City of Edmonton to discuss proposed model for new innovation entity
On Monday, Edmonton’s City Council is set to discuss a proposed structure and governance model for a new organization that…
Backed by Shopify co-founder Scott Lake, RiSC Capital launches new early-stage fund focused on deep tech
Scott Pelton, former general partner of Round 13 Capital, and Colin Webster, formerly of Hero Ventures, have launched their…
With $73 million CAD, Symend closes one of the largest Series B rounds in recent Alberta history
Calgary-based Symend has raised a $73 million CAD ($52 million USD) Series B round of funding for its customer engagement platform…
Shopify begins expansion of fulfillment network to Canadian merchants amid COVID-19
Shopify has begun expanding its fulfillment network to Canadian merchants as the company continues to develop the product-market…
Shopify sees 47 percent revenue growth in Q1 2020 amid impacts of COVID-19
Shopify has released its financial results for Q1 2020, the period which ended March 31, 2020. With a total revenue of $470…
As sales return, CareGuide looks to rehire furloughed staff following COVID-19 layoffs
Like many Canadian startups, CareGuide has felt the effects of the current COVID-19 pandemic. The Toronto-based company made…
Today in Hires: Hootsuite, Element AI
Recently, two Canadian tech companies have announced new members to their teams. Here’s a breakdown of who is joining and…
ApplyBoard raises $100 million CAD, claims $2 billion ‘unicorn’ valuation
Kitchener-Waterloo-based ApplyBoard has raised a $100 million CAD Series C round of funding, with the company claiming that…
Canadian venture capital investment down seven percent in Q1 2020, CVCA finds
Venture capital investment in Canada for the first quarter of 2020 is down 7.5 percent compared to the first quarter last year,…
Shopify launches new POS connecting brick-and-mortar with online sales
Shopify launched what it is calling “a fully rebuilt and reimagined” Shopify POS on Monday. The new point-of-sale…
Minister Joly says details on RDA funding expected soon, discusses federal support of tech sector
Almost two weeks ago, the Government of Canada introduced new emergency measures specifically meant to support the tech and…
Juno College of Technology sells 12-acre campus, introduces Pay-What-You-Can ISA model amid COVID-19
Juno College of Technology has launched a “Pay-What-You-Can” Income Share Agreement (ISA) program, aimed at offering students…
OMERS Ventures announces first transatlantic fund at $750 million USD
OMERS Ventures has announced its new $750 million USD fund, the first transatlantic commitment for the venture capital arm…
Ada Support lays off 23 percent of staff amid uncertainty caused by pandemic
Ada Support, which provides an AI-powered chatbot platform for customer service teams, has permanently laid off 36 full-time…
Trudeau announces 75 percent rent relief program for small, medium-sized businesses
On Friday, Prime Minister Justin Trudeau announced the Government of Canada is implementing a program to help lower rent for…