This week, several Canadian startups have made announcements, launching new features, partnerships, and more. Here’s the latest on Canada’s movers and shakers.
Jordan Banks, the head of Facebook Canada, has announced that he’s leaving the social media giant. Banks, who oversees Instagram as well as Facebook’s Canadian operations, announced the move in an internal post that has not yet been made public.
This was the Open Mic segment at the May 2017 TechTO event.
Nymi has raised a CAD $20 million Series B from GII Tech in Dubai, with participation from Nymi’s Series A investors Relay Ventures and Ignition Partners.
RBC has announced a multi-year investment and collaboration with Toronto-based innovation hub OneEleven, with the goal of helping startups scale beyond their first million.