Kik launches Kin to drive mainstream adoption of cryptocurrency
Kik announced the launch of Kin, its own cryptocurrency that the company says will serve as a foundation for a decentralized…
Canadian gov’t opens applications for $950 million ‘supercluster’ initiative
When the budget was announced in March 2017, the federal government promised $950 million towards ‘superclusters’,…
D-Wave and Creative Destruction Lab create one-year program for quantum machine learning startups
Burnaby-based D-Wave Systems is partnering with the Creative Destruction Lab at the University of Toronto’s Rotman School…
Naborly announces international credit data partnership with Equifax Canada
Equifax Canada and Naborly announced a new credit data partnership, which includes an exclusive web referral arrangement between…
Hootsuite partners with New York-based Actiance to build compliance solution for financial service companies
Hootsuite announced a partnership with New York-based Actiance to build a compliance and social engagement tool for financial…
Share your take on Canada’s accelerators with Startupfest’s survey
Startupfest is well-known for its annual summer event that attracts over 4,000 investors, founders, and journalists for three…
Mylo raises $750,000 for platform that invests your spare change
Montreal-based Mylo has raised a $750,000 pre-seed round from Ferst Capital Partners, with the participation of FinTech angel…
With Janet Bannister now on board, VarageSale touts traction as it seeks revenue (and funding)
In early January 2016, VarageSale, which had raised a massive $34 million Series B the year before, laid off 30 staff on the…
National Bank partners with IVADO to support Montreal’s data science ecosystem
National Bank and IVADO — a joint initiative between HEC Montréal, Polytechnique Montréal, and the Université de Montréal…
Nymi raises $20 million Series B, founder Karl Martin moves back to CEO role
Nymi has raised a CAD $20 million Series B from GII Tech in Dubai, with participation from Nymi’s Series A investors…
Edmonton-based Jobber opens Toronto office to tap into sales and marketing talent
A year and a half after it announced an $8 million Series A, Jobber has opened a Toronto sales office as it focuses on growth.…
Wattpad lays off 10% of staff as it shifts focus to machine learning capabilities
Toronto-based Wattpad has laid off 10 percent of its staff, or 15 people. All departments were affected by the layoffs, including…
PM Justin Trudeau says STEM ability, education will help Canada succeed during OneEleven launch
As Toronto-based OneEleven celebrated the launch of its new 250,000 square foot space, Prime Minister Justin Trudeau stopped…
Wealthsimple raises $50 million in funding, announces $1 billion in assets under administration
Wealthsimple has raised a $50 million Series B from Power Financial, and announced that it has $1 billion in assets under administration.…
RBC announces investment and partnership with OneEleven to support scaleups
RBC has announced a multi-year investment and collaboration with Toronto-based innovation hub OneEleven, with the goal of helping…