Tribe Network launches $20-million VC fund to invest in early-stage stage businesses led by people of colour
byThe new fund aims to level the playing field for entrepreneurs facing systemic barriers.
Canadian Startup News
Startup Train returns as Startupfest 2023 announces over $300,000 in prizes
byAttendees from the Greater Toronto Area can board the Startup Train to get to the Montréal festival.
Synthetic biology startup Ardra is brewing up big plans with its fermentation technology
byDespite a tough investment climate and a series of setbacks, Ardra is up to the challenge of precision fermentation.
Someone built a guide to all the Collision afterparties
byA community-submitted list of over 50 mixers, concerts, and other events taking place the week of Collision.
Canada invests $25 million in a new program to address barriers for 2SLGBTQI+ entrepreneurs
byThe initiative will provide capital, business advice, resources, and mentorship.
Micharity targets US expansion for its charitable fundraising platform with $7 million Series A
byFollowing years of steady growth with minimal outside capital, Micharity is ready to ramp up.
Toronto-Waterloo, Vancouver, and Montréal hold the fort as Calgary and Ottawa rise in Startup Genome’s latest global ecosystem rankings
byLarger ecosystems keep the status quo, as smaller ones post slight improvement.
Kibbi, a job-finding app for newcomers created by a newcomer, raises $1.1 million CAD
byKibbi partners with agencies and claims 6,000 job seekers as users.
Shopify partners with Volt to offer open banking solutions (but not in Canada)
byFeatures available to Shopify merchants in Europe, Brazil, and other markets not beset by implementation delays.
Cohere is the highest ranking Canadian startup on Bessemer’s top 100 deeptech companies
byThe OpenAI competitor is joined on the list by Nexii, Svante, and fellow Toronto firm Xanadu.
Automotive software maker LeddarTech inks SPAC deal to go public on Nasdaq
byCEO hails agreement as “important milestone,” plans to step down.
Water sampling, agtech startups among Ontario Genomics’ first cohort for BioCreate program
byEach company will receive $150,000 from Ontario Genomics.
Collision whispers, new AI officer, fundraising landscape the talk of Vancouver Startup Week 2023
byThe vibes were positive and the takes hot in VSW’s post-COVID return.
Rollout of Canada’s Real-Time Rail payment system delayed again as project undergoes second review this year
byPayments Canada cites “current delivery delays, unrelated to the exchange technology components.”
Dapper Labs makes investment in Web3 gaming company GameOn
byGameOn is powering Karateka, a game for collecting digital fighters.