FinTech software firm PureFacts sells majority stake to New York-based GrowthCurve Capital
Deal reportedly values PureFacts at $250 million.
Canadian Startup News
Nuvei posts 30% revenue growth in second quarter
Nuvei announced it plans to acquire Brazil-based Pay2All earlier this week.
LeddarTech’s Nasdaq listing in jeopardy as stock falls below $1-USD minimum
Warned it could be delisted in 180 days, company secures up to $9 million USD in bridge financing.
Dax Dasilva wants his bonus
Plus: More money on the table for diverse founders.
Perceptive Space emerges from stealth with $3.9 million to help predict solar flares and other ‘space weather’
Toronto space tech startup aims to ensure safer satellite launches and operations.
Former Delve Laboratories, Dialogue leaders secure $2 million to help cyber insurance brokers sell policies and assess risk
Inscora plans to launch its “value-added cyber insurance” software by the end of 2024.
CAAIN seeks automation, “data-driven” AgTech projects for $6-million challenge
Interested parties must submit a project application form by Aug. 9.
Interior design project management platform Mydoma acquired by California’s Studio Designer
Companies will support nearly 20,000 interior designers across the United States and Canada combined.
Lightspeed beats revenue forecast in first full quarter under Dax Dasilva’s renewed reign
Montréal-based company reports 27 percent year-over-year sales increase to $266.1 million USD.
Canadian telecom is gearing up for a quantum leap
TELUS helps drive quantum research and development.
Tracktile raises $575K to bring operations software to manufacturing industry plagued with “expensive and legacy” tech
BDC selected the PEI startup as the first investment from its Seed Venture Fund.
Lithium-ion battery developer UgoWork closes Series C funding to expand HQ, production facility
UgoWork said it might raise additional capital, but declined to disclose further details.
Justice Department involved following Invest Nova Scotia employee email scam
Phisher impersonating Sandpiper Ventures received $573,000.
VitalHub agrees to acquire MedCurrent Corporation for up to $34 million
The total transaction value is dependent on annual performance over 36 months.
Ottawa announces second tranche of VCCI funding to support underrepresented entrepreneurs
An additional five VCs from Vancouver, Toronto, and Montréal will receive portions of the $25 million commitment.