Vistara Growth bets on two US-based supply chain software companies
Vistara Growth recently closed $200 million for its fifth private credit fund.
Canadian Startup News
PointClickCare continues growth through acquisition with American HealthTech purchase
American HealthTech was divested by previous owner CPSI.
MindBridge headlines slew of #CDNtech companies making executive leadership changes
ActiveState, Acuity Insights, AnalytixInsight, Volaris Group, Flashfood also named new CEOs just this week.
ventureLAB receives $4.5 million from feds to scale more hardware, semiconductor companies
The funding is aimed at supporting 30 companies and commercializing 25 new products.
Bot management software startup Wysdom acquired by US-based Calabrio
Calabrio will integrate Wysdom’s virtual agent solutions into its customer support network.
NowVertical appoints Sandeep Mendiratta CEO as board looks to put company “back on track for growth”
Board promotes two leaders from NowVertical’s acquired companies to key leadership roles.
S|W: The SaaS Weekly – Exec turnover trend hits Top Hat and Alida
Plus: SAP faces hefty fines, Salesforce and Slack might be pausing tech/product hiring.
AGF Private Capital acquires majority stake in Kensington Capital Partners for $45 million
The VCCI-backed firm will retain its “investment and operational independence,” the firms say.
Springdel closes $5 million as it looks to bring automation to mobile device management
The startup’s enterprise customers include Cathay Pacific, Unilever, and 7-Eleven.
GrowerIQ acquires cannabis tech competitor Ample Organics from US-based Akerna
Deal returns Ample to Canadian ownership over three years after it was bought by Akerna.
FinTechs offer CEBA loan refinancing ahead of Jan. 18 deadline CFIB says will “strangle” Canadian businesses
CFIB claims as many as one-third of businesses won’t be able to make loan forgiveness deadline.
1QBit spinout Good Chemistry acquired by SandboxAQ
Good Chemistry’s CEO and team will join SandboxAQ’s simulation teams.
OpenAI’s GPT store launch is bigger than you think
Like with Apple in the last tech generation, it’s OpenAI’s race to lose.
ArenaX Labs closes $6 million to develop AI-powered battle game
ArenaX plans to introduce a Web3 iteration of the game, which would allow players to vie for prizes.
League Data acquires credit management software company Technicost from Co-operators
League Data is the technology partner for the Atlantic Credit Union System.