Offering a nanotech drywall alternative, Trusscore lands $26 million in Series A funding
Trusscore, a material science startup that makes sustainable alternatives for traditional building products, announced a $26…
Kitchener-Waterloo
D2L files to go public on TSX
Kitchener-Waterloo-based e-learning software company D2L has filed to go public on the Toronto Stock Exchange (TSX). D2L, which…
Toronto-Waterloo rises in Startup Genome’s 2021 global ecosystem rankings, as Vancouver falls
Toronto-Waterloo has jumped four spots in Startup Genome’s annual global startup ecosystem report since 2020, as Canada’s…
Magnet Forensics acquires evidence software company DME Forensics in $9 million deal
Digital investigation software startup Magnet Forensics has acquired United States-based video and multimedia evidence solution…
FedDev Ontario commits combined $12 million to OneEleven and new Waterloo-London healthtech hub
In August, the Government of Canada made some investments, through FedDev Ontario, in the province’s innovation and startup…
ApplyBoard, Faire megadeals pushed Waterloo Region tech funding to new record in Q2
Tech startups in the Waterloo Region raised $749.7 million in venture funding during the second quarter of 2021, making Q2…
Magnet Forensics, Nuvei report revenue increases in second quarter 2021
Canadian technology companies Magnet Forensics Inc. and Nuvei Corporation both showed sharp increases in revenue as they released…
Communitech takes over Canadian tech startup job board Prospect
Kitchener-Waterloo innovation hub Communitech has taken over Prospect, a national startup job board that connects tech talent…
Latest CBRE report shows Canada has some of the fastest-growing tech talent pools in North America
Between 2015 and 2020, Toronto and Vancouver’s tech talent pools each experienced faster growth than any other large tech…
Great Hill Partners acquires majority stake in Auvik Networks for $312 million CAD
United States-based private equity firm Great Hill Partners has acquired a majority stake in Auvik Networks as the Waterloo-based…
Microsoft, AltaML among partners in new University of Waterloo student training program
Microsoft Canada and machine learning company AltaML are among a group of partners currently taking part in a University of…
Miovision acquires Traffop to expand traffic management software platform
Kitchener-Waterloo-based smart city startup Miovision has acquired fellow traffic software company Traffop for an undisclosed…
Waterloo Region sees worst quarter for VC investment in two years due to lack of late-stage deals
A lack of late-stage megadeals in the first quarter of 2021 caused venture funding of tech companies in the Waterloo Region…
Loren Padelford, driving force behind Shopify Plus, latest exec to depart company
Shopify has seen yet another departure from its senior leadership team, with Shopify Plus executive Loren Padelford announcing…
Tulip raises $34.4 million CAD Series C round
Kitchener-Waterloo’s Tulip, which provides cloud-based omnichannel mobile solutions for retail stores, has secured around…