WordPress owner acquires Eric Migicovsky’s messaging app Beeper following spar with Apple
Under Automattic’s wing, Beeper aims to continue building “the best chat app on Earth.”
CleanBC program investigation prompts fear of provincial startup fallout from cleantech and grant experts
“The first people that lose out are the companies [that] the program was set up for.”
Define Capital closes $20 million to acquire and nurture profitable niche software companies
New Toronto private equity fund aims to follow in Constellation’s footsteps.
Federal government commits $2.4 billion to AI compute, startups, and safety through Budget 2024
Liberals aim to help “maintain Canada’s competitive edge” in AI with new spending.
Coinbase becomes first international crypto exchange to secure restricted dealer licence in Canada
The approval comes as Coinbase faces an SEC crackdown at home.
Brim Financial closes $85-million Series C led by EDC to fund US expansion
FinTech firm fuels up to accelerate growth south of the border.
“The stakes are high”: CCI report calls on feds, provinces to revamp approach to buying from Canadian tech companies
CCI argues public procurement improvements could help correct Canada’s “historic innovation underperformance.”
With latest funding and Scotiabank partnership, Willful sets its sights on profitability
After launching in PEI and Newfoundland in January, Willful now serves all 10 provinces.
Nuvei to be acquired by US-based Advent and taken private in $6.3-billion USD deal
Nuvei will become the latest in string of publicly traded Canadian tech companies to go private.
Carbonova secures $6 million to turn GHGs into carbon nanofibres
Alberta firm fuels up to expand its commercial production capabilities.
WonderFi responds as shareholders Kaos Capital, Mogo push for board overhaul
Kaos and Mogo want board changes. WonderFi claims Mogo wants control without paying a premium.
Tofu nets $1.2 million to fast-track hiring for tech startups
Company’s backers include Night Capital, Garage Capital, Wayfinder Ventures, Ritual Capital.
Ontario Budget 2024 tops up existing funds and innovation centres, allocates funding to healthtech procurement
Province hints that the OSC is developing new rules to support angel investors.
RealSage closes $5.5 million CAD to fuel growth of AI-powered real estate software
Proptech firm aims to serve more multi-family rental housing providers south of the border.
CDPQ’S $250-million Equity 25³ Fund is done after only four investments
Diversity-focused fund’s architect left in December to launch his own $150-million fund.