Exro to acquire California-based SEA Electric in $332-million CAD EV-tech deal
Exro said deal provides it with “a defined path” to profitability.
Canadian Startup News
With federal backing, University of Calgary gears up to launch ElevateIP Alberta program
Startups will be able to access up to $100,000 in IP-related funding.
Tokens.com blazes in asset sale to StoryFire
The Web3 business has also put its domain up for sale.
Communitech names six new Canadian tech companies on track to reach $1 billion in revenue by 2030
The startups include GoBolt, Humi, Smile Digital Health, SWTCH, ZayZoon, Connect Tech.
AI-powered medical record reviewer Wisedocs closes $12.7-million CAD Series A round
Wisedocs claims it has more than doubled its customer base in 2023.
Sports content startup STN Video acquired by Minute Media
Victoria startup’s platform distributes video content from major sports leagues.
Femtum raises $5 million CAD to commercialize lasers for semiconductor manufacturers
Seed round was led by deep tech fund i4 Capital and ELAS Technology Investment.
University of Calgary’s “venture philanthropy fund” UCeed targets pre-seed funding gap
Three and a half years since its launch, UCeed has grown into one of Canada’s most active early-stage investors.
In banking licence pursuit, Koho is chasing a “seat at the table” and real competition
Former Tangerine CEO Peter Aceto tapped to lead Koho Bank.
Innovate BC taps IP expert Peter Cowan as next president and CEO
Cowan most recently led Ontario’s intellectual property agency.
Eight Canadian foodtech projects receive $1.9 million in pilot funding from CFIN
Supported projects include short-haul delivery robots and augmented reality training programs.
After years of providing free accounting and invoicing software, Wave rolls out paid model
CSO says new tiered, subscription-based pricing gives Wave a “sustainable way to grow.”
Startup consulting firm Flow acquired by Deloitte Canada
Flow helps companies source funding like SR&ED credits.
F|T: The FinTech Times – Brex burning bucks while Klarna mulls IPO
Plus: Visa partners with Plug and Play to support Canadian FinTech.
Interest rates remain unchanged (for now). What does that mean for Canadian tech in 2024?
After a down year, ecosystem insiders offer caution and optimism.