US private equity firm Vista ups stake in Assent at reported $1.3-billion USD valuation
Company spokesperson denied that Assent had been acquired, but declined to break down post-deal ownership structure.
StatsCan finds AI adoption has doubled in businesses, but hasn’t yet affected headcounts
Survey data precedes wave of AI-first policies from giants like OpenText and Shopify.
Shopify collaborates with Coinbase and Stripe to support USDC stablecoin payments
Feature roll out allows merchants to accept USDC and convert to their local currency.
Kyle Braatz got Fullscript to $1 billion in revenue by treating every new business segment like a startup
CEO of Ottawa-based company details the slow and steady journey to a reported $2.5-billion USD valuation.
Canada Health Infoway’s AI Scribe Program hooks up primary care clinicians with Canadian healthtech
Initiative to provide up to 10,000 licences for AI documentation tools from companies like Well Health and MEDFAR.
DoorDash next on the menu as Canada’s Competition Bureau sues for allegedly deceptive pricing tactics
Lawsuit seeks an undetermined penalty and restitution to affected customers who used food delivery app.
ENVGO raises $2.7-million seed round to bring its electric “flying” boat to market
Waterloo team behind drone maker Aeryon Labs helps aerospace hit the waves.
MesoMat expects smart rubber to hit the road around the world as it builds out commercial tire-monitoring platform
McMaster spinout raises seed funding to build out its sales and commercial operations.
ApplyBoard lays off employees due to “policy changes across major study destinations”
Edtech unicorn is focusing beyond English-speaking world as Canada and US cut immigration numbers.
CarbonCure and VerticalScope replace founding CEOs as #CDNtech companies see turnover at the top
Adlib Software and Scope Technologies also recently shuffled the C-suite.
DIGITAL Innovation Cluster providing $15 million across 16 Canadian AI-based training and CareerTech projects
Projects backed by matching $15-million private investment aim to upskill and connect workers with employers.
American gig giants Instacart and Uber add Canadian executives to top leadership positions
Chris Rogers tapped to lead Instacart as CEO, Uber appoints Andrew Macdonald as global president and COO.
Canada Growth Fund commits at least $89 million to Eavor in second big investment to geothermal tech company
CGF promises another $48 million upon the completion of undisclosed milestones.
WareMatch lands $2-million funding round to expand its Airbnb-like warehouse marketplace
Strategic investor Farfill hopes to support the young company’s worldwide expansion.
Farm Credit Canada commits to investing $2 billion in AgTech by 2030
The Crown corporation’s president and CEO noted that “investment dollars have been scarce” in the sector.