Calgary only Canadian tech city not to drop in Startup Genome’s annual ecosystem report
Startup Blink report tells different story, with Canadian cities rising up through the ranks.
Vancouver
Trendi, Swede, Frontly the latest early-stage BC startups to secure funding
Three early-stage BC startups secure pre-seed and seed funding.
Parvis raises $2.6 million seed round for blockchain-enabled real estate investment management platform
Parvis’ direct-to-investor platform is set to launch later this summer.
Penny AI raises $33.9 million CAD Series B to expand direct sales solution
Penny’s platform supports sales consultants in over 60 countries and 25 languages.
Acquisitions drive revenues at Emerge Commerce and Plurilock Security
Both companies report revenue increases for the first quarter of 2022.
Unbounce expands leadership team with addition of Indochino, RBC Ventures, Mapbox alums
Startup adds CMO, CPO, and VP of engineering for “next phase of growth.”
LimaCharlie closes $7 million CAD to allow companies to manage, develop cybersecurity strategies
Google, CSE alum-led startup sells “security-infrastructure-as-a-service.”
Yaletown-backed software company Tasktop to be acquired by Texas-based Planview
Tasktop CEO calls joining Planview “a game-changing combination.”
BBTV revenue decreases seven percent, net loss increases in Q1 as COVID-19 consumer patterns shift
CEO touts plus solutions growth as positive sign.
WonderFi, Bitfarms, Tokens.com, CoinSmart post earnings during a volatile period for crypto
Bitcoin sell-off, other factors impact companies’ bottom lines.
Well Health Technologies posts record Q1 revenue, announces $30 million bought deal offering to fuel acquisitions
Despite record revenues the last two quarters, Well’s share price has fallen nearly 43 percent over six months.
Fobi AI inks deal to acquire Basket and bolster coupon aggregator offering
Fobi goes shopping for its second couponing solution.
FinTech earnings week: revenues up for Nuvei, Propel, Mogo, Payfare
Net income is another matter.
Alida set to expand into Alberta with new Edmonton office, plans to hire over 100
Alida taps into Edmonton as SaaS startup bolsters international footprint.
Dapper Labs launches $725 million ecosystem fund for Flow blockchain innovation
The fund is a joint commitment with participation from a16z, Coatue, Coinfund, others.