Elevate cancels 2020 tech festival, secures $5 million to launch new global innovation hub
As Elevate joins the drove of conferences to cancel their 2020 events due to safety concerns caused by the COVID-19 pandemic,…
Toronto
Two years after acquisition of Hubdoc, Xero names Toronto its North American tech hub
New Zealand-domiciled small business accounting platform Xero has named its existing Toronto office as the company’s North…
eSight launches fourth version of wearable glasses for people with visual impairments
Electronic glasses company eSight has launched eSight 4, the newest version of its wearable assistive device designed to enhance…
Fable Tech Labs raises $2 million seed round to bring accessibility to digital products
Fable Tech Labs, a Toronto-based startup that aims to help businesses test whether or not their technology is accessible to…
Ryerson’s Legal Innovation Zone announces international (virtual) tech entrepreneurship program
This fall, Ryerson University’s legal tech startup incubator, the Legal Innovation Zone (LIZ) is launching Sprint Studio,…
City of Toronto commits $250,000 to expansion of Black Innovation Fellowship
The Black Innovation Fellowship (BIF), a DMZ program designed to provide Black tech startup founders with more equitable entrepreneurial…
Toronto-based Crescendo forms anti-racism coalition of North American tech companies
Crescendo, a Toronto-based startup that offers curated diversity and inclusion education, is calling on North American tech…
Vision Critical raises $26.7 million CAD in growth debt financing
Vision Critical, a customer experience management startup, has secured $26.7 million CAD ($20 million USD) in growth debt financing.…
Clutch raises $7 million CAD seed round to expand online used car retail platform
Online car retailer Clutch, which sells used vehicles in Toronto and Halifax, has raised $7 million CAD in a seed round led…
Win Bear appointed a managing director at Kensington Capital Partners
Kensington Capital Partners has appointed Win Bear as one of the firm’s managing directors. Bear will be based in Toronto…
Wattpad notifies users, shares new details of reported data breach
Toronto-based online entertainment startup Wattpad has notified its users that some of their data, such as email addresses,…
MaRS officially launches program developed using federal Scale-Up Platform funding
MaRS Discovery District has officially launched Momentum, a new program designed to support high-growth Canadian companies…
Coinsquare CEO and president agree to step down, pay “penalties” in settlement with OSC
Coinsquare co-founders Cole Diamond (CEO) and Virgile Rostand (president) have agreed to step down from the crypto-trading…
Wattpad investigating reported massive data breach of user records
Toronto-based startup Wattpad has confirmed it is investigating a massive breach of user data, following claims made by cybersecurity…
Toronto’s Cryptonumerics acquired by Snowflake
Toronto-based enterprise software startup Cryptonumerics has been acquired by Snowflake Inc., the California-based cloud-based…