Web3 startup LayerZero Labs fighting $21.3-million lawsuit from FTX
Bankrupt crypto exchange suing LayerZero over alleged fraudulent transfers.
The Forum introduces index to support access to capital for women and diverse entrepreneurs
The resource aims to help close the funding gap for women, BIPOC, and LGBTQ+ founders.
Properly founders exit as company and tech are sold in separate transactions
America real-estate giant Compass buys out Properly founders; unnamed Canadian firm acquires brokerage.
GHGSat closes Series C1 to launch more greenhouse gas emissions-monitoring satellites
The Montréal-based startup secured $59.9 million CAD but did not disclose equity/debt split.
Attabotics, Urbx settle litigation over robotic storage patents
Following mutual resolution, both startups agree to no more public statements.
Immervision lands $5.7 million CAD government contract to make military imaging systems
Contract with Canada’s military research department will focus on tech like aerospace cameras.
CDL-Vancouver preps fall innovation mining and minerals conference following launch of minerals stream
Conference will take place October 25 at the Vancouver Convention Centre.
Bank of Canada taps EvolutionQ to explore impact of quantum computing on digital dollar
“The price of being late is far too great,” EvolutionQ CEO Michele Mosca says.
WatchMojo CEO leads Mosea $2.5 million CAD raise to help Canadians split the bill
Mosea helps groups divide expenses and send payments, but makes its money from events.
PrairiesCan invests $3 million to kickstart Edmonton Unlimited’s new innovation space
The funding will provide “a space for all innovators to start and scale their companies,” mayor says.
Andorix receives $54.3 million CAD in debt, equity for in-building digital infrastructure
Toronto-based startup aims to help systems like HVAC, Wi-Fi, lighting, and elevators work together on one network.
MindBridge founder Solon Angel joins Fresh Founders as managing partner
Following MindBridge departure, Angel wanted to explore another “specific idea in accounting tech.”
Aptum promotes CloudOps founder to CEO following January acquisition
The company is revamping leadership as it looks to capitalize on AI-driven demand for multi-cloud solutions.
Magnet Forensics acquires digital-media startup Griffeye to help investigate child abuse online
Griffeye claims its platform is used by over 1,000 police agencies globally.
Hopper continues embedded FinTech push with Air Canada partnership
FinTech offerings now represent half of Hopper’s app revenue.