After over a decade at Lightspeed, JP Chauvet aims to be “good sounding board” as Inovia’s newest executive-in-residence
In wide-ranging BetaKit interview, Chauvet takes stock of Lightspeed tenure, shares plan to help other entrepreneurs.
Canadian Startup News
Canadian-founded Staging Labs acquired by Merkle Science
Staging Labs uses real-time tech to detect and block malicious crypto transactions.
Surveillance hardware tech startup Vosker secures $171.2 million CAD in debt financing
Startup develops solar-powered remote-monitoring cameras that work without Wi-Fi or electricity.
McRock Capital announces initial $111-million CAD close of third fund
McRock had previously set a $200 million target for Fund III.
Anthropic’s AI chatbot, Claude, is now available in Canada
Anthropic positions itself as the safety-conscious competitor of OpenAI.
Mesosil secures $2.2 million to develop infection-fighting biomaterials for medical devices
GreenSky-backed University of Toronto spinout has set its initial sights on dentistry.
MaRS makes layoffs as part of business model “resetting”
Innovation hub wants to “significantly increase engagement with the private sector and philanthropic circles.”
Feds resume SDTC funding under NRC following damning AG report
Auditor General found “significant lapses” in STDC’s governance and management of public money.
Shopify acquires popular no-code checkout customizer Checkout Blocks
The acquisition has made Checkout Blocks’ starter version free for all Shopify Plus merchants.
Hunting remote sea mines helped Kraken Robotics’ revenue swell in Q1
Firm helping the Canadian Navy identify and dispose of underwater explosives off Canada’s coasts.
BC’s Centre for Innovation and Clean Energy opens $3-million call for wildfire management tech solutions
The non-dilutive funding will support technology aimed at helping communities adapt to, prevent, and mitigate the impact of…
Apollo Insurance closes $18.5 million CAD for new buy now, pay later subsidiary
FinShore allows Apollo’s customers to defer payments on their insurance premiums.
Valsoft nabs Progitek in sixth acquisition of 2024
Valsoft closed $229 million CAD in growth financing in January to expand its portfolio.
After validating “enterprise farming playbook” in the US, IntelliCulture closes $3.5 million
AgTech startup is now looking to grow its team, double down on R&D.
Acorn Biolabs announces $11-million CAD Series A to boost access to regenerative medicine via cell preservation
Biotech startup aims to unlock hair regrowth, skin rejuvenation, disease treatment by preserving cells.