Alberta Innovates the second provincial innovation agency affected by cyberattack this year
A breach affected Invest Nova Scotia in May that resulted in $573,000 in stolen funds.
Lightstrike raises $1.1 million CAD pre-seed round to commercialize AI-powered code mapper
Round leader Sprout Fund helped Lightstrike founders “mature at a breakneck pace.”
Federal government reinvests in Scale-Up Platform with $47.5 million commitment to Invest Ottawa, MaRS, and Communitech
Scale-Up Platform offers regionally tailored programming for entrepreneurs in high-growth sectors.
Nuvei posts revenue growth in final earnings as go-private deal gets green light
Having received regulatory approval, Nuvei expects its $6.3-billion USD go-private deal to close on Friday.
Richa Mehta joins Radical Ventures as San Francisco-based partner
AI-focused VC firm launched a new $800-million USD growth fund in August.
1Password alters leadership with David Faugno appointed co-CEO alongside Jeff Shiner
Faugno was tapped to serve as the company’s first-ever president and COO last year.
4AG Robotics, Daanaa return to Foresight’s 50 “most investible” cleantech ventures list in 2024
Panel of cleantech investors evaluate potential economic impact, leadership team, and environmental impact.
ImaginAble Solutions founder Lianna Genovese recognized at 11th annual Muhammad Ali Humanitarian Awards
The young Canadian founder accepted the award on the same stage as Shaquille O’Neal.
Online legal database CanLII sues Caseway AI for copyright infringement
CanLII alleges Caseway scraped 3.5 million records from its database, violating terms of use.
Longbow Capital completes $150-million initial close of second Energy Transition Fund
Fund is targeting $250 million to invest in companies that help lower carbon emissions.
Manzil acquires Aghaz to expand Halal financial solutions to the United States
Deal includes Aghaz’s platform and status as a Registered Investment Advisor with the SEC.
Shopify alums secure $7-million CAD seed round for AI mobile commerce platform Reactiv
Despite commitment to build in Canada, Reactiv chose more “ambitious” US-based investors.
Procurify launches new accounts payable product following growth capital from CIBC
Procurement startup secured $68 million CAD Series C round in 2023.
Vantage Points: Alison Taylor thinks tech is actually kind of weird
Jane App co-founder says she doesn’t understand recent calls for businesses to leave Canada.
Founders of Propel Holdings, Plusgrade, and Redbrick among 2024 EY Entrepreneur of the Year regional winners
Regional winners will compete for national title to represent Canada globally in Monaco.