Xanadu launches open source machine learning software for quantum computers
Toronto-based Xanadu has launched PennyLane, which it calls the first dedicated machine learning software for quantum computers.…
Toronto
Drop acquires predictive analytics company Canopy Labs
Toronto-based mobile rewards platform Drop has acquired fellow Canadian startup Canopy Labs. A Y Combinator-backed company,…
Logojoy raises $6 million to expand its design platform
Toronto-based Logojoy has raised a $6 million Series A as the company ramps up development of its AI-assisted logo development…
Toronto Region responds to Amazon HQ2 ‘snub’
As Amazon announced the site of its next headquarters — split between New York City’s and Crystal City in Virginia…
Ario raises $10 million to offer enterprise lending-as-a-service
Toronto-based digital lending platform Ario has announced a $10 million investment from Purpose Financial LP. The funding will…
Knowtions Research raises $5 million with IVP, Alibaba
Knowtions Research has announced that it’s closed $5 million in Series A funding. The round was led by Information Venture…
Wattpad launches paid content program in the US
Wattpad has launched a new service in the US allowing readers to purchase exclusive content from writers on the platform. The…
Alate Partners launches with $40 million in funding to boost real estate tech industry
Alate Partners, a new company dedicated to supporting companies in the real estate tech market, has launched with $40 million…
Clearbanc raises $92 million CAD to help companies invest in marketing without dilution
Toronto-based Clearbanc has raised $70 million ($92 million CAD) as the company surpasses $100 million USD ($132 million CAD)…
Hubba reportedly lays off half its staff following March pivot
Hubba has undergone its second round of layoffs this year, BetaKit has learned. Speaking with BetaKit, multiple sources familiar…
Lending Loop launches business credit monitoring platform with Equifax
Toronto-based Lending Loop and Equifax Canada have launched a credit health and monitoring platform for businesses. Dubbed…
Chicago-based Bounteous acquires ecommerce agency Demac Media
Bounteous, a Chicago-based digital solutions company formerly known as HS2 Solutions, has acquired Toronto-based ecommerce…
Future of Sport Lab accepting applications for first incubator cohort
Ryerson University and Maple Leaf Sports & Entertainment’s Future of Sport Lab is now accepting applications for…
Toronto Mayor John Tory “taking nothing for granted” when it comes to Collision in 2019
The Mayor of Toronto may be wearing a walking boot, but it’s not slowing him down during Web Summit in Lisbon. Mayor John…
Toronto reportedly out of the running for Amazon’s HQ2
Amazon has been actively seeking a location for its second headquarters in North America for over a year. Twenty cities have…