Fiserv to acquire Payfare in $201.5-million CAD deal after swiping its DoorDash business
Pending transaction follows Payfare’s share price plummet and strategic review in September.
Province funnels $9 million into Québec Tech amid critiques over government spending
Minister Christopher Skeete: Québec startups can’t compete at a global scale without government assistance.
Glen Ventures lands $5 million CAD from IQ fund to back early-stage healthtech startups
VC firm to raise dedicated fund in new year separate from government mandate.
The year quiet quitting got loud for tech execs
A tidal wave of executive turnover hit Canadian tech in 2024. What can founders learn from the aftermath?
Fall Economic Statement brings more delays for open banking in Canada
Feds up FCAC commitment but push open banking rollout to 2026, with several legislative hurdles to overcome.
Feds struggle to table Fall Economic Statement following Minister Freeland’s shock resignation
Mini-budget with many tech commitments comes during a day of chaos on the Hill.
Jolt Capital moves newly acquired French semiconductor carveout to Québec
Dolphin Semiconductor establishes Montréal headquarters with $40-million CAD investment.
Feds announce VCCI renewal, SR&ED and pension fund changes ahead of Fall Economic Statement
SR&ED expands eligibility while pension fund investment incentives get sweetened.
Flare raises $42.5-million CAD Series B to go global with cyber threat detection tech
Threat exposure management startup aims to head off credential theft with AI tools.
Early-stage startups grapple with fallout after Québec-funded investment program suspended
Montréal founders say their rounds fell apart after Impulsion PME’s “safety net” for investors disappeared.
Aramis Biotechnologies secures $80 million CAD for vaccine development do-over
Former staffers from Medicago get another shot at vaccine development with renewed backing from federal government.
KisoJi raises $57-million CAD Series B to advance antibody cancer therapy
Montréal-based biotech company using AI to boost antibody identification platform.
Sheertex maker SRTX gets $35 million CAD backing from IQ to grow manufacturing operations in Québec
STRX looking to close $70-million CAD convertible note financing round before end of year.
Montréal tech marks year’s successes and struggles at sixth Startup Community Awards
Startups honoured included item-sharing app Partage Club and fundraising platform Zeffy.
Nurau raises $1.5 million CAD in seed funding to take AI-powered HR coach to the US
Montréal-based startup claims its conversational AI platform can reduce HR complaints. What are the risks?