Survey finds Canadian small businesses seeing 50 percent revenue decline amid COVID-19
A survey conducted by Toronto-based FinTech startup Lending Loop has found that Canadian small businesses have seen an average…
Toronto rideshare company Facedrive to acquire HiRide
Toronto-based ridesharing company Facedrive has entered into a share exchange agreement to acquire the entirety of HiRide,…
Canadian tech CEOs: BDC loans, payroll subsidy not enough to stop COVID-19 bankruptcies
The COVID-19 pandemic is having an immediate and direct impact on the Canadian tech and innovation sector, leaving business…
Grassroots database launched to help unemployed Canadian startup workers amid COVID-19
In an effort to support out-of-work Canadian startup employees amid COVID-19, a group of Canadian organizations have created…
Federal $82 billion COVID-19 emergency response package to support businesses, workers
On Wednesday, Prime Minister Justin Trudeau announced an additional $82 billion as part of the Government of Canada’s COVID-19…
L-Spark set to host SaaS Showcase demo day virtually
Ottawa-based SaaS accelerator L-Spark has decided to move forward with its annual SaaS Showcase demo day, with the event to…
Toronto’s Sinclair Interplanetary to be acquired by Rocket Lab
Sinclair Interplanetary, a supplier of hardware, software, training, and expertise to the spacecraft community, is set to be…
Council of Canadian Innovators execs found not to have violated federal lobbying rules
Canada’s Lobbying Commissioner Nancy Belanger has found that Benjamin Bergen and Dana O’Born, executives with the Council…
Trulioo co-founder Stephen Ufford out as CEO, with Steve Munford set to take over
Stephen Ufford, the co-founder and CEO of global identity verification startup Trulioo, is stepping down from his leadership…
Canadian innovation hubs close doors to help prevent the spread of COVID-19
Innovation hubs, incubators, and accelerators across Canada are shutting down or instituting work from home policies, to help…
Canadian tech companies forced to act quickly in wake of COVID-19
Around the world, a growing number of organizations are taking serious precautions to help curb the spread of COVID-19 (coronavirus).…
Oil and gas intelligence startup Validere raises $20 million CAD
Artificial intelligence (AI) and internet of things (IoT) startup Validere has raised $20 million CAD ($15 million USD) in…
Today in funding: GradeSlam (Paper), Certn, Relay Platform
Three Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much,…
Hamilton Lane pulls out of VCCI, leaving money on the table for the federal VC program
United States-based investment firm Hamilton Lane has pulled out of the federal government’s Venture Capital Catalyst Initiative…
Nudge.ai assets acquired less than two months after company shut down
Nudge.ai, the Toronto customer relationship management (CRM) startup that shut down in January, has sold a number of its assets…