$100-million credit facility from La Caisse helps AppDirect make second energy brokerage acquisition this year
Canadian-founded software firm buys Québec-based DNE Resources following purchase of Broker Online Exchange.
David Dufresne joins AQC Capital, Nick Chen makes partner at Golden Ventures
Dufresne and CMD Capital co-founder Matt Roberts move elsewhere in Canadian VC after halting fundraising.
With $3-million pre-seed round, Xatoms launches pilot projects to purify water with quantum chemistry
Toronto-based startup hopes to become leading AI platform for photocatalyst discovery.
June Health launches menopause platform nationally to connect women with healthcare through employer plans
Digital health platform aims to streamline access to menopause symptom treatment.
Cohere bringing AI into public sector through partnerships with Canadian, UK governments
AI startup says it will heed Prime Minister’s call to make government “more productive and efficient.”
CVCA calls for Digital Services Tax pause to avoid retaliatory US tax changes
Multiple industry groups wary of “dire downstream effects” for Canadian investors, companies.
Sezzle sues Shopify for alleged “unfair” privileging of its own buy-now, pay-later feature
Lawsuit claims Shopify charged businesses fees and redirected potential Sezzle customers to its own service.
AI minister Evan Solomon wary of overdoing regulation, but says Bill C-27 “not gone”
Tech leaders call for procurement strategies that benefit Canadian AI companies following minister’s remarks.
Montréal tech looks to scale up with opening of Ax.c innovation hub
Sprawling space has booked 40 startups for office leases, with dozens more on the waitlist.
Former Anges Québec CEO Geneviève Tanguay joins Panache Ventures as partner
New appointment follows executive shake-ups at early-stage VC firm.
Vessel raises $10.3 million to retool VC for the age of AI
Platform developed by two ex-LPs aims to automate “grunt work” for GPs and improve LP relationships.
The can’t-miss events at Saskatoon Startup Week and Ottawa Innovation Week
Must-attend events include AccelerateOTT on June 12 and Saskatoon’s Fail Fest on June 13.
Investissement Québec records annual loss on VC and fund investments
Provincial investment agency’s overall $13-million return came in well below $194 million forecast.
Portless raises $24.7 million to be retailers’ port in a trade storm
Logistics startup gives importers alternative to up-front duties following end of “de minimis” exemption.
Fispan continues industry trend of secondary-heavy deals with Series B round
Vancouver-based embedded banking startup says it’s bringing in $34 million annually.