Meal delivery startup Goodfood could be forced to scale back its business after reporting net losses of more than $9 million this fiscal year. The news: In its recent Market Discussion and Analysis (MD&A) report, Goodfood said it may be forced to “curtail” operations if it can’t shore up financing, delay debts, or become revenue…
Prominent Saskatoon angel investor Jesse Wiebe has pleaded guilty to unlawfully entering a home. He received a conditional discharge and a year’s probation. Wiebe, an active angel investor in Canada’s startup scene, was charged in June. According to court records viewed by BetaKit, in the early morning hours of May 17, Wiebe entered a residence…
As AI chatbots eat up website traffic, a Toronto startup is offering a tailored service for companies to boost their visibility to consumer chatbots. The news: Toronto-based ChatFeatured, an AI search optimization platform, announced on Wednesday that it had raised an oversubscribed, $2-million USD ($2.8-million CAD) equity pre-seed round, led by Toronto’s Storytime Capital and…
BY THE OPTIMIST DAILY EDITORIAL TEAM It’s hard to believe it’s almost August; if you’re anything like us, you’re probably wondering where June and July went. It happens every year: the long days, the plans you made back in May, the feeling that this summer would be different somehow. Then September arrives, and you’re not…
BY THE OPTIMIST DAILY EDITORIAL TEAM Cuba has long been known for its vintage cars — the American ones that kept rolling through decades of embargo and scarcity, repaired with ingenuity and improvised parts. That ingenuity hasn’t gone anywhere. What it’s being directed at now is something else entirely. The country is in the middle…
Greater clarity on Canadian cryptocurrency regulation appears to be on the way, andndustry leaders say the country needs it as quickly as possible. During a panel at Blockchain Futurist Conference in Toronto on Tuesday, speakers from the Canadian Securities Exchange (CSE), Grinhaus Law Firm, Shakepay, and Tetra Digital Group said that, despite recent advances like…
Vancouver-based Sustainable Produce Urban Delivery (SPUD) has been acquired by its San Francisco-based competitor, GrubMarket, for an undisclosed amount. The news: GrubMarket announced on Tuesday that it has purchased fellow online grocery service SPUD from its private equity backer, Third Eye Capital. SPUD’s brick-and-mortar retail banners, Blush Lane Organic Market and Be Fresh Market, are…
Athletes train their whole lives to be the very best at shooting a puck, hitting a ball, and putting their body on the line. But once they’re done with the championships, medals, and accolades, what comes next?? Vancouver-based startup Free Agent is molding the next step of their careers with the launch of its professional…
Canadian non-profit Futurpreneur is seeing an uptick in program applications as more Canadians appear interested in entrepreneurship. The organization provides startup financing and business development support to Canada’s young entrepreneurs aged 18 to 39. It has seen a significant year-over-year spike in applications its programs, including a 50-percent increase nationwide and a 65-percent increase in…
Source Canada, the Canadian tech conference geared toward procurement, is returning for its second edition in October with new programming tracks for defence and deep tech companies. The news: Event organizers announced on Tuesday that the 2026 Source Canada summit is coming back to Toronto on October 22, a year after its first edition drew…
