Lightspeed to acquire Germany’s Gastrofix to snag more European customers
Lightspeed POS is set to acquire German POS systems developer Gastrofix. The purchase would mark Lightspeed’s largest…
Deep Genomics raises $40 million Series B for AI drug discovery platform
Toronto-based AI therapeutics startup, Deep Genomics, has closed a $40 million Series B. This brings the company’s total…
Element AI partnering with LG Electronics to co-develop AI solutions, products
Element AI has announced a partnership with South Korean multinational LG Electronics . The partnership will be focused on…
Wealthsimple registers three businesses, indicating expansion into new financial services
Wealthsimple appears to be gearing up for its previously hinted-at expansion into new financial services, with the registration…
AlayaCare closes $47.9 million CAD Series C extension, acquires Procura
Montréal-based healthtech startup AlayaCare, which develops AI-powered solutions for homecare providers, has closed a $47.9…
How CDL-Rockies programming director Kari Gordon wants to boost Alberta tech
Over the summer, Creative Destruction Labs’ (CDL) Rockies division, located at the Haskayne School of Business at the…
MolecuLite receives FDA approval for wound imaging device
Toronto-based healthtech startup MolecuLite has received clearance from the US Food and Drug Administration (FDA) for its handheld…
Marketing platform Rewardful acquires competitor SalesCamp
Rewardful, an Edmonton-founded affiliate and referral marketing platform for SaaS and subscription companies, has acquired…
Saskatchewan Trade and Export Partnership receives $240,000 to launch Trade Accelerator Program
The Saskatchewan Trade and Export Partnership (STEP), a corporation that aims to increase Saskatchewan’s export activities,…
Vancouver cleantech company General Fusion raises $85 million CAD Series E
Vancouver-based General Fusion, which is developing what it calls a limitless, clean, emission-free, and cost-competitive alternative…
White Star Capital report finds Canadian VC deal size grew, deal volume decreased in 2019
The pace of venture capital investments in Canada has increased this year, surpassing the peak years of 2017 and 2018, according…
Faire quietly rolls out service to Canadian retailers
Faire, a wholesale marketplace startup headquartered in San Francisco and Kitchener-Waterloo, recently made its services available…
Montréal’s Nuvei raises $358 million CAD, reaches $2.65 billion CAD valuation
Montréal-based FinTech company Nuvei has raised $358 million CAD ($270 million USD) in common equity financing. Following…
Dialogue to offer virtual healthcare to employees travelling in the US
Toronto-based healthtech startup Dialogue is partnering with Doctor On Demand, a virtual care provider in the United States…
Vancouver EdTech startup Riipen raises $5 million pre-Series A
Vancouver-based EdTech startup Riipen, which has created an experiential learning platform that allows companies to connect…