Shopify regains status as Canada’s most valuable company with strong Q2 earnings
Stock surges 20 percent as CFO claims no “meaningful changes” from tariffs.
Ottawa
Public safety tech platform Versaterm acquires Texas firm DroneSense for more than $100 million USD
Versaterm CEO says deal “moves us closer to a future where drones are as routine as any patrol or fire unit.”
Canada awards $14.6 million contract to space triumvirate to build its new lunar rover
MDA Space, Mission Control, and Canadensys to begin exploring size and scope of “long-term project.”
Growcer snaps up assets of bankrupt US rival Freight Farms
Ottawa-based modular farming startup now has over 600 new customers from 30 different countries on its plate.
“Light, tight, right” regulation: Minister Evan Solomon unpacks how Canada plans to support domestic AI and quantum computing
Solomon says Canada must keep quantum industry and IP in Canada at CDL Super Session talk.
US private equity firm Vista ups stake in Assent at reported $1.3-billion USD valuation
Company spokesperson denied that Assent had been acquired, but declined to break down post-deal ownership structure.
Shopify collaborates with Coinbase and Stripe to support USDC stablecoin payments
Feature roll out allows merchants to accept USDC and convert to their local currency.
Sezzle sues Shopify for alleged “unfair” privileging of its own buy-now, pay-later feature
Lawsuit claims Shopify charged businesses fees and redirected potential Sezzle customers to its own service.
Kyle Braatz got Fullscript to $1 billion in revenue by treating every new business segment like a startup
CEO of Ottawa-based company details the slow and steady journey to a reported $2.5-billion USD valuation.
The can’t-miss events at Saskatoon Startup Week and Ottawa Innovation Week
Must-attend events include AccelerateOTT on June 12 and Saskatoon’s Fail Fest on June 13.
Michael Southworth “specifically chosen” as Assent’s new CEO to spearhead $250-million revenue effort
Longtime CEO Andrew Waitman, who led the company to centaur status, will become executive chairman.
Lagging growth rate knocks Canada out of top four in StartupBlink’s ecosystem rankings
Toronto “in a tier of its own” as Calgary vaults back into top 100 cities globally.
Shopify debuts AI-based store designer as part of summer update
The e-commerce giant is revamping its features as rival Lightspeed readies its earnings.
Shopify stocks surge after company says it will join Nasdaq 100 index
The e-commerce giant will become a reference point for investors.
Canadian FinTech leaders “cautiously optimistic” about open banking, payments modernization under Mark Carney
Jaded from years of waiting, FinTech players hope Carney’s UK track record translates into domestic policy action.