Men’s clothing platform Bonsai raises $2.5 million seed round to scale technology arm
Toronto-based Bonsai, an online shopping platform that offers men’s brands, has just raised $2.5 million in seed funding.…
Toronto
OCE Discovery panel says Canadian gov’t must provide “sustained” support to AI industry
On May 15 and May 16, the Ontario Centres of Excellence (OCE) hosted OCE Discovery at the Metro Toronto Convention Centre to…
Nymi raises $20 million Series B, founder Karl Martin moves back to CEO role
Nymi has raised a CAD $20 million Series B from GII Tech in Dubai, with participation from Nymi’s Series A investors…
Wattpad lays off 10% of staff as it shifts focus to machine learning capabilities
Toronto-based Wattpad has laid off 10 percent of its staff, or 15 people. All departments were affected by the layoffs, including…
Cadillac Fairview EVP believes malls will survive retail disruption thanks to focus on services
On the latest episode of The Disruptors, co-hosts Amber Kanwar and Bruce Croxon sat down with Salvatore Iacono, executive VP…
PM Justin Trudeau says STEM ability, education will help Canada succeed during OneEleven launch
As Toronto-based OneEleven celebrated the launch of its new 250,000 square foot space, Prime Minister Justin Trudeau stopped…
dubdub pitches “shoppable” video creation platform on #TheDisruptors
Toronto-based dubdub, one of the latest pitches on The Disruptors wants to give people a way to monetize video content. dubdub…
Askuity’s platform aims to bridge the data gap between retailers and suppliers
Suppliers that sell products to retailers across the world don’t always have access to information about who is buying…
Today in company updates: Flexiti Financial, Integrate.ai, Lightspeed, Overbond, StackAdapt
This week, several Canadian startups have made announcements, launching new features, partnerships, and more. Here’s the…
Technovation Challenge aims to help young girls become tech entrepreneurs
Technovation Challenge, a global initiative that encourages young women to pursue tech entrepreneurship, is taking place in…
Wealthsimple raises $50 million in funding, announces $1 billion in assets under administration
Wealthsimple has raised a $50 million Series B from Power Financial, and announced that it has $1 billion in assets under administration.…
Report: Toronto requires more collaboration between gov’t, startups to become a smart city
A recent report by the Toronto Region Board of Trade (TBOT) suggests there is a lot of work that still needs to be done to…
RBC announces investment and partnership with OneEleven to support scaleups
RBC has announced a multi-year investment and collaboration with Toronto-based innovation hub OneEleven, with the goal of helping…
Alphabet reportedly considering Toronto as site of urban innovation-focused Sidewalk Labs
According to a report from Bloomberg, Alphabet is considering setting up Sidewalk Labs in Toronto. Alphabet has reportedly…
Flashfood launches with Longo’s in Toronto to alleviate food insecurity
When Josh Domingues’ sister was catering a Toronto event as a chef, she was told to throw out $4,000 worth of food by…