QuoteMachine adds $3.7 million in new funding to streamline the sales stack for merchants
The Montréal-based startup is led by Lightspeed alumni.
Canadian Startup News
Despite strong 2022 for cleantech, EDC report finds Canada lags peers on R&D spending, funding, converting startups to scaleups
VC investment in Canadian cleantech jumped 63 percent in 2022 despite a tough economy.
Blockchain payments firm Ripple is hiring software engineers in Canada
The San Francisco-based company is looking for software engineers in its Toronto office.
Canadian Council for Aboriginal Business receives $500,000 in federal funding to address barriers for Indigenous entrepreneurs
The new funding will help the CCAB promote the federal government’s 50-30 challenge.
Traffic management startup Miovision closes $36 million CAD, bringing latest round to $296 million
Amid acquisition spree, Miovision will use the funding to fuel organic and inorganic growth.
Workplace investigation platform Case IQ acquires hotline service Whistleblower Security
Case IQ sees telephone hotlines as a “crucial” element of case management intake.
“Cooler financing environment” leads StellarAlgo to restructure and make layoffs
Twenty-one employees laid off could represent nearly one quarter of Calgary startup’s headcount.
What Allen Lau learned from Wattpad’s $754-million acquisition
Co-founder shares M&A insights ahead of TechExit appearance on October 25.
Canada losing its appeal to Indian tech workers following diplomatic tensions, affordability challenges
Nearly half of the tech workers who moved to Canada between April 2022 and March 2023 originated from India.
Struggling, TSX-listed BBTV announces plan to become a private company
BBTV founder and CEO, Well Health CEO to privatize Vancouver firm.
University of Alberta targets $50 million with new innovation fund, announces first investment in AI system control startup
The university plans to reinvest returns from the donor-fuelled fund into “future innovations.”
With new funding, Astrus has secured $3.6 million CAD to date for its AI microchip design offering
Astrus wants to cut down the time-consuming analog microchip design process.
Restaurant software startup Snappy secures $7-million Series A round
As restaurants continue to digitize, Snappy’s new investor believes the solution is a flexible option for a “fractured…
Conexus, Emmertech alum Sean O’Connor joins TechBrew Robotics as CEO
TechBrew is an Emmertech portfolio firm that builds mushroom-picking robots.
Federal government commits $2.7 million to new education project through Women Entrepreneurship Strategy Ecosystem Fund
FAIR.E, launched this week, will provide entrepreneurship education programs to 1,800 women in six provinces.