three founders of spring activator pose for a portraits, smiling with their arms around each other
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Spring Activator acquires Future Capital to bring wealth creation to underrepresented communities

The combined investments of the two Vancouver-based organizations total over $50 million CAD. Vancouver-based incubator and accelerator Spring Activator has acquired EdTech startup Future…

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Canadian startup struggles continue as Silofit closes up shop, Top Hat and Fable cut staff
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Canadian startup struggles continue as Silofit closes up shop, Top Hat and Fable cut staff

Trio joins growing list of Canadian tech firms that have restructured or ceased operating during the downturn. More Canadian technology startups have made the…

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child literacy
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With school districts “striving to achieve more with less,” layoffs come to Paper

The EdTech startup’s founders said the decision was not made lightly. Montreal-based EdTech startup Paper laid off 105 “paperites,” or about four percent of…

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Paper acquires MajorClarity to add post-secondary planning into its K-12 platform |
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Paper acquires MajorClarity to add post-secondary planning into its K-12 platform |

Deal comes after post-secondary enrollment reaches 10-year low. Montréal-based Paper has acquired MajorClarity with the goal of integrating its career and college readiness tool…

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Able Innovations announces $7.5 million to take the pain out of patient transfer
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Able Innovations, Cognota, BlueDot among recipients of $14 million FedDev investment

Federal contribution expected to create over 230 skilled jobs across GTA. The Government of Canada has announced a cumulative $14 million investment into…

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Aktiv + Top hat logos
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Top Hat acquires STEM EdTech startup Aktiv Learning

Aktiv is Top Hat’s fifth acquisition, and its first outside of publishing. Toronto-based digital education platform Top Hat has entered into an agreement to…

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New analysis identifies 35 Canadian tech companies on path to $1 billion in annual revenue
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ApplyBoard cuts back customer experience department

Layoffs impact six percent of ApplyBoard’s workforce. Waterloo Region EdTech startup ApplyBoard announced that it has laid off six percent of its approximately 1500…

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doctor, health
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Well Health, Magnet Forensics, Dialogue Health, and Thinkific Labs

Gains and losses aren’t about the verticals, but rather the companies. Gains and losses: We have them both, as a slew of public companies…

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ApplyBoard CEO says market downturn isn’t slowing down international expansion or IPO plans
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ApplyBoard CEO says market downturn isn’t slowing down international expansion or IPO plans

CEO says ApplyBoard’s large cash reserves, “counter-cyclical” education market give startup room to grow. ApplyBoard co-founder and CEO Martin Basiri believes the Kitchener-Waterloo-based EdTech…

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Snowman gaming studio spinout Pok Pok closes $3.9 million CAD to help kids learn through play
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Snowman gaming studio spinout Pok Pok closes $3.9 million CAD to help kids learn through play

Apple Design Award-winning Pok Pok has secured backing from gaming VCs. Pok Pok was spun out of Toronto gaming studio Snowman by parents who…

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