Descartes Systems Group acquires shipment management SaaS provider Supply Vision for $16 million CAD
With the purchase, Descartes wants to increase its shipment management capabilities.
Canadian Startup News
Radical Ventures raising new $550 million USD fund as AI sector heats up
Radical managing partner believes “AI will eat all software over the next decade.”
Nuvei enters $1.7 billion CAD deal to acquire US payments tech firm Paya
Paya’s share price climbed by 24 percent following the news of its potential acquisition.
BDC Capital report finds Canadian VCs are hiring more diverse candidates but facing difficulties with talent retention
DEI survey also indicates VC firms, portfolio companies lack diversity at decision-making level.
Tech companies still looking for remote workers across Canada
Info-Tech, Thinkific, Autodesk are all currently hiring.
NorthStar raises $47 million CAD Series C round for expected satellite launch in mid-2023
The Montréal startup provides monitoring solutions for all near-Earth orbits from space.
ApplyBoard announces leadership switch-up, with founding CEO replaced by brother
ApplyBoard quietly replaced CEO with its CMO last summer.
Ontario-wide collaboration on Canadian-made electric vehicle unveiled at CES
Project Arrow started as a design competition, won by Carleton University.
Bird Canada takes international counterpart Bird Global under its wing in merger
A Canadian management team will be established at Bird Global.
Salesforce layoffs show Canadian employees caught in ongoing Big Tech cuts
Layoffs at major US tech firms continue to hit Canada, Salesforce joins Amazon, Meta, Twitter.
Gradient Spaces opens applications for second incubator cohort for 2SLGBTQ2IA+ tech founders
Previous participants include Monday Girl, Rime AI, Future Capital.
World Health Organization, Canadian startup Firstline team up to combat global health threat of antibiotic resistance
The WHO’s AWaRe platform also has roots in Hamilton’s McMaster University.
Vector Institute taps seasoned executive Tony Gaffney to lead AI hub for next five years
The former CEO of Aon Hewitt Canada steps in after inaugural president steps down.
Tokens.com’s metaverse subsidiary acquires NFT minting platform CocoNFT
Metaverse Group aims to use CocoNFT’s platform to expand in the creator economy.
Ackroo acquires Simpliconnect to bolster client base
The payment solutions startup absorbs 60 clients in 350 locations in the process.