MaRS makes layoffs as part of business model “resetting”
Innovation hub wants to “significantly increase engagement with the private sector and philanthropic circles.”
Toronto
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.
Major skills shortage looming in cybersecurity, AI
Reskilling in emerging fields can help those impacted by recent layoffs.
DIGITAL invests $10.5 million across four AI projects from healthtech startups
Projects from Swift Medical, RxPx, Gotcare, and AlayaCare carry a collective $26-million value.
Forma.ai’s first acquisition nets fellow Toronto sales software startup SeaMonster
With SeaMonster, Forma.ai aims to help companies provide activity-based sales incentives.
Paytm, PSP Investments alumni announce $5.25 million to build a super app for Canadian immigrants called Beacon
Beacon aims to become ‘the trusted brand for immigrants to Canada.’