What CIBC is seeing inside AI’s fastest deals
Investor insights from CIBC’s Daniel Lee and Amy Olah.
Canadian Startup News
Court allows TikTok to continue operating in Canada, for now
Federal judge asks industry minister to review decision forcing TikTok Canada to wind down operations.
Mila and Inovia launch venture fund to turn AI research “diamonds” into startups
National platform targets $100-million USD fund with plans to back 55 companies.
Teamworks, the “operating system for sports,” buys hockey analytics platform Sportlogiq
Sportlogiq says its platform is used by 97 percent of NHL teams, and serves more than 220 clients worldwide.
Feds call for proposals to build large-scale data centres in Canada
Ottawa seeks Canadian companies to build sovereign, AI data centres exceeding 100MW capacity.
Docebo deepens AI capabilities with $55-million USD 365Talents acquisition
Docebo supports how employees build skills, 365Talents helps organizations apply them.
Chata Technologies closes $10-million USD Series A to scale deterministic AI model
Calgary startup targets financial sector with AI model built to give consistent answers.
Here’s what’s actually driving Canada’s M&A market
Fasken’s Exit InSights study rethinks the conventional wisdom on Canadian tech exits.
Canadian companies are generating massive returns in the “bioeconomy”
Just 84 early-stage companies generated nearly $900 million for Canada’s GDP.
Goodfood sees “pressure” in meal kit market as it posts 21-percent drop in sales
Despite $2.6 million net loss, Goodfood exec claims Q1 represents “a clear step in stabilizing the business.”
Jetson raises $50-million USD Series A to heat more homes efficiently
Canadian VCs Garage Capital, Active Impact return to back electric heat pump startup.
Alexi escalates legal fight with Clio by filing antitrust claim
After being sued for an alleged contract breach, Alexi fires back with countersuit.
YC alum DevCycle bought by Dynatrace to help developers move fast, but hopefully not break things
Combined platform to help devs push smooth updates as software and AI-native applications become more complex.
Two years after going dark, Techstars is bringing back its Toronto accelerator
Techstars Toronto is looking for a managing director to lead its return to the city.
Dominion Dynamics raises $21 million to build Canada’s “defence neoprime”
Ottawa startup eyes prime defence contractor role as defence spending surges in Canada.