Aron Levitz named co-president of Wattpad as #CDNtech executive turnover continues through the fall
Geordie Rose leaves CEO role at Sanctuary AI, becoming the second co-founder to depart this year.
Canadian Startup News
Online legal database CanLII sues Caseway AI for copyright infringement
CanLII alleges Caseway scraped 3.5 million records from its database, violating terms of use.
WonderFi CEO Dean Skurka kidnapped, released after reportedly paying $1-million ransom
WonderFi says it is providing “full cooperation to the Toronto Police Service on this active investigation.”
Citing national security risks, feds order shutdown of TikTok’s Canadian arm but forgo outright ban
Minister Champagne says Canadians can still access TikTok, calling that “a personal choice.”
Lightspeed, Well Health hit new revenue milestones in latest quarterly earnings
Lightspeed beats revenue forecasts as Well Health reaches record revenues in fiscal Q3 2024.
Longbow Capital completes $150-million initial close of second Energy Transition Fund
Fund is targeting $250 million to invest in companies that help lower carbon emissions.
MedEssist offers pharmacists medication delivery through new partnership with Uber Direct
New integration is expected to let community pharmacies across North America outsource medication delivery.
Cracking the code with AI
How Mantle used an LLM to translate a prototype project for production.
Neo Financial snags top spot on Deloitte’s 2024 Technology Fast 50
This year’s winners achieved an average three-year revenue growth of 3,559 percent.
Meet Christopher Skeete, Québec’s new minister responsible for finishing Fitzgibbon’s work
Halfway through Québec’s five-year innovation strategy, private funding and productivity are still pain points.
Manzil acquires Aghaz to expand Halal financial solutions to the United States
Deal includes Aghaz’s platform and status as a Registered Investment Advisor with the SEC.
Founders of Sysomos, Aislelabs find traction bringing their AI research to AEC
Workorb secures $2.6 million CAD to advance AI in architecture, engineering, construction sectors.
Shopify alums secure $7-million CAD seed round for AI mobile commerce platform Reactiv
Despite commitment to build in Canada, Reactiv chose more “ambitious” US-based investors.
Father-son Schwartz duo team up with FinTech founders to launch Exit North Ventures
Leaders of Canadian Fintech, CLA, Financeit, LendCare, others look to back FinTech startups with $20-million fund.
Vantage Points: Scott Langille says the next generation of BC tech needs help
Atelier co-founder launches V2, a new collective to connect BC entrepreneurs across disciplines.