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.
H|T: The Healthtech Times – Healthtech startups get DIGITAL funding for AI
Plus: Once worth $2.3B, COVID-19 test maker Cue Health shutters.
Maxa secures Series A funding led by Framework and BDC Capital
Maxa said the new funding will fuel product development, go-to-market, and customer self-serve capabilities.
Consensus crypto conference coming to Toronto in 2025
More than 15,000 attendees and 550 speakers are at this year’s Consensus Web3 conference in Austin, Texas.
R|T: The Retail Times – Gildan’s board resigns after months of boardroom battle
Plus: Shopify convinces US court to overturn 2022 patent-infringement decision.
Genesys, Longbow and others recognized for big exits at 2024 CVCA awards
CVCA also named the Global Dealmaker, Lifetime Legacy, Community Leadership, and Regional Impact award recipients.
Accelerate Fund III backs Care Group as it looks to expand mental healthcare platform into new markets
The startup is looking to expand across Canada and the United States starting later this year.
A|I: The AI Times – OpenAI’s “whether you like it or not” philosophy
Plus: Shopify’s Tobi Lütke will help advise Meta’s AI strategy.
Amplitude Ventures closes $263 million for second precision medicine VC fund
Amplitude has already made four investments from Fund II.
S|W: The SaaS Weekly – Newfoundland’s CoLab to go on hiring spree with Series B funding
Plus: Thinkific has too much cash. That’s a real problem.
CIFAR, CABHI among recipients of more than $850 million in federal science and research funding
Two dozen third-party science and research organizations are being backed by the new Strategic Science Fund.
F|T: The FinTech Times – Bench and Shopify alumni get $11 million to launch “Stripe for accounting”
Plus: Neo Financial credit products will now report to Equifax.
DIGITAL invests $10.5 million across four AI projects from healthtech startups
Projects from Swift Medical, RxPx, Gotcare, and AlayaCare carry a collective $26-million value.