While some Canadian tech companies move to support Ukrainians, others cut ties with Russia
In addition to support, some startups are following the Canadian government’s lead on sanctioning Russia.
Alberta NDP tables bill to create new provincial venture fund for tech
NDP noted Alberta attracted less venture capital last year than provinces like Ontario, BC, Québec.
Platform Innovation Centre in Calgary receives $2 million from the Government of Canada
The long-awaited innovation hub is set to officially open its doors in 2022.
Impact.com acquires Pressboard to ramp up branded content program for publishers
Pressboard was formerly a customer of Trackonomics, an Impact.com company.
Apollo Insurance Solutions secures undisclosed Series B financing from Definity
Definity Financial Corporation went public in November.
Corl secures $20 million in USD stablecoin for its revenue-based financing model
Digital assets backed by real-world commercial agreements will offset volatility, companies claim.
American proptech startup Alfred opening Canadian HQ in Toronto
Alfred arrives with up to $75 million USD for staffing up, new acquisitions.
Ontario commits $25 million as Canadarm3 manufacturer MDA creates $100 million space robotics centre
MDA combines space robotics with automation and artificial intelligence.
Portage Ventures closes $788.5 million CAD for third FinTech fund
Portage claims the early stage FinTech fund is one of the largest in the world.
Bioscience startup Mikra secures $8.5 million CAD to launch its nutraceutical gel
Mikra claims its product will help boost energy and mental focus on a cellular level.
Key raises $11 million to pilot home co-ownership platform in new Canadian, US markets
Key claims a waitlist of nearly 5,000 people for its service.
Quantum Algorithms Institute, Xanadu team up to increase talent pipeline in quantum computing
Xanadu also announced a partnership with semiconductor manufacturer GlobalFoundries.
Ontario helps agricultural innovation grow with up to $22 million investment
The funding is going to university and startup AgTech projects.
Family that formerly co-owned Toronto Star behind new social venture, Hvr Technologies
Hvr wants to create revenue sharing for bloggers, publishers.
Canadian government launches $4 billion Canada Digital Adoption Program
Program to help some 160,000 small and medium businesses adopt digital technology.