New government-backed tech hub The Foundry launches in PEI
New hub backed with more than $1.5 million in federal and provincial funding.
Canadian Startup News
Shopify expands Affirm partnership to bring BNPL offering to Canadian merchants
Affirm has powered Shop Pay Installments for US-based merchants since 2021.
Former Toronto Raptor Pascal Siakam teams up with DMZ to launch EdTech accelerator
NBA Champion and Toronto tech hub aim to give early-stage EdTech startups a boost.
FinTech startup Reach sells majority stake to US-based Primus Capital
Calgary company looks to expand global reach and help clients navigate tariffs with new PE owner.
Reverb Therapeutics closes $17-million seed round led by Amplitude Ventures
Reverb looks to treat cancer and autoimmune diseases with its antibody modification platform.
Kraken Robotics emerges from the deep to take top spot on 2025 TSX Venture 50 list
The mining sector dominated the list, with a combined 12 tech companies making the cut.
Ocean innovator and Kraken Robotics founder Karl Kenny passes away at age 64
Kenny founded numerous Atlantic Canada tech companies before retiring in 2022.
The data behind smart US expansion
The C100’s Geoff Baum on the mistake most startups make when heading south.
Megadeals kept Canadian VC funding afloat in 2024: report
Clio’s historic Series F round prevented Canada’s VC funding totals from dropping six percent year-over-year.
Certn and Quadshift secure capital from BDC Capital’s topped-up funds
Funding follows apparent departure of Certn president less than a year into the job.
Local leaders launch Toronto Tech Week to accelerate city’s ambitions
New annual event financially backed by City, Google Cloud, and Shopify, with support of over 40 community partners.
BDC Capital targets late-stage tech companies with nearly $1 billion in new fund commitments
Investment bank’s Growth Venture Fund will now directly invest in Canadian tech companies.
Glassbox announces $1.65 million in funding to “reimagine the spreadsheet” for corporate finance
Ex-investment banker aims to help former peers build financial models faster with AI.
Toronto and Waterloo Region orgs get $34 million in FedDev funding
Accelerator Centre, TIAP, OBIO, and University of Waterloo among supported organizations.
Clio donates $3 million to create new innovation hub at the University of British Columbia
Space will serve as the formal Vancouver home of Creative Destruction Lab.