreal’s data science ecosystem
National Bank and IVADO — a joint initiative between HEC Montréal, Polytechnique Montréal, and the Université de Montréal…
Startup Canada Podcast: WatchMojo founder on growing a digital empire
As the new millennium rolled in over 17 years ago, digital technology only grew, giving entrepreneurs the opportunity to start…
Nymi raises $20 million Series B, founder Karl Martin moves back to CEO role
Nymi has raised a CAD $20 million Series B from GII Tech in Dubai, with participation from Nymi’s Series A investors…
Edmonton-based Jobber opens Toronto office to tap into sales and marketing talent
A year and a half after it announced an $8 million Series A, Jobber has opened a Toronto sales office as it focuses on growth.…