Summit Nanotech secures $50 million USD to scale lithium extraction for EV production
The Calgary startup aims to build the “lithium mine of the future.”
Calgary
Benevity cites lower than expected customer demand as cause for 14 percent layoffs
Benevity joins Hootsuite, Lightspeed, Clutch, Clearco in significant staff cuts.
Layoffs persist at Canadian tech companies amid bleak outlook for 2023
FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn.
AltaML, Waabi, TrojAI among Vector Institute’s 20 Canadian AI startups to watch for 2023
The list was narrowed down from 150 startups.
Movement51, CIWA secure $861,980 from PrairiesCan to support women entrepreneurs, investors
The funding is expected to help increase women-owned and led businesses in the Prairies.
Harvest Builders announces Graeme Harrison as new president
Harrison to help studio connect with venture funds and startups throughout Western Canada and beyond.
Shopify, Benevity set records for Black Friday-Cyber Monday and Giving Tuesday
Shopify merchants rack up $7.5 billion in sales over the weekend.
Avatar Innovations targets $3 million for new decarbonization tech fund
Avatar has secured Cenovus Energy as its lead investor.
Prairie tech celebrates its own with Calgary Launch Party, Start Alberta Awards, Startup TNT Summit
Calgary Innovation Week culminates in Launch Party’s full in-person return.
Canadian tech layoffs continue as tough year comes to a close
Properly, TealBook, D2L, League among latest firms to cut staff amid economic downturn.
Symend closes $54 million CAD to pursue global expansion amid uncertain economic environment
Facing market headwinds and tailwinds, Symend has cut staff and set its sights on growing efficiently.
Attabotics secures $95 million CAD from EDC, Ontario Teachers’ to scale its warehouse robots
With new robot built, Attabotics CEO says “the hard part’s done.”
Report: Vancouver, Toronto saw greatest high-tech job growth in North America over the last two years
Montréal ranked fifth, while CBRE named Waterloo, Ottawa, Calgary markets to watch again.
Report: Atlantic Canada 10th strongest blue economy startup ecosystem globally
Vancouver closely follows at 14th, with Calgary 27th, and Toronto-Waterloo 35th.
Graphite Ventures appoints Omi Velasco as principal to lead Western Canada deals
Graphite now has local investment team members in Calgary, Waterloo, Ottawa, and Toronto.