FinTech startups frustrated with glacial pace of Canada’s open banking consultations
Sue Britton was feeling “super optimistic” when the Advisory Committee on Open Banking sent out a package for phase-two…
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BDC Capital launches $200 million fund to bolster Canada’s deep tech ecosystem
BDC Capital has announced the creation of a new $200 million CAD fund designed to invest in and support early-stage Canadian…
New council launches to advance Canada’s semiconductor industry
A group of Canadian tech sector stakeholders have launched a national Semiconductor Council, mandated to make Canada a global…
Prairie AgTech startup Precision AI raises $20 million
Regina-based AgTech startup Precision AI, which aims to support sustainable farming practices with computer vision technology,…
Willful signs partnership with insurance giant Allstate following launch in Québec
Toronto-based Willful, which offers online will and estate planning, has launched a new national partnership with Allstate…
Today in funding: Botpress, Sherpa, Kinetyx, Realize Medical, G2V Optics, Solvera Solutions
Six Canadian startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on who raised,…
Innovate Edmonton receives $5 million from City to support accelerators
City Council has approved $5 million in funding for Innovate Edmonton, meant to support and attract technology accelerators…
Wealthsimple secures $750 million CAD, claims $5 billion valuation
Wealthsimple has raised a $750 million CAD financing round as the FinTech company looks to expand its market position and continue…
To become more diverse, cybersecurity experts say industry needs more mentors and problem solvers
In a December 2020 BetaKit Live, Canadian cybersecurity leaders said the ecosystem needed community to grow. But what are you…
BC minister of jobs says new $500 million fund will support startups, scale-ups in province
Ravi Kahlon, British Columbia’s minister of jobs, economic recovery and innovation, said he expects the province’s new…
Ontario reveals digital strategy, plans to launch new data authority
The Government of Ontario has introduced its long-planned digital and data strategy, which includes plans to create a new provincial…
Sonder to go public on NASDAQ through SPAC deal
Montréal-founded travel tech startup Sonder is set to go public on the NASDAQ through a merger deal with Gores Metropoulos…
Here’s why M&A activity is surging in Canada’s tech sector
The global impact of the COVID-19 pandemic has given rise to new market conditions in the Canadian tech sector that require…
AbCellera breaks ground on new Vancouver HQ as it plans to hire hundreds
AbCellera, Canada’s most valuable biotech company, has broken ground on a new 380,000-square foot tech hub in Vancouver that…
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…