OpenText acquires solutions partner KineMatik
KineMatik offers automation tools for business processes via OpenText marketplace.
Canadian Startup News
Blanka raises $2.7 million CAD to simplify launching beauty brands
Blanka claims it can launch a new beauty brand in under an hour for less than $200.
Digital medical-billing platform ResolvMD secures $2-million loan from PaceZero to pursue strategic acquisitions
Doctor-backed Calgary startup sees opportunities across Alberta.
A|I: The AI Times – Inside Meta and Google’s plans to attack OpenAI
Plus: Voiceflow raises $15M, Horizn acquired by Inbenta.
Elevate, The Firehood reveal first cohort of 37 startups in new incubator for women entrepreneurs
Some participants already backed by The Firehood, such as Ora, Permalution, PragmaClin.
Alberta IoT, Movement51 among recipients of Alberta Innovates’ cumulative $13.6-million investment
University of Alberta secured $4.25 million across three projects.
Aptum promotes CloudOps founder to CEO following January acquisition
The company is revamping leadership as it looks to capitalize on AI-driven demand for multi-cloud solutions.
Early-stage VC funding and mega-deals carry Canada to second-largest Q2 on record
AI, cleantech stay hot as growth-stage activity keeps quiet, per CVCA’s latest report.
Redbrick expands portfolio with acquisition of video-editing software Animoto
Redbrick CEO said the company has reached $100 million in annualized revenue, 200 employees.
OCI, Communitech team up with Ukraine to seek tech solutions that address national security challenges
Participating Canadian companies will be asked to commit to a Communitech membership.
Magnet Forensics acquires digital-media startup Griffeye to help investigate child abuse online
Griffeye claims its platform is used by over 1,000 police agencies globally.
Hopper continues embedded FinTech push with Air Canada partnership
FinTech offerings now represent half of Hopper’s app revenue.
Mila’s new partnership with KPI Mining Solutions will focus AI on efficiently capturing critical minerals
Tech has become a key component in Canada’s critical mineral strategy.
Horizn acquired by US conversational AI firm Inbenta
Deal will add Horizn’s interactive product demos to Inbenta’s platform.
Dcbel closes $50-million USD Series B led by climate-focused Idealist Capital
Smart home energy startup offers bidirectional EV charging.