BrandProject raises $54 million CAD venture fund focused on early stage investing
BrandProject, a Toronto-based investment firm, has raised $54 million CAD ($43 million USD) in the final close of its first…
Nuvei sees strongest growth in company history in fourth quarter, with $115.9 million USD in revenue
The fourth quarter of 2020 represented the strongest period of growth for Nuvei in its company history as it reported revenue…
Telehealth startup Dialogue to go public on Toronto Stock Exchange, targets $100 million IPO
Telehealth startup Dialogue has officially filed to be public on the Toronto Stock Exchange (TSX) amid the increasing trend…
Women leaders at Shopify launch new angel group to invest in women and non-binary founders
A group of individuals who have helped lead and build Shopify have launched a new angel group in Canada, focused on investing…
Wealthsimple sells US book of business to Betterment as company claims renewed focus on Canada
Wealthsimple has sold its United States (US) book of business to online financial services company Betterment. The Toronto-based…
Infosys expanding to Calgary as it looks to double Canadian workforce to 4,000 employees
Multinational technology company Infosys is expanding its Canadian presence, having chosen Calgary as the home for its next…
Snapcommerce secures $107 million to build a mobile commerce leader
Snapcommerce (formerly Snaptravel) has secured $107 million CAD ($85 million USD) in growth funding, signalling confidence…
Government commits $518 million to Canada Foundation for Innovation to fund research projects
The Government of Canada has committed $518 million in research infrastructure funding through the Canada Foundation for Innovation…
Federal government extends current Canada Emergency Wage Subsidy, CERS rates to June
On Wednesday, Prime Minister Justin Trudeau announced the federal government will extend the current rate of the Canada Emergency…
FinTechs on the fence as Interac chosen for Canada’s real-time payments provider
Payments Canada has selected its second solution provider for the country’s upcoming real-time payments system. In response…
General Assembly Pizza files preliminary prospectus to go public via the TSXV
Toronto-based restaurant turned pizza subscription service General Assembly Pizza (GA Pizza) has filed to become a publicly…
Ocean Supercluster commits $12 million to real-time analytics for aquaculture project
The Atlantic Canada-based Ocean Supercluster has committed close to $12 million to a project focused on providing real-time…
Clearbanc expands reach of revenue financing model with new product for early-stage founders
Clearbanc is currently testing out a new product in public beta, ClearAngel, that will allow companies at the earliest stages…
Galvanize to be acquired by Diligent for reported $1 billion USD
Risk management and compliance software company Galvanize is set to be acquired by Diligent Corporation, a corporate governance…
The Accelerator Centre appoints new CEO Jay Krishnan as it looks to adopt a more global mindset
The Accelerator Centre (AC) has a new CEO that the organization is hoping will bring a more global lens to the accelerator’s…