Sonder raises $210 million USD, surpassing $1 billion valuation
Montreal-founded Sonder (formerly Flatbook) has raised a $210 million USD ($274 million CAD) Series D funding round, surpassing…
Canadian Startup News
Prospect adds founding partner BDC as it looks to fill Canada’s talent gap
Non-profit, Prospect has brought on BDC Capital as a founding partner as it looks to fill a data and talent gap in Canada’s…
New OMERS, BMO investments bring District Ventures fund to $70 million
Arlene Dickinson’s District Ventures has received recent investments from OMERS and BMO, bringing its total fund size to…
AI and robotics enterprise startup C2RO raises $2.25 million Series A
Montreal-based C2RO, a startup specializing in artificial intelligence-powered enterprise products for retail applications,…
PayPal launches shipping platform for Canadian e-commerce businesses
PayPal is launching a new platform for online businesses to manage cross-border shipments between Canada and the US. “We’re…
MaRS shuffles venture leadership team following Salim Teja departure
Jon Dogterom has been named the new senior vice-president of venture services at the MaRS Discovery District. Dogterom replaces…
Future Skills Centre investing $7.65 million in 10 skills development projects
The Future Skills Centre announced that it is investing $7.65 million over two years for 10 projects. The projects aim to help…
CVCA, other Canadian orgs pen letter to US over “onerous” investment law
Four Canadian organizations are urging the US Department of the Treasury to exempt Canadian businesses from a law that could…
Former Enercare CEO John Macdonald joins Parity as chair of the board
Parity, a Toronto-based computer software company using AI to reduce carbon emissions for condos and multi-tenant buildings,…
Karen HR acquired by Alexander Mann Solutions
Karen HR, a Toronto-based AI company with a recruiting software tool for human resources workers, has been acquired by global…
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…
Nova Scotia’s Securicy raises $1.8 million from public, private investors
Cape Breton-based Securicy, which provides end-to-end cybersecurity tools and resources for small and medium businesses, has…
Report: Canadian businesses are lagging in the e-commerce race
The majority of Canadian small and medium-sized business (SMBs) are missing major growth opportunities by not focusing on an…
BMO, DMZ to launch Small Business Banking Challenge in October
Ryerson University’s technology accelerator, the DMZ, is extending its partnership with the Bank of Montreal through…
Weever Apps raises $1.6 million for Process Manager software
Hamilton-based Weever Apps, a B2B SaaS company that creates workplace solutions to reduce the need for paper, has raised $1,625,000…