Communitech reduces staff after provincial funding cut greater than anticipated
Communitech has laid off 15 employees following a 30 percent reduction in its provincial government funding, a cut that was…
Carleton University receives $1 million in FedDev Scale-Up Platform funding
Carleton University has received more than $1 million as part of the federal government’s recently announced $52.4 million…
Rangle chief technology officer leaves as company restructures
Long-time chief technology officer at Rangle, Yuri Takhteyev, has left the company, BetaKit has learned. Takhteyev recently…
Parity raises $5 million to make urban living sustainable
Toronto-based computer software company Parity, which uses technology to reduce carbon emissions for condos and multi-tenant…
Lightspeed expands Connect conference to Canada for first time
Today, Lightspeed announced the launch of its 2019 conference for independent retailers and restaurants, Lightspeed Connect,…
Lightspeed receives $30 million stand-by acquisition loan from CIBC
Earlier this month, Lightspeed announced that it has received new credit facilities, including a new $30 million stand-by acquisition…
Shopify expands native ad options for online marketing
Shopify will soon be adding new native ad-buying functions for Facebook and Snapchat, as it looks to make it easier for merchants…
Claudio Rojas, NACO’s new CEO, wants to “see some magic happen” for Canadian entrepreneurs
The National Angel Capital Organization (NACO) has found its new leader after former CEO, Yuri Navarro, announced he was stepping…
Shopify officially launches Tap & Chip Reader, retail products
Earlier this week, Shopify officially launched a new retail kit in the US, finally bringing to market its Tap & Chip Reader,…
Healthtech-focused iGan Partners adds $50 million to Fund I
Toronto-based venture capital and private equity firm iGan Partners announced on Thursday, the second close of its Fund I,…
Four Waterloo projects receiving $41 million for quantum, AI, machine learning
Minister of Innovation, Science and Economic Development (ISED), Navdeep Bains, today announced a $41 million CAD investment…
Toronto FinTech, Lendified, raises $15 million CAD Series A
Lendified, a Toronto-based FinTech, announced today that it has closed a $15 million CAD Series A funding round, in order to…
MaRS, Communitech, Invest Ottawa receiving $52.4 million for “first-of-its-kind” Scale-Up program
Prime Minister Justin Trudeau announced today that the federal government is investing $52.4 million in a Scale-Up Platform,…
Danielle Graham joins Dream Maker Ventures as firm targets $75 million Diversity Fund
Danielle Graham, founder of Communitech’s Fierce Founders program, has joined Dream Maker Ventures as a principal to…
OSMO, L’Oréal Canada launch open innovation program in Montreal
Non-profit OSMO and L’Oréal Canada announced, on Thursday, the launch of an open innovation program focused on growing…