Loopio makes “difficult decision” to lay off nine percent of its team
The Toronto-based software startup made its first acquisition in May.
Toronto
Vector Institute, Ontario Centre of Innovation secure combined $77-million provincial funding
OCI received $50 million from Ontario’s $107-million Critical Technology Initiative.
Shipping container marketplace Boxhub raises $12.4 million for global expansion
Boxhub said it has become popular with people making tiny houses and vertical farms.
Immigration Minister details strategy for attracting foreign tech talent, digital nomads
Work permits will be prioritized for entrepreneurs backed by VCs or angels.
Elevate and The Firehood receive $2.3 million in federal funding to train women leaders
Applications are open until July 5 for women investors and entrepreneurs to get a chance at a $100,000 prize.
Financeit acquires consumer-loans competitor Simply Group Financial
The deal is estimated to be worth between $175-million and $225 million.
Canadian startups Oncoustics, OneCup AI among Google’s first North America-wide cloud accelerator cohort
Google piloted the cloud accelerator in Canada, then extended it to US startups this year.
Gaming and esports tech firm Swarmio files for creditor protection
Swarmio Media has announced that it is seeking creditor protection. The Halifax-headquartered gaming tech firm has filed an…
Altis Labs closes $7.9 million CAD to evaluate cancer treatments using AI
Altis has worked with UHN, Sunnybrook to develop its cancer imaging database.
Paddy Cosgrave is not forcing you to come to Collision
Collision is here for a good time, perhaps not a long time. Web Summit’s CEO is having “a bit of fun” either…
York University’s Schulich School of Business continues tech leadership focus with new certificate programs
Program directors include leaders from OMERS Ventures, Wealthsimple, Q2, and Panache.
Chexy raises $1.3 million for platform that lets tenants pay rent with credit cards
Chexy becomes latest FinTech firm to offer rewards for tenants.
Building-design startup Augmenta raises $15.57 million CAD to hire staff, refine beta
The company says it uses AI to create building designs in a matter of minutes or hours.
Train Fitness closes $2.5 million USD to expand automatic workout-tracking app for strength training
Relay Ventures-backed Train Fitness aims to track weight-lifting without data entry.
Rose Rocket raises $50.2 million CAD Series B to expand trucking solution
The maker of transportation-management software plans to target larger fleets with this latest raise.