While the German city will host the new International Sustainability Standards Board, which will create global standards for financial reporting and accounting practices related to climate change, a Montreal outpost will play a supporting role, responsible for “deeper cooperation with regional stakeholders.” Offices in San Francisco and London will provide technical support, and the ISSB may also set up shop in Beijing and Tokyo. (The Logic)
White Star Capital led the Series A round for the Waterloo, Ont.-based firm; other investors included Real Ventures, BDC Capital’s Women in Technology Fund and returning backers Garage Capital and Generation Ventures. The raise includes a “large majority” of equity capital and some debt, Uvaro CEO Joseph Fung said in an email to The Logic. (The Logic)
The YouTube competitor said it’s moving into a property in Sarasota County’s Longboat Key on Florida’s Gulf Coast, with plans to hire at least 20 people immediately and “invest upwards of $50 million in the state over the next several years.” (The Logic)
Shares of the EV maker dipped after CEO Elon Musk tweeted Monday that a contract with the car-rental company hasn’t yet been signed, despite how it’s pushed Tesla’s valuation to US$1 trillion. (The Logic)
Tara Woodbury, manager for Canada series, will help develop and commission scripted shows for the streaming service in English and French. She will report to longtime Hollywood development executive Danielle Woodrow; both will be based in Toronto. Playback first reported the hire. (The Logic)
Participants in the Montreal-based company’s latest round include DigitalDx Ventures, Boehringer Ingelheim’s venture capital fund, Desjardins Capital and other investors. (Fierce Biotech)
Users in mainland China will no longer be able to access Yahoo services as of Nov. 1. In a statement, the U.S. technology company said the decision comes amid an “increasingly challenging business and legal environment in China.” (The Wall Street Journal)
The San Francisco-based company, which allows users to buy and sell real estate online, will add roughly 100 people to its engineering product-development team in Canada, starting with Toronto, by 2026. (The Logic)
The Toronto-based company said its shares will begin trading Tuesday under the ticker symbol SMRT, days after it was greenlit to be a registered exchange under securities laws. (The Logic)
Vancouver’s Lithium Americas is offering US$400 million, which Millennial has deemed superior to a $377-million bid from China-based battery maker Contemporary Amperex Technology (CATL), which was announced in September. (The Logic)