Techstars Toronto celebrates 100 direct investments as an accelerator
The organization is also welcoming an even mix of Canadian and international companies to its 2023 class.
Loop Energy lays off majority of staff, citing challenging capital market conditions
Hydrogen fuel cell firm terminates 84 employees, shuts China office.
Canada launches voluntary code of conduct for the responsible use of AI
Cohere, OpenText, Coveo, Ada among first signatories.
Shopify takes stake in Faire as part of new partnership
Shopify merchants will get access to Faire products while Shopify POS becomes Faire’s preferred provider.
Front Row Ventures closes over-subscribed $5.5-million CAD pan-Canadian fund
By students, for students firm plans to invest in 50 startups over the next four years.
Former Cultivator manager Jordan McFarlen joins Conexus Venture Capital as director
McFarlen says Saskatchewan tech ecosystem is “hungry for capital.”
Oneka raises $12.5 million CAD, prepares to deliver desalination devices along the Pacific coast
Oneka says it can produce fresh water with zero greenhouse gas emissions using the power of waves.
Netcoins loses $343,000 in second security breach within 17 months
“Bad actor” makes off with hundreds of thousands from the cryptocurrency platform’s operational float.
Nàdarra Ventures makes $20-million first close in new Canadian biotech fund for sustainable chemicals development
Backed by Farm Credit Canada and Natural Products Canada, fund target is $50 million.
Aquanow launches AQN Digital Ventures Fund to back next generation of blockchain startups
Fund has already invested more than $1 million in seven companies, including BoomFi and Mash.
ALL IN to showcase Canada’s AI at major conference
More than 60 case studies of Canadian AI projects and 100 AI startups will be featured.
CCI calls for Parliamentary Technology and Science Officer to help get AI regulation right
CCI report says AI opportunities to reach $2 trillion by 2030.
Paper cuts more staff in second round of layoffs since August
Another 87 “paperites” let go as EdTech startup aims for profitability.
Streamforge raises $1.6 million CAD to scale AI-driven influencer marketing
Montréal startup hopes seed round enables European, Asian expansion.
Spring Activator acquires Future Capital to bring wealth creation to underrepresented communities
The combined investments of the two Vancouver-based organizations total over $50 million CAD.