Redbrick expands portfolio with acquisition of video-editing software Animoto
Redbrick CEO said the company has reached $100 million in annualized revenue, 200 employees.
Canadian Startup News
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.
FinTech vertical sluggish as investors worry over economy, KPMG report says
FinTech valuations are the weakest since COVID-19 hit in the first half of 2020.
Coinberry team relaunches with APX Lending platform prioritizing ‘safety and security’
APX Lending says it stresses integrity and reliability in its crypto dealings.
Coinbase says it wants to be a long-term leader in Canada’s crypto market
With “regulatory clarity” and a new country director, Coinbase says it’s ready to grow in Canada.
Canadian startups NLPatent, BorderlessHR, Monark accepted into Google’s Women Founders accelerator
Three startups represent Canada in a cohort of 11 North American companies.
Founders of VendorPM, Shakudo, Moment Energy among C100’s 2023 fellows
C100 also appointed PointClickCare CEO Mike Wessinger, Kijiji founder as co-chairs.
Carbon Engineering sold to US oil and gas company Occidental for $1.1 billion
Squamish cleantech startup latest to be attracted by US green tax credits, incentives.
Innerspace reveals $10-million Series A round to scale workspace utilization tech
Innerspace uses offices’ existing Wi-F infrastructures to gather occupancy data.
Legaltech scaleup Athennian navigates growing pains with layoffs, leadership changes
Athennian CEO says changes part of company “preparing for its next level of scale.”