Montréal makes Startup Genome’s top 30 as Toronto, Vancouver ecosystems drop in rankings
Montréal is Canada’s newest entrant to the top 30 of Startup Genome’s 2020 global ecosystem rankings, while Toronto-Waterloo…
Toronto
Ryerson’s DMZ reaches $400,000 of $1 million goal to expand Black Innovation Fellowship
The Black Innovation Fellowship (BIF), a program dedicated to providing Black tech founders with more equitable entrepreneurial…
Facebook commits $1 million in ad credits to ShopHERE initiative
Facebook has revealed it is committing $1 million to Digital Main Street’s ShopHERE powered by Google initiative, a program…
Web Summit to be held in-person and online using event software demoed at Collision
Web Summit will go ahead as organizers had promised earlier this month. The event is now set to be held in December and will…
Cyclica secures $23 million as it looks to create “the future biotech pipeline”
Biotech startup Cyclica has raised $23 million CAD in Series B financing. The company offers a drug discovery platform that…
Humi raises $15 million Series A to further develop HR, payroll software
Humi, a Toronto-based startup that develops human resources (HR), payroll, and benefits software for small and medium-sized…
Toronto-based challenger bank Stack acquired by Credit Sesame
Toronto-based challenger bank Stack has been acquired by Credit Sesame, a United States-based credit and loan company. The…
ModiFace, Amazon partnership allows Canadian shoppers to try on cosmetics virtually
Toronto-based ModiFace’s artificial intelligence (AI)-powered technology, which allows customers to digitally test makeup…
ArcTern Ventures brings on new managing partner and investment director as it eyes international markets
ArcTern Ventures has brought on Marc Faucher as managing partner, as well as Kristin Aamodt as investment director in ArcTern’s…
CrowdRiff launches Localhood to help amplify small businesses during pandemic
Toronto-based marketing software startup CrowdRiff has launched Localhood, a free online platform intended to allow users to…
Sensibill to offer digital receipt management solution to Chase Bank customers
Toronto-based Sensibill has partnered with Chase Bank to provide the bank’s customers with its digital receipt management…
Facedrive opens private placement as it launches Foods platform, gears up for expansion
Facedrive, an eco-conscious ridesharing startup based in Toronto, announced plans to conduct a private placement offering as…
Digital marketing startup Funnelytics raises $1.5 million CAD in seed funding
Toronto-based Funnelytics has raised $1.5 million CAD as it looks to capitalize on the growth of online advertising amid COVID-19.…
With $5.8 million owed to creditors, TribalScale files for insolvency in bid to restructure company
Toronto-based software company TribalScale is in debt to the point of insolvency, according to public documents obtained by…
AI startup Rubikloud acquired by Ottawa-based Kinaxis for $81.4 million CAD
Toronto-based artificial intelligence (AI) startup Rubikloud has been acquired by Ottawa-based software company Kinaxis for…