Long-time VP and product leader Satish Kanwar departs Shopify
Kanwar steps down 10 years after Shopify’s Jet Cooper acquisition.
Toronto
Practice Better acquires That Clean Life for a healthy-sounding eight figures to continue expansion
An eight-year collaboration has ended in acquisition for the two Toronto healthtech startups.
Ontario organizations secure nearly $20 million in federal funds to drive entrepreneurship, job creation
Funding is split between five companies and one business hub in Toronto, as well as one Ottawa-based firm.
Liberum raises $1.8 million for ‘protein synthesis as a service’
The Toronto-based startup creates custom proteins for everything from medical applications to household products.
Venture funding in Toronto, British Columbia rebounds in second quarter of 2023
Capital converges on a select few winners as Toronto and BC megadeals make a comeback.
Toronto and Montréal added the most tech jobs in Canada in the last five years: Report
Ottawa’s tech talent concentration is higher than San Francisco’s Bay Area, CBRE says.
Cohere secures strategic investment from SAP as enterprise demand for generative AI grows
Toronto-based Cohere has also partnered with McKinsey.
Metafold 3D closes $2.35 million CAD to fuel industrial adoption of 3D printing
Toronto startup has interest from sportswear and biopharma clients for its 3D printing tech.
MaRS, UK innovation agency team up to host eight UK startups for new AI incubator
MaRS, Innovate UK have worked together in the past to launch a manufacturing incubator.
Graphite Ventures secures $10 million from AEC to continue Alberta commitment
The Toronto-based VC firm recently invested in the Calgary startup WaitWell.
After buying Cyclica and Valence, Recursion secures $50 million USD from Nvidia for AI drug discovery
The US biotech firm opened a new Canadian HQ in Toronto last month.
Formaloo raises $2.9 million CAD to help businesses build apps without any code
The startup aims to ramp up marketing efforts in Canada.
Waterloo, U of T, and UBC rank among top 25 computer science schools globally
Waterloo topped the list in terms of enrolment, while U of T was the top-ranked Canadian school.
WonderFi, Coinsquare, CoinSmart merge as landmark Canadian crypto deal closes
The merger comes during a challenging time for the crypto industry.
Sampler acquires AdMass’s tech, founders to add AI, user-generated content to its product sampling platform
The deal marks Sampler’s second acquisition in four months.