As regulators take over SVB Canada, companies still have questions about impact
CCI estimates low risk for the majority of Canadian companies.
Toronto
Intuit, Highline unveil 2023 cohort of joint FinTech accelerator
Toronto-based Chexy and Carbonhound among the group of startups chosen.
Firehood hands out $100,000 in prizes as the DMZ, CVCA announce women of year awards
Apricotton, Areto Labs, PragmaClin secure $100,000 in total prize money from pitch competition.
Web3 startup Helika closes $4 million seed round led by Diagram Ventures
Diagram: “We see Helika at the forefront of a rapidly evolving industry.”
Wattpad lays off 15 percent of workforce
Interim president says cuts come despite best efforts to limit economic impact.
Daily Blends raises $2.7 million CAD, signs Metrolinx deal to deploy smart vending machines
Healthy vending machines are coming to public transit stations, college campuses across Canada.
Cohere among first investments from Salesforce’s new $250 million AI fund
Salesforce invests in Toronto startup as part of broader generative AI strategy.
Loopio, Reelhouse co-founders launch Barley to help make employee compensation easier, more equitable
Golden Ventures-backed Barley has raised $5.4 million CAD to date.
Toronto venture funding saw a “return to sanity” in 2022
Toronto tech startups raised a collective $3.7 billion through 154 deals in 2022.
Uplinq partners with World Bank Group-linked global network to educate on financial inclusion
FinTech recently raised $820,000 CAD for its global credit assessment platform.
Able Innovations strikes deal with Ottawa hospital for robotic patient transfer tech
Able Innovations’ robotic medical device addresses problem of patient transfers.
Yoshua Bengio, Element AI co-founders back AI startup Glowstick in $1.3 million round
Current and former Square and Shopify employees also invested in Glowstick.
From desk to doorstep: KitchenMate expands smart food kiosk to condo market
As hybrid and remote work prevail, KitchenMate brings its Gen2 closer to home.
Amazon climate tech fund backs Genecis to turn food waste into bioplastics
Amazon is exploring ways to use Genecis’ bioplastics in its own packaging.
AssistIQ raises $2.5 million CAD to cut down on medical waste in hospitals
AI platform tracks use of disposable medical devices, supplies for surgeries and common procedures.