Damon Motors revs up to go public on the Nasdaq via reverse merger
The reverse merger will be completed with a UK-based spinoff of Inpixon.
Canadian Startup News
BDC Capital recommits to leading seed deals in startups across Canada with new $50-million fund
VCs applaud BDC’s commitment to direct seed funding, ask for more emerging manager support.
BenchSci, Inovia, Ada among #CDNtech orgs pledging to fight workplace hate in wake of Israel-Hamas war
The pledge holds signatories to four commitments aimed at fostering safe and inclusive workplaces.
How to navigate the “imperfect storm” of startup cybersecurity
Experts from Mastercard, Rogers Cybersecure Catalyst, and Digital Main Street offer strategies for startup leaders.
Version One Ventures explains how to fundraise when capital is no longer a commodity
GP Angela Tran says a constrained venture capital landscape requires founders to be better storytellers.
How to get hybrid work right for the long term
Hybrid work is work; it just needs a bit more infrastructure in place.
Well Health acquires two cybersecurity businesses, Seekintoo and Proack
Well claims its cybersecurity branch Cycura now supports over 200,000 end users.
FinTech startup Peloton Technologies announces acquisition of KIS Payments
The deal comes almost four months after Peloton received $1.5M from PacifiCan.
Bigg Digital Assets, owner of Netcoins, appoints Dan Reitzik as new interim CEO
Reitzik most recently served as CEO of TerraZero, a subsidiary of Bigg.
Deloitte spinout Arteria AI closes $46-million CAD Series B to help banks turn documents into data
Backers include GGV Capital, Citi, BDC Capital, Information VP, and Illuminate Financial.
Canada Growth Fund injection tops Eavor’s Series B at $182 million
The Canada Growth Fund has invested $90 million into Eavor’s funding round.
Hinton, Bengio, among 24 expert signatories with policy-focused AI recommendations in new letter
Signatories include multiple CIFAR chair members behind Canada’s Pan-Canadian AI Strategy.
Compound semiconductor pioneer GaN Systems joins Infineon with close of $830-million USD acquisition
Son of GaN Systems co-founder John Roberts calls deal “a boon for Canada.”
Google and Nvidia-backed CentML secures $37 million CAD to help companies deploy AI amid chip shortages
Toronto startup wants to help AI hardware “starvation period” by optimizing ML models.
After pivoting focus from sellers to buyers, Kiwiz hopes to be the Uber for car inspections
Kiwiz has raised $600,000 CAD in pre-seed funding.