French private equity firm Jolt Capital to open North American headquarters in Montréal
Former Scale AI COO Clement Bourgogne will head the deeptech investor’s Canadian operations.
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.