FigBytes secures $14.5 million USD in venture funding and debt
FigBytes’ funding comes as some countries are mandating ESG reporting.
Canadian Startup News
Private wireless network startup Expeto closes $12 million Series B supported by Samsung Next, 5G Open Innovation Lab
Expeto enables large enterprises to extend private networks via any type of cellular connectivity.
Former head of marketing at Klaviyo and Dropbox joins Lightspeed as chief marketing officer
Kady Srinivasan tasked with helping drive Lightspeed’s strategic growth and innovation.
Fintel Connect closes $4.8 million CAD to help financial institutions drive cost-effective growth
BankTech Ventures, EDC-backed Fintel Connect eyes US expansion.
Slack founding CEO Stewart Butterfield to depart company in January
Slack’s leader becomes latest to leave the Salesforce organization.
Top Hat acquires STEM EdTech startup Aktiv Learning
Aktiv is Top Hat’s fifth acquisition, and its first outside of publishing.
Wattpad president Jeanne Lam resigns months after being tapped to lead company
Naver Webtoon’s KB Nam has been appointed interim president.
Led by former Ada employees, Lancey secures $2 million to let B2B software buyers “try before you buy”
YC grad Lancey is backed by group that includes Panache, Garage, and Ada’s CEO.
Provincial government taps Novari Health to help reduce pandemic-fuelled surgical backlog in Eastern Ontario
Novari Health-built platform aims to cut surgery wait times.
Montréal Startup Community Awards 2022 honours #MTLtech’s best and brightest
Winners include Real Ventures’ Katy Yam, Startup Montréal’s Liette Lamonde.
Private AI secures $10.7 million CAD to protect personal data from privacy breaches
Microsoft, BDC, Twilio alum are among Private AI’s investors.
How to keep yourself safe from cyber threats
The RCMP says even tech-savvy Canadians can do more to protect themselves.
Foresight 50 list names Canada’s “most investable” cleantech firms
Second annual list identifies firms like Terramera, Ekona Power, Summit Nanotech.
Shopify, Benevity set records for Black Friday-Cyber Monday and Giving Tuesday
Shopify merchants rack up $7.5 billion in sales over the weekend.
Sanctuary secures $30 million from Canada’s SIF to build robots with human-like intelligence
The AI startup is expected to hire more than 160 employees.