Invest in Canada loses first CEO as Ian McKay transitions to ambassador of Japan
Ian McKay, who has led federal investment promotion agency Invest in Canada since its inception in 2018, is set to depart from…
Facedrive provides new information on company operations following OSC request
Toronto-based ride-sharing company Facedrive recently provided what it called “clarifying information” on its acquisitions…
What can the Canadian tech and innovation sector expect from #Budget2021?
As the Government of Canada prepares to table its Budget 2021 on Monday, Canadian tech is wondering how much the sector will…
Georgian closes $1.02 billion USD alignment fund
Toronto venture capital firm Georgian Partners has closed its new Alignment Fund I, pulling in $1.02 billion USD. As reported…
Inovia, Shopify back delivery startup Swyft in $22 million Series A round
Swyft, a Toronto-based digital logistics startup, has raised $22 million CAD ($17.5 million USD) in Series A funding in a round…
Diagram Ventures latest Canadian firm to concentrate on existing portfolio with $60 million for new Opportunity Fund
Diagram Ventures has secured $60 million CAD in the first close of its latest fund as the Montréal-based venture builder looks…
New measure from Alberta, Saskatchewan securities regulators meant to increase investment potential for startups
The securities regulators in Alberta and Saskatchewan recently adopted a new measure designed to provide greater access to…
Today in acquisitions: Symbi Medical, eStruxture, Eddyfi/NDT, Pinmo, Crank Software, Plurilock
Over the last few weeks, six Canadian tech companies have recently made acquisitions or have been acquired. Here’s the latest…
Startupfest to host virtual workshops in April as it reinvents amid COVID-19
For its eleventh year, Startupfest is branching out from its traditional festival format to offer some smaller events throughout…
OSC charges head of cryptocurrency company Peblik with fraud, securities act offences
The Ontario Securities Commission (OSC) has charged Stephan Katmarian, the CEO and COO of Peblik Inc., for violating Ontario’s…
Alberta Innovates puts out call to bring more technology, business accelerators to the province
Alberta Innovates, the crown corporation for the Government of Alberta that promotes innovation in the province, has issued…
Unsplash to be acquired by Getty Images
Unsplash, which has built a platform for sharing stock photos, is set to be acquired by Getty Images. While the financial terms…
Second Closet secures $20 million as it shifts focus away from self-storage towards B2B third-party logistics
With new financing, Second Closet is shifting away from consumer self-storage to focus on fulfillment and last-mile logistics…
Online car retailer Clutch secures $60 million
Toronto-based AutoTech startup Clutch has raised $60 million in financing to continue with the expansion of its online car…
Uber plans to double the size of Toronto Tech Hub team in coming months
Uber is currently working to expand its more than 60 person team in Toronto, with plans to double its size in the next few…