Sonya Shorey officially named president and CEO of Invest Ottawa
Shorey held the lead on an interim basis following Michael Tremblay’s November 2023 departure.
F|T: The FinTech Times – The unravelling of LoanSnap after raising $100 million
Plus: Ratehub has a new CEO.
H|T: The Healthtech Times – Amplitude Ventures closes $263M for second precision medicine fund
Plus: The new Alberta program looking to connect the healthtech ecosystem.
Tiny appoints WeCommerce head Jordan Taub as its new CEO
Tiny co-founders Andrew Wilkinson and Chris Sparling will “remain actively involved” as company chairs.
Canada’s AI Global Innovation Cluster invests $31.3 million across 22 projects
Alongside partner participation, Scale AI says the projects represent a $96-million investment.
R|T: The Retail Times – Battle of food delivery apps leads to $20B in losses
Plus: Ticketmaster hack affects more than half a billion users.
McRock Capital announces initial $111-million CAD close of third fund
McRock had previously set a $200 million target for Fund III.
Anthropic’s AI chatbot, Claude, is now available in Canada
Anthropic positions itself as the safety-conscious competitor of OpenAI.
A|I: The AI Times – Sam Altman is more powerful than ever
Plus: Can Alberta become the data centre capital of Canada?
Shopify acquires popular no-code checkout customizer Checkout Blocks
The acquisition has made Checkout Blocks’ starter version free for all Shopify Plus merchants.
BC’s Centre for Innovation and Clean Energy opens $3-million call for wildfire management tech solutions
The non-dilutive funding will support technology aimed at helping communities adapt to, prevent, and mitigate the impact of…
S|W: The SaaS Weekly – Salesforce’s first revenue miss in 18 years
Plus: Vista Equity writing off PluralSight after $3.5 billion acquisition.
Valsoft nabs Progitek in sixth acquisition of 2024
Valsoft closed $229 million CAD in growth financing in January to expand its portfolio.
F|T: The FinTech Times – Bitfarms bites back at activist takeover
Plus: Nesto eyes controlling stake in CMLS Financial.
Four women-led startups receive a combined $135,000 at Uniting the Prairies 2024
A few non-Prairies companies were recognized at the Elevate Women+ finale at Uniting the Prairie.