Canadian startup news of the week (5/02/21)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
toronto
Google opens applications for new Canadian cloud accelerator
Google Canada has opened applications for the first cohort of its new accelerator program for cloud-native Canadian tech startups.…
H|T: The Healthtech Times – Virtual therapists
The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe. Subscribe to H|T using…
R|T: The Retail Times – Shopify pins new markets
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe. Subscribe to R|T using…
Newton had an outage and now users are complaining their transactions are pending
Toronto-based cryptocurrency exchange Newton recently experienced an outage to its platform related to a cyberattack affecting…
Large deals fuelled Calgary’s healthy 2020, but Western Canada could have an early-stage funding problem
Although Calgary tech startups raised more venture funding through more deals in 2020 than in the year prior, a lack of early-stage…
Today in funding: Cape Privacy, Plooto, Lumeto, ReelData, Heirlume, Axya
Six Canadian tech startups have recently secured fresh funding rounds to fuel their growth. Hereâs the latest on who raised,…
Magnet Forensics increases TSX IPO target, aiming to raise $100 million
Kitchener-Waterlooâs Magnet Forensics is now looking to raise just over $100 million CAD through its upcoming initial public…
Shopify helped generate $307 billion in economic activity last year amid pandemicâs impact on retail
Global economic activity from merchants on Shopify reached $307 billion in 2020, according to a new report released by the…
Following IPO, Thinkific CEO sees more opportunity to scale
Vancouver-based Thinkific Labsâ co-founder and CEO Greg Smith sees a âhuge opportunityâ in scaling to meet the growing…
Elevate, Moneris unveil startups participating in first cohort of eCommerce North accelerator
Toronto event-turned-tech hub Elevate and payment processing firm Moneris have announced the 10 startups joining the first…
Vena raises $300 million from Vista Equity Partners
Financial planning startup Vena has raised $300 million CAD in Series C funding from Vista Equity Partners. The Series C round…
Thinkific closes TSX IPO, raising $160 million
Vancouverâs Thinkific Labs has closed its previously announced initial public offering (IPO) on the Toronto Stock Exchange…
S|W: The SaaS Weekly – Social media’s next generation
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Archangel completes first close of $10 million to support early-stage Canadian tech startups
Waterloo-based angel investor network Archangel has announced its first close of $10 million CAD. The Archangel Network of…