Calgary-based Knead Technologies already embarked on its mission to curb food waste by deploying its software solution at the 2024 NFL Draft. Now, it has closed an $800,000 pre-seed round to connect food waste donors with food rescue organizations through its white-label app. “The curse of food waste is that it happens at every stage.”…
Toronto is home to a growing number of global companies, drawn to the city by Canada’s high calibre of engineering talent. Among those companies is Intuit, whose products include TurboTax, Credit Karma, QuickBooks and Mailchimp. “Working at Intuit offers the ability to impact approximately 100 million customers. It’s been 23 years and I still get…
While the broader technology sector was up 2.7 per cent on Tuesday, the Philadelphia semiconductor index was down 0.2 per cent after falling 9.2 per cent on Monday. Economy, Tech, U.S. News, Deepseek : Tech While the broader technology sector was up 2.7 per cent on Tuesday, the Philadelphia semiconductor index was down 0.2 per cent after…
The second-largest auto parts manufacturer in Canada, Guelph-based Linamar Corporation, has announced a $1.1-billion investment into domestic green auto manufacturing with the backing of the federal and Ontario governments. “It’s a win for the economy, the environment and Canadian jobs, cementing our country’s position as a leader in the EV supply chain.” François-Philippe Champagne Innovation,…
At least 80 school boards across Canada said they were impacted by the PowerSchool data breach, a number that could change as investigations are ongoing. Canada, Consumer, Tech, U.S. News, Powerschool, PowerSchool Data Breach : Tech At least 80 school boards across Canada said they were impacted by the PowerSchool data breach, a number that could change…
As TikTok and Instagram continue to prove the power of video commerce, Toronto beauty brand Three Ships has embedded live shopping events directly into their own retail site. Live shopping is like Twitch meets the Shopping Network: retail-focused livestreams gaining traction as a low-cost, high-reward marketing approach for commerce and direct-to-consumer brands looking to drive…
Saskatoon and Regina-based Conexus Venture Capital (CVC) has re-entered the province’s venture capital (VC) scene with an investment into Offstreet’s $2.4-million seed round, its first capital deployment in just under two years. “We don’t have [Big Tech] here, so you can find super talented people. This gives us an unfair advantage in attracting talent.” Matt…
Calgary and Toronto-based FinTech startup OneVest has secured nearly $29 million CAD ($20 million USD) in Series B funding to scale its presence south of the border. The wealth management software company’s all-equity, all-primary round, which closed earlier this month, was led by Salesforce Ventures. Fellow new United States (US) corporate venture capital investors Allianz…
Montréal-based payments company Nuvei has bolstered its foothold in the Asia-Pacific region by acquiring the Japanese subsidiary of British payments company Paywiser. Nuvei says it has more than 200 on-the-ground staff in the Asia-Pacific region. The acquisition includes an acquiring licence granted by the Japanese Ministry of Economy, Trade and Industry, which Nuvei says enables…
Canadian-led, San Francisco-based Nue has raised a $20-million USD ($28.8-million CAD) Series A round for its revenue lifecycle management platform. The all-equity round was led by Montréal-based venture firm Inovia Capital, who will gain a board seat, with participation from Bluefish Capital, NextWorld Capital, NJP Ventures, Operator Stack Fund, and Toronto-based Information Venture Partners. Inovia…