US-based JMI Equity buys out Safe Software co-founder in strategic investment
30-year-old BC firm hopes to hit $250 million in annual revenue in five years.
Canadian Startup News
Paul Patterson named CEO of enterprise data startup Cinchy
Co-founder and former CEO will develop a data product marketplace for the startup.
Eavor, Ionomr Innovations, Summit Nanotech among 13 Canadian companies named to 2024 Global Cleantech 100
Seven of the 13 Canadian cleantech companies hail from British Columbia.
Requity Homes secures $26 million for rent-to-own platform as high interest rates loom over prospective homeowners
Requity aims to help renters become homeowners in markets outside of Toronto and Vancouver.
Clinia secures Series A funding, partnership with Telus Health to deploy its search tech
CEO says endorsement from Canada’s largest healthtech player gives Clinia “visa” it needs to catch big US fish.
Top Hat CEO Joe Rohrlich and CRO Matt Schurk depart EdTech company
Departures come five months after the firm reduced its workforce by 42 employees.
Workforce micro-learning platform Spiffy acquired by Oliver Solutions
Spiffy survived the COVID restaurant crisis by pivoting to cannabis retail.
Solon Angel explains which industries will be dominated first by AI
Surprise: it’s not the ones you’d expect.
Zapier’s Reid Robinson on navigating AI integrations
Robinson believes “we’ve only scratched the surface” of what’s possible with generative AI.
Alberta Securities Commission orders crypto exchange Catalyx to cease trading following security breach, loss of assets
Catalyx announced the security breach one week after the ASC issued its initial cease trade order.
CDPQ invests $136 million CAD into AppDirect financing program for tech advisors
Investment builds on initial $100 million AppDirect received from the pension fund in 2021.
Alida appoints Efrem Ainsley CEO as software firm targets “long-term sustainability”
Ross Wainwright departs after four years with the company formerly called Vision Critical.
BenchSci trims headcount citing generative AI, economic conditions
BenchSci confirmed to BetaKit that it laid off 17 percent of its workforce.
Operto to acquire US-based proptech firm Dack, bolster property management platform
The acquisition will mark Operto’s third since 2021.
Danielle Gifford on expanding Canada’s investor funnel
Early-stage investing needs some demystifying.