Propel unveils latest Atlantic Canada cohort, ventureLAB opens applications for semiconductor incubator
Atlantic Canada accelerator Propel has unveiled the startups participating in its latest cohort, while Markham, Ont.-based ventureLAB has opened applications for its semiconductor-focused incubator, the Hardware Catalyst Initiative (HCI). Propel touts a continuous intake mode, which allows applicants to join its accelerator 12 months of the year, rather than waiting six to 12 months for […]
Hard Knocks: The lawyer behind some of Canada’s biggest (and quietest) deals
PRESENTED BY This is the second feature in our Hard Knocks series, presented by Mantle, which shares insights, war stories, and lessons learned from key players behind the scenes in Canadian tech: the ecosystem builder, the advisor, the investor, and the founder. Not many people have behind the scenes access to Canada’s biggest tech exits and funding […]
Wealthsimple enters mortgage space through Pine partnership
Wealthsimple has officially launched into the mortgage space through a new partnership with Toronto-based digital mortgage startup Pine. Wealthsimple has introduced a new co-branded mortgage product that uses Pine’s digital application platform. This service includes support from Pine’s advisory team throughout the application process. According to the companies, users can receive a pre-approval rate in […]
Xatoms is planning a quantum leap to clean the world’s water
It was on a backpacking trip to India at the age of 14 that Diana Virgovicova got her first glance at the human cost of water pollution. Rivers play a vital role in the natural ecosystem and the livelihoods of millions in India, but in the suburbs of Mumbai, Virgovicova observed that these critical waterways […]
S|W: The SaaS Weekly – Is Bill Gates still the real brains behind Microsoft?
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using this form to ensure you don’t miss out on the most important SaaS news every week! Bill Gates never left Publicly, Gates has been almost entirely out of the picture at Microsoft since 2021, following […]
The Growcer raises $3 million Series A backed by former Farm Boy Co-CEO Jeff York
Ottawa-based The Growcer has raised $3 million in Series A funding to expand the market reach of its modular vertical farms. Growcer said it has over 80 farms across the country growing more than 10 million servings of leafy greens annually. The round was led by building-services provider Modern Niagara, cleantech investor Jeff Westeinde, and […]
Maia Farms secures $2.3 million as it looks to turn mushrooms into meat alternatives
Vancouver-based foodtech startup Maia Farms has closed $2.3 million in pre-seed financing as it looks to expand the production of its mushroom and mycelium-based protein ingredients. The round was co-led by California-based Joyful Ventures, Saskatchewan-based PIC Group, and Alberta-based Koan Capital. The round also included participation from angel investors within the Creative Destruction Lab. “We […]
ACOA grants Springboard Atlantic $9.8 million to aid research commercialization
The Atlantic Canada Opportunities Agency (ACOA) has given Springboard Atlantic, a collective of Atlantic Canada post-secondary institutions, $9.8 million in non-repayable funding to help companies develop their intellectual property (IP) and commercialize in the region. ACOA claims Springboard’s collaborations with post-secondary institutions have created 945 companies and generated $6.8 billion in research funds. The money […]
F|T: The FinTech Times – Jack Dorsey’s Block investigated by US federal prosecutors
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before anyone else, make sure to subscribe using this form. Federal prosecutors are examining financial transactions at Block, owner of Cash App and Square Federal prosecutors are digging into internal practices at Block, the […]
QueerTech report finds change is lagging for 2SLGBTQIA + tech workers in Canada
While more than a third of non-queer folks believe there has been progress for 2SLGBTQIA+ employees at Canadian tech companies, their 2SLGBTQIA+ colleagues aren’t quite feeling the same level of optimism. This is one of many concerning findings in a new study published by Montréal-based non-profit QueerTech. The report features a survey and interviews with […]