Ecosystem fears cleantech funding gap as ISED pauses SDTC funding after mismanagement investigation
ISED-commissioned report found conflict of interest, governance issues at SDTC.
Ottawa
Canada launches voluntary code of conduct for the responsible use of AI
Cohere, OpenText, Coveo, Ada among first signatories.
Shopify takes stake in Faire as part of new partnership
Shopify merchants will get access to Faire products while Shopify POS becomes Faire’s preferred provider.
Space-tech startup Mission Control shoots for the Moon (and Mars) with funding from GreenSky
Mission Control’s customers have included the Canadian Space Agency, NASA, and MDA.
CiteRight and fellow Canadian legaltech startup Jurisage ink deal to merge
Merger will combine CiteRight’s litigation-drafting platform with Jurisage’s AI tech.
MindBridge founder Solon Angel joins Fresh Founders as managing partner
Following MindBridge departure, Angel wanted to explore another “specific idea in accounting tech.”
TikTok to remove ‘Storefront’ integration with Shopify and others, pushing merchants to use TikTok Shop
As one integration ends, Shopify adds another: USDC payments through Solana Pay.
Canadian startups NLPatent, BorderlessHR, Monark accepted into Google’s Women Founders accelerator
Three startups represent Canada in a cohort of 11 North American companies.
Cybersecurity startup Field Effect on the hunt for acquisitions following $30-million CAD debt facility from Scotiabank
The average cost of data breaches in Canada rose to $5.64 million in 2022.
Shopify posts positive revenues in Q2 2023 for third quarter running
Ottawa e-commerce giant posts higher losses, but GMV grows.
DeFi company Wellfield inks deal to acquire crypto custodian Brane Trust
Canadian crypto consolidation continues with Toronto, Ottawa firms set to join forces.
Shopify reveals AI suite, business credit card, dropshipping-like feature in latest product showcase
Canadian rapper Drake launched his website Drake Related using Shopify Collective.
MindBridge closes $60 million USD from US growth equity firm, appoints interim CEO
AI-powered auditing-tech firm adds new interim leader as CEO and founder depart.
Long-time VP and product leader Satish Kanwar departs Shopify
Kanwar steps down 10 years after Shopify’s Jet Cooper acquisition.
Solink secures $60-million USD Series C and backing from Goldman Sachs to become cloud video surveillance leader
As the security market shifts to cloud, Solink looks to scale.