Montréal payment tech company Nuvei files for IPO on TSX
Montréal-based FinTech company Nuvei has filed to go public on the Toronto Stock Exchange. Nuvei filed a preliminary prospectus…
ProNavigator raises $5.6 million to tackle United States insurance market
Kitchener InsurTech startup ProNavigator has closed a $5.6 million CAD financing round to help it increase its presence in…
Five Canadian startups among Google’s inaugural Women Founders accelerator cohort
Five Canadian startups are among the 12 chosen to participate in Google for Startup’s first Women Founders accelerator cohort.…
AutoTech startup Acerta secures $5 million USD of new capital in OMERS-led Series A
Acerta Analytics, which uses machine learning to help automakers perform quality control, has announced a $7 million USD ($9…
Canadian government extends BCAP loan program to June 2021
The federal government has announced that it is planning to extend its Business Credit Availability Program (BCAP), which was…
Government to extend CEBA $40,000 small business loan applications to October 31
The Government of Canada announced that it is extending applications for the Canada Emergency Business Account (CEBA) until…
New temporary policy to allow foreign workers to apply for work permit without leaving Canada
Earlier this week, Canada’s Minister of Immigration, Refugees and Citizenship, Marco E.L. Mendicino, announced a new…
Vector Institute establishes AI engineering team to turn research into practical applications
The Vector Institute for Artificial Intelligence has announced that it is establishing a new AI engineering team meant to take…
AlayaCare secures $15 million debt facility from CIBC Innovation Banking
Montreal-based healthtech startup AlayaCare has secured $15 million CAD in growth capital financing from CIBC Innovation Banking.…
Life sciences-focused ACTO announces $11.5 million USD Series A raised at height of the pandemic
Toronto-based startup ACTO has announced the $11.5 million USD ($15 million CAD) Series A round it closed in April, adding…
SWTCH raises $1.1 million to expand smart electric vehicle charging across North America
SWTCH Energy Inc. and its co-founders Carter Li and Laura Bryson are looking to address the challenges of urban electric vehicle…
Canadian venture capital investment hits record in Q2 2020 despite COVID-19
Venture capital investment in Canadian companies hit a record high in the second quarter of 2020, much to the surprise of industry…
Insurtech Breathe Life raises $11.5 million CAD to accelerate go-to-market strategy
Breathe Life, the Montreal startup that has developed a software-as-a-service (SaaS) platform for insurance carriers, has raised…
11 Canadian startups at Y Combinator’s Summer 2020 Demo Day
This week, Y Combinator (YC) is holding its Summer 2020 Demo Day, the 31st for the Silicon Valley incubator. Twelve Canadian…
IBM pursuing global expansion of “made-in-Canada” internal incubator program
IBM is in global expansion mode for an internal employee incubator that was first launched in Markham, Ontario in 2018. The…