Innovation Minister François-Philippe Champagne will not seek Liberal leadership
Champagne: “I will dedicate my energy … to defend Canadian businesses.”
Uvaro acquires coding school Lighthouse Labs to take on AI-augmented job market
The two companies fit together like puzzle pieces, Uvaro CEO says.
Float raises $70-million Series B CAD led by Goldman Sachs
Funding will be used to broaden product suite and attract talent.
BBTV rebrands to RHEI, launches new AI training licensing platform for creator content
Media tech firm went private last year to alleviate “financial and administrative burden” of public markets.
Work automation platform Gumloop raises $24.5-million Series A as it relocates to Silicon Valley
Gumloop CEO says Vancouver suffers because “San Francisco is a very strong magnet for exceptional talent.”
D-Wave CEO says Nvidia CEO Jensen Huang is “dead wrong” about quantum computing
Huang sent the share prices of quantum companies down after expressing a pessimistic outlook on the sector.
Cohere launches customizable enterprise AI workspace platform North
Cohere’s answer to Microsoft Copilot and Google Vertex already has a partnership with RBC.
California-based loan collection platform Eltropy acquires Lexop for undisclosed amount
Combined company to continue operating in both California and Montréal.
Humi acquired by Australian HR software company Employment Hero
Sources told BetaKit the purchase price is $155 million CAD.
New Blue Action Canada oceantech accelerator launches backed by COAST and Founders Factory
Pilot cohort will support eight startups in BC with plans to expand Canada-wide later this year.
Shopify acquires Shop.ca domain from Emerge Commerce
Shopify continues nurturing its Amazon alternative as e-commerce competition heats up.
Valsoft reloads acquisition war chest with $216.7-million CAD funding round
Vertical software rollup company made nearly 20 acquisitions in 2024.
Thomson Reuters acquires American tax automation software SafeSend for $600 million USD
SafeSend integrates with various tax preparation products, including Thomson Reuters’s own UltraTax CS.
Champagne stays put as Liberals name new FedDev, PrairiesCan ministers in cabinet shuffle
NDP leader Jagmeet Singh says he will bring down the government when Parliament reconvenes in January.
Clio’s record-breaking funding round explains 2024’s public market exodus
Canadian tech companies tapped out of the public markets, but there’s a growing list waiting for their IPO moment.