Canadian startups NLPatent, BorderlessHR, Monark accepted into Google’s Women Founders accelerator
Three startups represent Canada in a cohort of 11 North American companies.
Ottawa
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.
Ontario organizations secure nearly $20 million in federal funds to drive entrepreneurship, job creation
Funding is split between five companies and one business hub in Toronto, as well as one Ottawa-based firm.
Shopify teases AI assistant for entrepreneurs, Sidekick
Shopify said Sidekick can help with designing storefronts, developer documentation, economic trends analysis.
Canadian clusters team up to drive $30 million in quantum technology commercialization
NGen and DIGITAL are receiving $14 million from the National Quantum Strategy, which they hope to leverage.
Shopify makes checkout solution Shop Pay available to enterprise retailers not using Shopify
The move represents part of Shopify’s push to woo larger clients.
Semiconductor working group launched to advocate for industry priorities
SILICAN brings together industry experts and organizations to meet challenges
Toronto-Waterloo, Vancouver, and Montréal hold the fort as Calgary and Ottawa rise in Startup Genome’s latest global ecosystem rankings
Larger ecosystems keep the status quo, as smaller ones post slight improvement.
Shopify partners with Volt to offer open banking solutions (but not in Canada)
Features available to Shopify merchants in Europe, Brazil, and other markets not beset by implementation delays.