MolecuLight closes $11.7 million in Series C financing for market expansion
Startup’s devices use fluorescent light to spot elevated bacteria levels in wounds.
Canadian Startup News
European online car marketplace AutoScout24 agrees to purchase AutoTrader parent from Thoma Bravo
Price was not disclosed, but deal to acquire Trader Corporation is expected to close in Q4 2024.
Get ready for the BetaKit Keynote Stage at SAAS NORTH 2024
Leaders from Tealbook, Certn, Passage, and more to headline Canada’s SaaS conference November 13 to 14.
Cardata names Haywood Marsh CEO as Canadian tech executive turnover continues through the summer
Convictional, Stocksy, Sernova, and more also bring on new CEOs.
Summer hiring alert: Here are three organizations seeking tech workers in Canada
What do a construction software firm, telecom giant, and university have in common? They’re hiring Canadians.
InsurTech platform QuickFacts secures $2 million to continue North American expansion efforts
QuickFacts claimed it tripled its number of active users in the past year.
Svante gets $137-million CAD commitment from Canada Growth Fund
The funding will be used to support the development of Svante’s carbon capture and removal projects.
Paper CEO Phil Cutler out, startup cuts 45 percent of HQ staff and all Canadian tutors
Startup sees fourth round of layoffs within a year as EdTech veteran Rich Yang becomes interim CEO.
Sampler files for bankruptcy
Documents show digital product sampling startup has nearly $13 million in liabilities.
Well Health plans to spin out, publicly list SaaS and services business in 2025
Founder and CEO Hamed Shahbazi said spin out will unlock “significant shareholder value.”
Radical Ventures launches $800-million USD AI growth fund
New fund marks Toronto-based Radical’s first that focuses on later-stage AI companies.
Canadian VC investment grows in Q2 but seed funding a cause for concern
CVCA report says PE stays hot as public Canadian tech firms keep going private.
Feds inject $39.2 million into digital literacy program CanCode with renewed focus on AI
CanCode phase four aims to teach digital and AI skills to 1.5 million students and 100,000 teachers.
IRCC takes over sole administration of Start-up Visa Program from NACO, CVCA
IRCC chooses not to renew contracts with industry associations responsible for vetting SUV delivery organizations.
CruxOCM closes $23.3-million CAD Series A led by Microsoft’s venture fund
Investment empowers CruxOCM to bring co-pilot to more energy sector control rooms.