Plutera Capital buys Hardbacon’s assets out of bankruptcy following 2024 shutdown
Newly launched affiliate marketing firm aims to restructure and transform the former FinTech startup.
Canadian Startup News
Canadian-founded Clay achieves unicorn status with $57.5-million raise
Customer research AI startup CEO claims its 6x growth in 2024 prompted existing investors to “double down.”
Optable raises $28.8 million to grow data management solution in United States
Funding for the adtech venture led by Telus Global Ventures with participation from many returning investors.
Shopify president calls Montréal “the most entrepreneurial city on the planet” at North Star event
Event panel included insights from Stay22, Dialogue, Nesto, and PemPem founders.
Liberal leadership candidates signal party pivot on capital gains tax rate changes
Carney, Freeland, and Gould express willingness to reverse course on divisive policy.
Innovation Minister says Canada will review business relationship with Amazon following Québec retreat
Open letter says Amazon’s decision “raises questions” about its commitment to Canada.
Wound care device maker MolecuLight secures $39.5 million CAD from UK-based Hayfin
Toronto-based company says funding will support new thermal imaging, 3D visualization features.
AstraZeneca to invest $820-million CAD in Ontario facilities expansion
Invest Ontario providing $16.1-million CAD grant to support life sciences sector growth.
Street Context acquired by American market intelligence firm BlueMatrix for undisclosed amount
Combined company will integrate authoring, financial data, and consumption analytics into one platform.
QueerTech launches new 2SLGBTQIA+ accelerator and names Virtual Gurus’ Bobbie Racette board chair
The program launch follows QueerTech’s acquisition of Gradient Spaces last year.
Basetwo closes $16.5-million CAD Series A round to optimize manufacturing with AI copilots
Company claims AI model armed with physics, chemistry expertise can cut inefficiencies in mass production.
Atlantic Canada’s startups are finding creative ways to grow
Axtion, Curv Health among those navigating limited access to venture capital in the region.
Private equity firm Novacap raises more than $1-billion USD for first digital infrastructure fund
Novacap CEO says digital infrastructure will remain in high demand due to growth of AI.
Canadian quantum commercialization and research projects get federal funding boost
Three commercialization projects get $4.7 million from DIGITAL, NSERC grants $74 million to 107 research projects.
Amazon to close all Québec facilities, hand over delivery to third parties
Local courier Intelcom may be poised to take over deliveries, Radio-Canada reports.