Water purification startup Acuva Technologies closes $5.4 million Series B
Acuva Technologies, a Burnaby, BC-based cleantech startup developing water purification technology, has closed a $5.4 million CAD Series B. Investors in the round were…
Burnaby
Clio raises $330 million CAD Series D funding round
Clio, the cloud-based legal technology company that helps lawyers manage their firms, has raised a $330 million CAD ($250 million USD) Series D from…
Startup jobs of the week: React Developer, Android Developer, Data Architect
Every day, Canada’s tech startups post their latest and greatest job opportunities on Jobs.BetaKit, powered by Jobbio. From early-stage to Series B and beyond,…
General Fusion raises $49.3 million to develop clean alternative for power generation
The Government of Canada has announced a $49.3 million investment in clean technology company General Fusion. Launched in 2002, General Fusion is developing fusion…
D-Wave launches quantum application environment
Burnaby-based D-Wave has launched free access to its D‑Wave Leap Quantum Application Environment (QAE). Called Leap, the QAE is provides real-time access to a…
Today in funding ($3.4M): Peloton Innovations, Motive.io
In the past few weeks, two Canadian startups got a boost with rounds of funding. Here’s the latest on who raised how much, and…
D-Wave and Creative Destruction Lab create one-year program for quantum machine learning startups
Burnaby-based D-Wave Systems is partnering with the Creative Destruction Lab at the University of Toronto’s Rotman School of Management to support quantum machine learning….
Today in company updates: Shopify, Wattpad, Wealthsimple, PerfectMind, Overbond
Startups in Ottawa and Toronto have been making positive moves this past week. Here is the latest in product launches and company partnerships for…
Today in company updates: LendingArch, Wealthsimple, mobileLIVE, Traction on Demand
In the past month, several FinTech startups have made announcements launching new features and partnerships. Here’s the latest on company updates. LendingArch announces new…
Volkswagen partners with D-Wave to adopt quantum technology
Volkswagen says they are the first automakers to work with quantum computers, partnering with Burnaby-based D-Wave Systems, a quantum computer development company. Researchers from…
D-Wave open sources software tool to build foundation for a quantum computing community
Quantum computing is complicated. Even when the technology works, there are only so many people who are even aware it’s a thing. (It is…
Traction on Demand talks about balancing growth with ‘good business’
For every top-of-mind tech firm like Slack, Hootsuite, and Shopify on the Canadian scene, there are literally hundreds of innovative companies under the radar…
Cymax cuts staff after Deloitte financial audit warns of “material uncertainty”
Burnaby-based Cymax, an ecommerce company that sells home and office furniture directly from the manufacturer, has been pushed to cut jobs after “mounting losses”,…
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