As Naver closes $754 million CAD acquisition of Wattpad, Allen Lau is looking to scale
South Korean internet company Naver Corp. has officially acquired Wattpad for more than $754 million CAD ($600 million USD).…
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Google plans to build $735 million CAD data centre in Québec
Google has unveiled plans to build a proposed $735 million CAD data centre in Beauharnois, Québec. According to a company…
Aaron Zifkin departing from role as Lyft Canada’s managing director
Aaron Zifkin, the managing director of Canada for Lyft, is set to leave the role at the end of May. Zifkin announced the move…
Amazon to expand presence in British Columbia with five new locations
Amazon has revealed plans to expand its presence in the province of British Columbia. The e-commerce giant is opening five…
CTI Life Sciences Fund raises $100 million in first close of third venture fund
Montréal-based venture capital firm CTI Life Sciences Fund has raised $100 million CAD in the first close of its third venture…
Nuvei sees significant revenue growth in Q1 2021 following e-commerce expansion, acquisition efforts
During the first quarter of 2021, Montréal-based payment processing company Nuvei pulled in revenue of about $150 million…
Following pandemic hit, ChefHero rebrands, refocuses to early success
Toronto-based restaurant supply chain software startup ChefHero has officially rebranded to Notch after executing what it says…
F|T: The FinTech Times – Canada’s Open Banking is “insecure and terrifying”
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Today in funding: Railz, Relay Platform, Ferme d’Hiver, Optable, interVal
Five Canadian tech startups have recently secured fresh funding to fuel their growth. Here’s the latest on who raised money,…
Bonfire, Curiato, FutureVault among latest Canadian startups to make CEO change up
Three Canadian technology startups have announced changes at the helm. Curiato, FutureVault, and Bonfire Interactive each recently…
Ada secures $130 million USD, claims $1.2 billion valuation
Toronto artificial intelligence (AI)-powered customer support software startup Ada has raised $130 million USD in Series C…
H|T: The Healthtech Times – Canada’s next healthtech idea
The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe. Subscribe to H|T using…
Nuvei to acquire Simplex for $250 million USD
Nuvei is set to acquire FinTech and cryptocurrency startup Simplex in an all-cash deal totalling $250 million USD. The companies…
Governor General’s Innovation Award winners include leaders of Swift Medical, Adaptiiv
The Rideau Hall Foundation has announced the 2021 winners of the Governor General’s Innovation Awards. This year, six individuals…
R|T: The Retail Times – Amazon accelerates
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe. Subscribe to R|T using…