OMERS Ventures founder John Ruffolo paralyzed following biking accident
OMERS Ventures founder John Ruffolo has been paralyzed from the waist down following a cycling accident that took place in…
Toronto
Clearbanc, Touchbistro among 7 Canadian startups in CB Insights FinTech 250
Seven Canadian startups have been listed on the 2020 version of CB Insights’ FinTech 250 list, which tracks the top private…
Wealthsimple CFO stepping down to become CEO of Wealthsimple Foundation
Wealthsimple’s chief financial officer (CFO), Leen Li, is stepping down from her role and is set to become the CEO of…
Vena Solutions secures $25 million USD in financing from CIBC Innovation Banking
Financial planning startup Vena Solutions has closed $25 million USD in growth capital financing from CIBC Innovation Banking.…
Xanadu launches photonic quantum cloud platform
Toronto-based quantum computing startup Xanadu on Wednesday announced the release of a publicly available photonic quantum…
Today in funding: Dispatch Coffee, Cloud DX, KitchenMate, ELLA
Three Canadian tech startups and one entrepreneurial program have received fresh funding to fuel their growth. Here’s the…
Verto Health raises $2 million CAD seed round to better connect healthcare providers, patients
Toronto-based healthtech startup Verto Health has closed a $2 million CAD seed round led by MaRS Investment Accelerator Fund…
Vector Institute establishes AI engineering team to turn research into practical applications
The Vector Institute for Artificial Intelligence has announced that it is establishing a new AI engineering team meant to take…
Life sciences-focused ACTO announces $11.5 million USD Series A raised at height of the pandemic
Toronto-based startup ACTO has announced the $11.5 million USD ($15 million CAD) Series A round it closed in April, adding…
SeamlessMD raises $4 million CAD Series A to meet increased demand for digital patient engagement due to COVID-19
Toronto healthtech startup SeamlessMD, which provides a cloud-based patient engagement app, has raised a $4 million CAD Series…
Top Hat continues pursuit to take traditional publishers digital with Bluedoor acquisition
Toronto-based EdTech startup Top Hat has acquired another education publishing company, recently closing a deal to purchase…
Entertainment tech startup Wrapbook raises $4.7 million CAD seed round
Toronto and New York-based Wrapbook, which creates software for workforces in the media production space, has raised a $4.7…
11 Canadian startups at Y Combinator’s Summer 2020 Demo Day
This week, Y Combinator (YC) is holding its Summer 2020 Demo Day, the 31st for the Silicon Valley incubator. Twelve Canadian…
Tulip acquires Boston’s Blueday to expand its retail management software offerings
Toronto-based retail startup Tulip, a mobile store performance software provider, has acquired US retail SaaS company Blueday.…
Remote training startup Synapse raises $2.6 million CAD to grow new sales stream
Amid the ongoing COVID-19 pandemic, the world has seen an increased demand for remote work tools. Synapse has felt the results…