IBM closes $34 billion USD Red Hat acquisition
IBM announced Tuesday that it has officially closed its acquisition of Red Hat, which has been called one of the largest tech…
Protein Industries Supercluster second cluster to announce projects
The Prairies-based Protein Industries Supercluster, one of five members of the federal government’s Innovation Superclusters…
Sidewalk Labs master plan includes $20 million CAD in venture funding, space for startups
As part of its overarching plan that reaches far beyond the Quayside development, Sidewalk Labs plans to invest more than $20…
Waterfront Toronto raises concerns as Sidewalk Labs releases Quayside master plan
As Sidewalk Labs publicly releases a 1,500-page proposal outlining its detailed plan for the Quayside project, Waterfront Toronto…
How MPP Vic Fedeli’s “demotion” could affect Ontario’s tech and innovation sector
Victor (Vic) Fedeli has been removed as Ontario’s finance minister, and will now take on the role of minister of economic…
SVB says it remains committed to Canada as Barbara Dirks steps down
Barbara Dirks, head of Silicon Valley Bank (SVB) in Canada is stepping down from her role just four months after the bank was…
Slack shares surge after direct listing on the NYSE
Slack has officially gone public via direct listing on the New York Stock Exchange (NYSE), hitting the market at $26 per share,…
Managing partner Jim Orlando departs OMERS
Jim Orlando, managing partner at OMERS Ventures, is leaving the multi-stage investing firm to reportedly lead a new $100 million…
Procurify raises $26 million CAD Series B for spend management solution
Procurify, a spend management software solution for businesses, announced today that it has closed $26 million CAD ($20 million…
Carrot Rewards shuts down app, files for bankruptcy
Carrot Insights has announced that is has shut down its public wellness and rewards app, Carrot Rewards, as of Wednesday morning.…
Three OneEleven executives gone following Ottawa and London office closures
Three executives including chief technology, marketing, and people officers have recently departed from Canadian tech hub OneEleven.…
DMZ, Google partnership giving startups access to Google certified experts
On Wednesday, it was announced that DMZ startups will now be able to access support and advice from Google certified experts…
Office tour of Shopify’s newly renovated Toronto location
Shopify recently officially opened its newly renovated Toronto office space located at the King Portland Centre. Currently…
OCE president and CEO Tom Corr steps down following layoffs, budget cuts
Tom Corr, the president and CEO of Ontario Centres of Excellence (OCE) is stepping down from his role after almost a decade…
MindBridge receives $14.5 million SIF funding to support $140 million AI project
MindBridge Analytics has received $14.5 million from the federal government to help support a “first-of-its kind”…