Federal government looks to prop up Toronto tech ecosystem with $14.6 million in loans for six companies
Six tech companies based in Toronto are receiving a cumulative $14.6 million in loans from the federal government. The loans…
Toronto
Top Hat co-founder Mike Silagadze joins Ripple Ventures as venture partner
Less than a month after stepping down as founding CEO of Toronto-based EdTech startup Top Hat, Mike Silagadze has joined Ripple…
Second Closet secures $20 million as it shifts focus away from self-storage towards B2B third-party logistics
With new financing, Second Closet is shifting away from consumer self-storage to focus on fulfillment and last-mile logistics…
Reddit sets up first Canadian office in Toronto
Reddit is setting up an office in Toronto, representing the social media giant’s first physical Canadian location. According…
Online car retailer Clutch secures $60 million
Toronto-based AutoTech startup Clutch has raised $60 million in financing to continue with the expansion of its online car…
Silicon Valley Bank grows Canadian team with promotion, two new hires
Silicon Valley Bank (SVB) has added two new directors to its Canadian team and promoted another, as the commercial bank looks…
Uber plans to double the size of Toronto Tech Hub team in coming months
Uber is currently working to expand its more than 60 person team in Toronto, with plans to double its size in the next few…
Latest launch makes Kepler Communications largest satellite operator in Canada
Toronto-based Kepler Communications, which aims to build an in-space telecommunications network, has successfully launched…
Today in acquisitions: 7D Surgical, Zerospam, QoC, Aquatic Informatic, Apprentx, LEAF Mobile
Over the last few weeks, several Canadian tech companies have recently made acquisitions or have been acquired. Here’s the…
Microsoft expanding Canadian presence with cloud hub, data centre, 500 hires in Vancouver
Microsoft has announced plans to grow its Canadian footprint, with plans to hire for 500 technical roles for a new cloud hub…
Virtual live learning platform Disco raises $6 million CAD seed round
Toronto-based Disco, which has developed a platform allowing users to build live virtual learning experiences, has raised an…
Deloitte spin-out company Arteria AI raises $13.7 million CAD Series A round
Toronto-based Arteria AI, which applies artificial intelligence to the drafting, negotiation, and analysis of contracts, has…
Today in funding: LoginID, Visualping, ClearRisk, Emerge Commerce, Fusebill
Five Canadian tech companies have recently secured funding to fuel their growth, including LoginID, Visualping, ClearRisk,…
Gig economy FinTech startup Payfare closes public offering at $65 million
Toronto-based startup Payfare closed its initial public offering on the Toronto Stock Exchange (TSX) Friday, pulling in $65.4…
Nearing the first close of his $500 million private equity fund, Maverix’s John Ruffolo wants to help build “another 10 Shopifys”
Notable Canadian investor John Ruffolo has pulled the curtain off his new venture, Maverix Private Equity, a private equity…