CIC Capital investing $202 million in Canadian companies through new North American Growth Fund
CIC Capital Canada announced the launch of a new $674 million CAD North American Growth Fund, with $202 million CAD dedicated…
Fujitsu partners with 1QBit to apply quantum-inspired tech to AI
Fujitsu has partnered with Vancouver-based 1QBit to apply quantum-inspired technology to artificial intelligence. 1QBit, which…
Beanworks raises $4.5 million Series A, adds new VPs
Vancouver-based Beanworks has raised a $4.5 million Series A. The round was led by the Vancouver Founder Fund and TIMIA Capital.…
Upverter productizes successful pivot with EE concierge
When Upverter first launched its Parts Concierge in 2015, co-founder and CEO Zak Homuth saw it as a way to get more people…
HeyOrca raises $2 million to build up US presence and double headcount
St.John’s-based HeyOrca has announced $2 million in follow-on seed funding from Killick Capital and Pelorus Venture Capital.…
TouchBistro raises $16.3 million Series C to continue North American expansion
Toronto-based TouchBistro has raised $16.3 million in a Series C round led by two major firms. The round was led by Napier…
Steven McCartney joins Ssimwave as president, Communitech hires Greg Barratt as new VP
Ssimwave announced that Steven McCartney, former VP of Strategic Growth at Communitech, will be joining the company as president.…
Wave raises $32 million from RBC, Portag3 Ventures
Toronto-based Wave has announced a strategic financing round of $32 million CAD from National Australia Bank (NAB), RBC, Portag3,…
SaaS North returns to build up Canada’s SaaS community
On November 29 to 30, SaaS North is returning for the second year in a row to celebrate all things SaaS. SaaS North is expected…
Report: Only three percent of Canadian factories have digitized their production
A new BDC study released today finds that 39 percent of Canadian manufacturing businesses have started to embrace digital projects.…
UNB launches 3D metal printing centre for marine and defence industries
The University of New Brunswick is launching a research centre dedicated to 3D metal printing for the marine and defence industries.…
Vector Capital set to acquire Sandvine for $483 million
Waterloo-based Sandvine has entered into an agreement with Scalar AcquireCo, which is set to acquire all issued and outstanding…
Two Toronto entrepreneurs win combined $60,000 at WeWork Creator Awards
WeWork announced the winners of its WeWork Creator Awards for the midwest region, which included two Toronto-based entrepreneurs.…
ROSS Intelligence opening R&D headquarters in Toronto
ROSS Intelligence, an IBM Watson-powered platform that helps lawyers find relevant cases with natural language search, is returning…
DMZ launches FinTech accelerator with BMO
Today, Toronto’s DMZ announced that it is partnering with BMO to launch a FinTech accelerator. The DMZ-BMO FinTech accelerator…