Europe remains hard to crack for North American GPs

While North American VCs can see the potential value in backing European startups, it hasn't been easy for firms to launch strategies. snags $7M to boost automation in landscaping, construction services, a startup building vertical software for landscaping and construction services in the U.S., has raised $7 million in a new funding round as it looks to enhance its AI-led offerings and e

Wattpad, a storytelling platform, cuts 10% of its staff as part of company reorganization

Wattpad, a Toronto-based storytelling platform owned by Naver’s Webtoon Entertainment, confirmed it laid off around 20 staff, or less than 10% of its workforce, according to a spokesperson of W

Tack One launches an improved version of its location tracker for children and seniors

Tack One, a Singapore-based startup, wants to help make sure your kids, elderly parents and pets are safe with AI-powered location technology. Today, the company unveiled its new generation of GPS de

Vancouver’s Fantuan raises $40M to deliver real Asian food at your doorstep

For those who move abroad from China, one thing they miss dearly is the convenience of food delivery apps. Fantuan, a Vancouver-based company, has been working on replicating the experience of Chinese

Canadian startups had a tough Q3, and AI’s popularity isn’t making a big difference

Funding to Canadian startups declined by 57% to $808 million in Q3 2023 from the previous quarter, per Tracxn’s Geo Quarterly report.

Pilot is a social travel hub that uses AI to help you plan, book and share trips

Pilot, a Vancouver-based startup, wants to become “the hub of global travel experience” and connect people via travel.

Plantiga Technologies’ AI-powered footwear sensor pod aims to reduce injury risks

Plantiga Technologies, a Vancouver-based movement analytics company, wants to help people improve rehabilitation and reduce injury risks through an artificial intelligence-powered monitoring sensor po

Social media giants urged to tackle data-scraping privacy risks

A joint statement signed by regulators at a dozen international privacy watchdogs, including the U.K.’s ICO, Canada’s OPC and Hong Kong’s OPCPD, has urged mainstream social media pla

OMERS Ventures didn’t exit Europe because of the market — but it had good reason to

At the outset, it may seem as if the lackluster state of the European venture market may have motivated OMERS' exit, but it appears that wasn’t the case.

Ford aims to secure battery material supply with new Canada facility

Ford is partnering with South Korean battery manufacturers SK On and EcoPro BM to build a cathode manufacturing facility in Quebec, Canada. The CAD $1.2 billion (USD $890 million) joint investment wil

Finofo secures funding to challenge traditional forex with automated solution

Exchange rate volatility has long been a major headache for cross-border businesses. Historically, companies have sought protection by purchasing foreign exchange (FX) insurance or options, but most o

HackerOne lays off 12% workforce as ‘one-time event’

HackerOne, a widely known bug bounty and penetration testing platform, is cutting up to 12% of its workforce as the global economic slowdown continues to impact the tech community. The San Francisco-b

Deal Dive: Cutting through the noise in a category clouded by catastrophic failure

The startup is building a machine, VitalOne, that can perform more than 50 blood tests and get patient results back in 20 minutes.

Tiny acquires HappyFunCorp, the prolific firm that’s built apps for Twitter, Amazon and more, for $30M

M&A and consolidation continue to be major themes in the tech world as companies look for their next steps in a tight market. That’s a trend impacting not just startups and larger tech compa

Quandri raises $8.5M Series A to bring process automation to insurance brokers and agencies

Robotic process automation (RPA) has been a buzzword for a while now, but most of the tools that try to help businesses automate their workflows tend to be generalists. Quandri, a Vancouver, Canada-ba

OpenAI’s ChatGPT iOS app now available in Canada, India, Brazil and 30 more countries

OpenAI has expanded the availability of its ChatGPT app for iOS users in India and more than 30 other countries — just a week after its launching it in the U.S. The list of new countries include Alg

BrightDrop signs Ryder as customer, starts first Zevo 600 deliveries

BrightDrop, the electric delivery van subsidiary of General Motors, has signed on supply chain logistics company Ryder as a new customer. Ryder plans to add 4,000 BrightDrop EVs to their rental and le

Spotify brings its new audiobooks service to Canada

Spotify’s still relatively new audiobooks service is expanding to Canada, the company announced today, bringing the experience to both English and French-speaking customers. Launched last fall,

Once scammed for ten grand, this VC is building a crypto security vault

One of the barriers to bringing cryptocurrency into the mainstream is the frequency of fraud in the space. Last year alone, more than $3.9 billion worth of crypto was “lost,” according to an indus
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