Second Closet secures $20 million as it shifts focus away from self-storage towards B2B third-party logistics
With new financing, Second Closet is shifting away from consumer self-storage to focus on fulfillment and last-mile logistics…
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Reddit sets up first Canadian office in Toronto
Reddit is setting up an office in Toronto, representing the social media giant’s first physical Canadian location. According…
Online car retailer Clutch secures $60 million
Toronto-based AutoTech startup Clutch has raised $60 million in financing to continue with the expansion of its online car…
On-demand delivery platform Tyltgo raises $2.3 million to accelerate Ontario expansion
Kitchener-based same-day delivery software startup Tyltgo has raised $2.3 million CAD ($1.8 million USD) in seed financing,…
Silicon Valley Bank grows Canadian team with promotion, two new hires
Silicon Valley Bank (SVB) has added two new directors to its Canadian team and promoted another, as the commercial bank looks…
Latest launch makes Kepler Communications largest satellite operator in Canada
Toronto-based Kepler Communications, which aims to build an in-space telecommunications network, has successfully launched…
Today in acquisitions: 7D Surgical, Zerospam, QoC, Aquatic Informatic, Apprentx, LEAF Mobile
Over the last few weeks, several Canadian tech companies have recently made acquisitions or have been acquired. Here’s the…
2021 Narwhal List tracks Canada’s notable exits, raises, valuations during pandemic year
The 2021 Narwhal List, which tracks Canada’s fastest-growing tech companies, has highlighted several significant deals and…
Google reveals 12 startups in second cohort of Canadian accelerator
Google for Startups has revealed the 12 startups set to join the second annual cohort of its three-month accelerator program…
Mogo to acquire Moka in $64 million deal as it looks to launch free stock trading
Publicly-traded Vancouver-based digital payments provider Mogo has announced plans to acquire Montreal’s Moka in a $64 million…
Despite pandemic, Canadian VC investment remained high in 2020
Canada experienced its second-highest level of venture capital (VC) investment on record last year, according to the most recent…
FinTech startup Beanworks to be acquired by Quadient for $104 million CAD
Vancouver-based FinTech startup Beanworks is set to be acquired by French enterprise company Quadient for $104 million CAD…
Coinsquare reaches agreement with CRA to hand over “limited” client data
Toronto-based crypto startup Coinsquare announced on Tuesday it has entered into an agreement with the Canada Revenue Agency…
Thinkific files for TSX IPO as Vendasta prices offering at $100 million
Vancouver software-as-a-service (SaaS) startup Thinkific Labs has officially filed to go public on the Toronto Stock Exchange…
The 11 Canadian startups participating in Y Combinator’s Winter 2021 demo day
This week, Y Combinator (YC) is holding its Winter 2021 Demo Day, the 32nd for the Silicon Valley incubator. Thirteen Canadian…