Ailing MCI OneHealth divests five clinics in Calgary to Well Health for $2 million
Well called the acquisition an excellent opportunity to expand to more providers in Alberta.
Canadian Startup News
Tough Commerce raises $2 million to become Shopify for “complex” industries like construction
A former Shopify engineering lead joined Tough Commerce as investor, board member.
Energy management startup Peak Power raises $47 million CAD to expand across US
Peak Power to expand energy storage tech as new US tax incentive drives adoption.
Stathera closes $20 million CAD Series A to commercialize semiconductor timing tech
CEO: tech will help wearable IoT device manufacturers save space, simplify supply chains.
Withe raises $1.1 million in mission to address hospitality hiring challenges
The Vancouver-based software startup lists Marriott International as one of its users.
Shopify claims best conversion rates among checkout solutions on the market
Shopify said its overall conversion rate outpaces competitors by 36 percent.
Lightspeed Commerce makes gains in fiscal 2023, fourth quarter
Revenues up, losses down but Lightspeed shares slide on the market.
1Password launches passkeys for businesses as shift to passwordless picks up
1Password is among tech giants like Google and Apple leading the move to passkeys.
CVCA: Canadian venture capital continues to fall back to pre-pandemic levels
Canadian trends are in line with the US and global results.
Bloom raises $7 million to make applying for reverse mortgages easier
Bloom combines the use of an online registration form and live customer service.
Pfizer Canada partners with Communitech to launch health-focused accelerator program
The open call for proposals ends on May 31.
Tehama returns as management team buys it out of bankruptcy
CEO Paul Vallée said he’s “pretty chuffed” about the new startup.
Alberta’s tech sector remained resilient in first quarter of 2023
Jobber’s megadeal pushed venture funding over $200 million in the first three months of the year.
Wealthsimple to let users insure up to $300,000 as global bank failures prompt better depositor protection
When SVB collapsed, US depositors could only insure up to $250,000.