Executive turnover continues in Canadian tech as Ratehub names new CEO
Healwell, TryCycle, Userful, and more also make changes to the top.
Toronto
Canadian-founded Staging Labs acquired by Merkle Science
Staging Labs uses real-time tech to detect and block malicious crypto transactions.
McRock Capital announces initial $111-million CAD close of third fund
McRock had previously set a $200 million target for Fund III.
Mesosil secures $2.2 million to develop infection-fighting biomaterials for medical devices
GreenSky-backed University of Toronto spinout has set its initial sights on dentistry.
MaRS makes layoffs as part of business model “resetting”
Innovation hub wants to “significantly increase engagement with the private sector and philanthropic circles.”
Apollo Insurance closes $18.5 million CAD for new buy now, pay later subsidiary
FinShore allows Apollo’s customers to defer payments on their insurance premiums.
Acorn Biolabs announces $11-million CAD Series A to boost access to regenerative medicine via cell preservation
Biotech startup aims to unlock hair regrowth, skin rejuvenation, disease treatment by preserving cells.
Can this Canadian company make a splash in plant-based fish?
New School Foods is fishing to do the impossible… better than Impossible.
These three organizations are making tech hires in Ontario
Ripple, Koru, and Western University are calling on Ontarians to join their tech teams.
Consensus crypto conference coming to Toronto in 2025
More than 15,000 attendees and 550 speakers are at this year’s Consensus Web3 conference in Austin, Texas.
Elevate reveals speakers, content tracks ahead of 2024 tech festival
Kara Swisher, Dax Dasilva, Amber Mac set to take the stage this year.
Toronto’s lead over other Canadian cities continues to widen in new startup ecosystem rankings
Canada retains fourth place in global rankings, but slips further from the three leading nations.
BCV leads second round in Relay, as SMB-focused FinTech closes $44-million CAD Series B
Startup targets profitability and $100-million USD run rate by end of 2025.
Riot Platforms raises stake in Bitfarms following Riot’s rejected takeover bid
Riot says decision prompted by allegations in former Bitfarms CEO’s lawsuit with company.
Xanadu’s Christian Weedbrook is raising another $200 million to build a quantum data centre
The CEO of Canada’s quantum unicorn is very optimistic about the country’s innovation potential.