Co.Labs hires Broad Street Bulls, Rhino Ventures alum Jonathan Lipoth as executive director
Saskatchewan incubator believes it’s found its next “long-term leader.”
Canadian Startup News
Semantic Health acquired by US-based medical documentation firm AAPC
Semantic uses AI to help hospitals improve their medical coding, auditing, and documentation processes.
HS GovTech Solutions acquired by Banneker Partners
HS GovTech is the latest Canadian tech company delisting from public exchanges.
Wealthsimple rolls out private equity offering for retail investors
PE marks the third alternative investing option Wealthsimple has launched since 2022.
Birdseye closes $4.1 million CAD in seed funding for AI-powered marketing platform
The round comes eight months after Birdseye’s $500,000 USD pre-seed funding round.
Microsoft looks to scale Québec presence with $500-million USD investment
Tech giant plans to expand its AI, cloud computing infrastructure in the province.
Rogers Communications and RBC commit additional $16 million to Rogers Cybersecure Catalyst
Catalyst claims more than 7,000 people and 500 businesses participated in its programs over the past five years.
Federal Fall Economic Statement promises to expand Payments Canada eligibility, introduce open banking legislation in 2024
Canada commits to “consumer-driven finance” and more powers for the Competition Bureau.
Canadian SaaS investment rebounded in 2023, reaching nearly $7 billion
L-SPARK’s report identified 20 SaaS deals valued at $50 million or more.
RHA Ventures targets $30 million for second AgTech fund
The firm plans to invest up to $1 million into seed-stage startups.
Active Impact Investments launches third climate tech seed fund with $70 million in initial commitments
LPs include Northleaf, Fondaction, Co-operators, Deloitte Ventures, University of Victoria.
McGill, venture studio BXVentures spin out cleantech venture FeX Energy
FeX Energy uses metal fuel technology to generate renewable energy.
Federal government commits $4.8 million to Knowledge Hub, NACO through Women Entrepreneurship Strategy
The funding is aimed to create educational resources that support women entrepreneurs, investors.
PointClickCare’s Mike Wessinger on how Canada’s tech sector stacks up globally
Newly appointed C100 board co-chair talks community building, fundraising, and talent.
Four startups win over $210,000 at SAAS NORTH 2023
Among the winners are Enurgen, Strucwise, Myomar, and Soralink.