Shinydocs, Encircle, Proto receive cumulative $7.5 million from FedDev Ontario
byThe investment into the three Kitchener-Waterloo startups is expected to create 75 jobs.
Kitchener-Waterloo
Miovision acquires Pittsburgh firm Rapid Flow to bolster its traffic management systems
byRapid Flow’s Pittsburgh head office will become Miovision’s fifth global location.
Toronto-Waterloo rises, Calgary and Montréal ecosystems to watch in Startup Genome’s global FinTech rankings
byVancouver cracks top 10 ecosystems with a population of less than three million.
Avidbots closes $70 million USD Series C round to grow fleet of commercial cleaning robots
byAvidbots will also open a new, 70,00 square foot headquarters in Kitchener-Waterloo.
IMAX acquires video quality solutions startup Ssimwave in $28.3 million CAD deal
byDisney, Paramount Global among mutual partners of Ssimwave, IMAX.
Communitech acquires Briefed.in to add data-backed insights to its repertoire
byThe Briefed.in deal is part of Communitech redefining its supports for startups.
Insurtech ProNavigator secures $10 million to power US expansion
byProNavigator calls itself the “Google Search for Insurance.”
D2L increases revenues as it tries to buck market downturn
byDespite increases, CEO says growth slower than expected.
Amid recent wave of Canadian tech layoffs, Communitech brings The Help List back
byThe list aims to connect displaced tech talent with new job opportunities.
Market watch: Well Health, Magnet Forensics, Dialogue Health, and Thinkific Labs
byGains and losses aren’t about the verticals, but rather the companies.
Armed with more capital to back women entrepreneurs, Phoenix Fire makes first investment in VoxCell
byPhoenix Fire’s LPs now include the co-founders of Thinkific and Odaia.
With only four deals closed, Q2 2022 was Waterloo Region’s least active funding quarter in three years
byOnly another Faire megadeal rescued Waterloo Region from its lowest investment quarter in a year.
Toronto, Vancouver tech talent pools saw highest growth in latest CBRE report
byOttawa is on par for highest concentration in tech talent with the San Francisco Bay Area.
Multilingual chatbot startup Proto secures $5.6 million for global expansion
byProto’s polyglot chatbot was created to improve inclusion, protection of customers.
Helcim, MintList, Ukko Agro among startups in third cohort of Google’s Canadian accelerator
byParticipants range from smart windows to dental software to agtech.