Today in acquisitions: Paystone, Rival.ai, Workali, Geotab
In the past few days, several Canadian companies have made announcements on acquiring technology startups in the IoT, AI, and FinTech verticals. Here’s the…
Ontario
New not-for-profit organization launched to promote Ontario’s cleantech sector
Ontario Clean Technology Industry Association (OCTIA), a new not-for-profit organization, has been launched by clean technology leaders to promote Ontario’s growing cleantech sector. “Ontario…
Today in government funding: BioConnect, Accessible Technology Program recipients
Recently, the federal government announced two new investments, one for an Ontario-based startup, and the other for a number of organizations and institutions nationwide….
QuadrigaCX bankruptcy proceedings to move from Halifax to Toronto
QuadrigaCX’s bankruptcy proceedings are being moved out of Halifax, after a Nova Scotia Supreme Court judge approved Ernst & Young’s (EY) request to move…
QuadrigaCX monitor complying with RCMP investigation, looks to move case to Ontario
Two months after it was revealed that the late QuadrigaCX CEO transferred customer funds into his own accounts, the court-appointed monitor overseeing QuadrigaCX’s bankruptcy…
Venture capital investments hit record high in first half of 2019
Canadian venture capital investments in the first half of 2019 hit a record high of $2.15 billion, according to the Canadian Venture Capital and…
Ontario’s advanced manufacturing Supercluster announces first project
The Next Generation Manufacturing (NGen) Supercluster announced on Wednesday that it has approved its first project as part of the federal government’s Innovation Supercluster…
Lyft’s new Ontario general manager noncommittal on company’s plans in Canada
Lyft Canada has hired its first general manager for Ontario, bringing in Hannah Parish, a former director at General Motors (GM), to oversee the…
MaRS, Ontario Power Generation to launch innovation challenge
MaRS Discovery District is partnering with Ontario Power Generation (OPG), an agency responsible for half of the electricity generation in Ontario, to launch the…
Government helping create network to address procurement barrier in Canadian healthtech
CAN Health Network, a $20 million proposed project that aims to help healthtech companies to commercialize their technologies, has received an initial $7 million…
Ontario accelerators in flux after government lapses on CLA program funding
Following sweeping tech cuts from the Province of Ontario, a large number of publicly funded programs were recently either cancelled or not renewed. One…
Ontario government announces task force to develop data strategy
The Ontario government has announced the members of its Digital and Data Task Force looking to get insight into developing a provincial data strategy….
Front Row Ventures’ initiative for female student founders expands to Ontario
The Women Founders’ Project, a four-week social impact project organized by Front Row Ventures, is expanding to Ontario, after recently completing its pilot program…