Raghwa Gopal to retire as head of Innovate BC, kicking off search for new leader
Gopal previously helped create Okanagan’s first startups accelerator.
AI beauty lab Omy raises $11 million CAD to expand personalized skin care product line in North America
Omy launched its AI virtual skin consultant in 2020.
Medfar secures $30 million CAD, looks to acquire more electronic medical record software providers
Medfar was built by two aeronautical engineers who wanted to digitize health clinics
General Assembly takes slice out of business, sells frozen pizza line
General Assembly saw an over 40 percent decline in revenue from its frozen pizzas.
Mila secures $21 million from Québec government to support ethical AI research, projects
The provincial government also invested $14.3 million into ten incubators, accelerators.
Volta moves to new office to further focus on hybrid support for Atlantic Canadian startups
Volta started offering virtual residency to startups in 2021.
Graphite Innovation & Technologies secures $10 million to help reduce emissions from marine shipping vessels
The Halifax startup provides sustainable coating for marine transportation.
Online vehicle retailer E Inc. to delist from TSX citing limited trading volumes
E Inc. expects to delist from the TSX on May 24.
Startup TNT’s 2022 report maps over $3 million invested into startups, pan-Prairies expansion
The Alberta-based tech group is now live across all three Prairie provinces.
Product sampling startup Sampler acquires Abeo to deepen footprint in beauty industry
Abeo has worked with beauty brands like Sephora, Glossier, Chanel.
Meet the Canadian startups participating in Y Combinator’s Winter 2023 Demo Day
A total of 282 companies participated globally.
Unreserved dismisses portion of $25 million lawsuit against real estate associations as new regulations for open bidding expected
The lawsuit remains active against the Ottawa Real Estate Board.
Eli raises $5 million to make at-home hormone testing for women more accessible
“It will allow us to build a large-scale dataset of daily hormone levels for the first time in history.”
Canadian privacy commissioner launches investigation into ChatGPT
The case is in response to a complaint alleging non-consensual collection, use of personal information.
LayerZero Labs raises $120 million at $3 billion valuation to enable more multi-blockchain apps
VCs continue to bet on long-term growth for crypto despite volatile market.