Following layoffs, Sensibill secures $5 million in debt financing
Many Canadian startups have faced challenges of late due to the economic impacts of COVID-19. Receipt management app Sensibill…
Toronto
Jon French departs NEXT Canada to take entrepreneurship role at University of Toronto
Jon French, who has long held a senior leadership position at NEXT Canada, has departed his role with the Toronto-based accelerator.…
Microsoft, Dream Legacy Foundation partner to support underrepresented founders
Microsoft for Startups Canada has entered into a new partnership with Dream Legacy Foundation in order to support diverse founders…
Moves expedites launch to provide loans to gig economy workers during pandemic
Moves, a Toronto-based FinTech startup, has expedited the planned launch of its platform in order to offer loans to gig economy…
Startup jobs of the week: Altus Group, LMN, Viziya
Every day, Canada’s tech startups post their latest and greatest job opportunities on Jobs.BetaKit, powered by Jobbio. From…
Facedrive looks to acquire Foodora Canada assets as it launches food delivery service
London, Ont.-based Facedrive has signed a binding term sheet that could see the ridesharing startup purchase certain assets…
Ripple Ventures closes an initial $14 million CAD for new Opportunity Fund
Ripple Ventures, a Toronto-based early-stage venture firm, has made an initial close of $14 million CAD ($10 million USD) for…
Wattpad creates fund to develop TV, film projects in latest attempt to “verticalize” business
Toronto-based Wattpad is launching two film projects that are part of a new fund aimed to finance and kickstart the early production…
Ritual, City of Toronto partner to provide free ordering tool to local foodservice businesses
Toronto Mayor John Tory is set to announce a partnership between the City and food ordering and mobile pickup startup Ritual,…
Intersect CEO departs company following recent layoffs
Paul Crowe, CEO of Intersect, a Toronto-based software development firm, is stepping down from his role at the company. The…
Loopio lays off 11 staff as it sees increased “scrutiny” from buyers during pandemic
Toronto-based B2B SaaS startup Loopio has permanently laid off 11 members of its staff, which represents eight percent of the…
Top Hat restructures, makes staff reductions as COVID-19 affects higher education
EdTech company Top Hat is restructuring internally to adapt to changes in the higher education sector brought about by the…
City leading Toronto tech initiative to get local small businesses online
The City of Toronto is set to announce a new program, ShopHERE, aimed at helping Toronto’s independent businesses build and…
This year’s Colliers Proptech Accelerator program postponed to 2021 due to COVID-19
Real estate firm Colliers International and Techstars have announced the 2020 Colliers Proptech Accelerator program, which…
11 startups to pitch at NEXT Canada’s virtual Venture Reveal
This month, 11 Canadian ventures will be showcased at the NEXT Venture Reveal, formerly known as Prototype Day. This year,…