As founding partners step back, a new Real Ventures prepares to raise its next fund
The transition of founding partners Alan MacIntosh and JS Cournoyer to board partner roles is the latest in a series of ‘changing…
Fiscal third-quarter sees Lightspeed continue growth trajectory with revenue increasing 79 percent year-over-year
Lightspeed POS saw another quarter of growth, with a 79 percent year-over-year (YoY) increase in revenue for its fiscal third-quarter…
Georgian doubles down on Top Hat with $130 million USD investment as company swaps CEOs
Longtime Top Hat investor Georgian Partners has committed an additional $130 million USD into the EdTech startup following…
MKB closes $100 million for second cleantech-focused fund
Montreal-based private investment firm Mackinnon, Bennett & Company (MKB) has closed $100 million for its second growth…
City of Kingston, Cloud DX receive funding from FedDev Ontario for healthtech innovations
On Tuesday, FedDev Ontario announced funding for two separate projects meant to support healthtech innovation in the province.…
Government reveals new credit program for hard-hit businesses will open February 1
The Highly Affected Sectors Credit Availability Program (HASCAP), which will provide financial support to businesses hardest…
BC’s Kardium raises $115 million USD for heart device technology
Kardium, a British Columbia-based medical device company, has secured $115 million USD from Fidelity Management and T. Rowe…
Canadian tech CEOs pledge to increase vaccine awareness
A group of Canadian tech CEOs are making a pledge to increase awareness around COVID-19 vaccination and encourage workers to…
DMZ returns to early-stage focus as hub eliminates “crown jewel” accelerator program
The DMZ has made major changes to its startup programming, eliminating its “crown jewel” accelerator in favour of a new…
Following Wattpad acquisition, CEO Allen Lau says “I’m not done yet”
Following the news of Wattpad’s acquisition, which will see it purchased by South Korea’s Naver Corp., CEO Allen Lau…
Wattpad to be acquired by South Korea’s Naver Corp. for $754 million CAD
Wattpad is set to be acquired by South Korean internet company Naver Corp. for an estimated $754 million CAD ($600 million…
Benevity’s Bryan de Lottinville to step down from CEO role for second time in the last year
Benevity’s founding CEO, Bryan de Lottinville, is stepping away from the leadership role – for the second time…
Think Research to acquire continuing medical education company MDBriefCase
Virtual care company Think Research is set to acquire fellow Toronto-based company MDBriefCase, for a total value of $25.3…
Vancouver e-commerce brand KITS Eyecare closes $55 million IPO, begins trading on TSX
Vancouver e-commerce retailer KITS Eyecare, a digital eyewear company, has closed a $55 million initial public offering (IPO)…
Ottawa cloud backup startup Rewind raises $19 million CAD Series A
Ottawa-based Rewind has closed a $19 million CAD ($15 million USD) Series A round of financing as it looks to capitalize on…