TSX-listed Q4 Inc. to go private with $257-million buyout by Sumeru Equity Partners
Q4 Inc. to join growing list of recent Canadian tech IPOs to change course.
F|T: The FinTech Times – FinTech startups dominate Fast 50, former NYSE president in talks to reboot FTX
Plus: Tax Court disqualifies government loan spending from SR&ED.
SR&ED stress might be around the corner for startups come tax time
Plus: Alberta’s battle over who is an ‘engineer’ hits the legislature.
These three Fast 500 companies are hiring software engineers in Canada
The Fast 500 lists North America’s fastest growing tech companies… and many are hiring.
H|T: The Healthtech Times – Former unicorn Olive AI winds down operations
Plus: Nova Scotia taps Maple for province-wide virtual care.
Recharge Véhicule Électrique raises over $7 million to expand at-home EV charging
RVE’s president says the funding will help free up 4,000 megawatts of power from the grid.
R|T: The Retail Times – Shopify and Lightspeed shares surge after beating forecasts
Plus: Amazon unveils first BNPL option for SMBs through Affirm.
Dapper Labs, Nesto, Certn, top Deloitte’s 2023 Technology Fast 50 list
FinTech startups made a mark on the list of Canada’s leading technology companies.
Quantum startup Photonic raises $137 million CAD, strikes strategic partnership with Microsoft
Photonic has an “audacious” five-year plan to build a fault-tolerant quantum computing platform.
A|I: The AI Times – Jim Balsillie says “AIDA needs to be scrapped completely” as Biden lays out new executive order
Plus: Thomson Reuters commits $100M a year to GenAI, Google $2B to Anthropic.
NGen commits $19 million to 12 new AI manufacturing projects
Industry contributions bring the total value of the projects to $55 million.
Private equity firm Vertu Capital acquires developer platform ActiveState
Vertu closed $300 million CAD for its first private equity fund in March.
Virtual care platform Mednow announces restructuring, looks for buyer
Receivership occurs just over two years after listing on the TSX Venture Exchange.
S|W: The SaaS Weekly – John Chen retires, Hyatt brothers return with DataStealth
Plus: Uber, Lyft to pay $328 million to settle wage-theft allegations.
Universities of Regina, British Columbia among 19 recipients of CRIN’s $16.1 million CAD commitment to clean up Canada’s oil and gas industry
CRIN received $100 million from the SIF in 2020 to lower the environment impacts of fossil fuels.