Busbud acquires South African revenue management platform Ratality
The acquisition adds demand forecasting, dynamic pricing, and fleet management features to Busbud’s platform.
Canadian Startup News
Boeing backs Québec’s new aerospace innovation zone with $240 million CAD
Québec said Espace Aéro comes with $415 million in planned investment.
Paytm, PSP Investments alumni announce $5.25 million to build a super app for Canadian immigrants called Beacon
Beacon aims to become ‘the trusted brand for immigrants to Canada.’
CoLab raises $28.6-million CAD Series B to grow its team and incorporate AI
CoLab CEO Adam Keating said he expects to grow the team from 86 to 125 employees by the end of the year.
Pesa is banking on Canadians’ sense of duty
The very personal world of cross-border transactions.
Blossom closes $2.1 million to grow its investing social network in the US
After abandoning its brokerage vision, Blossom plans to remain a social platform.
Vantage points: MedEssist’s Joella Almeida on why being the ‘Shopify for Pharmacies’ is not enough
“Federally procured and provincially distributed” healthcare alienates practitioners from process.
Gradient Ventures’ Darian Shirazi on where AI value will accrue
A wide-angle view on the state of AI from the VC firm backing Lambda and CentML.
Bench and Shopify alumni announce $11 million CAD to build “the Stripe for accounting” with Teal
Vancouver-based Teal provides bookkeeping infrastructure to vertical SaaS companies.
Meet the founder who wants to expedite Parkinson’s patient care with her tech
Bronwyn Bridges discusses her journey into healthtech with PragmaClin and her entrepreneurial “superpower.”
Vantage points: Serial entrepreneur Ali Asaria on the Canadian tech “bubble” and how to beat the US
Tulip co-founder thinks Canada can be a global “startup amongst incumbents.”
Q1 Canadian VC funding posts mixed results as PE market rebounds, CVCA reports
Pre-seed, seed-stage VC funding declines as late-stage investment continues descent.
Lightspeed stock jumps as Dax Dasilva stays put, posts positive Q4 earnings
The firm’s founder is officially back in the CEO chair, shedding the interim label he’s had since February.
Diversio acquires CCDI Consulting to expand its workplace-inclusion services
Diversio now offers consulting services and hundreds of training courses.
Vantage points: Jocelyne Murphy on how Canadian tech can help Gen Z founders feel less alone
“I think we’re looking for the industry veterans to lean in, be mentors, and show up for us.”