Sagard hires Georgian’s Parinaz Sobhani as investment firm’s first head of AI
Alternative asset manager bets AI will play a big role in investing over the next decade.
Canadian Startup News
FansUnite sells American subsidiary back to co-founders, delists from TSX
FansUnite said it expects to retain approximately $500,000 CAD to “explore new business opportunities.”
Hardbacon to file for bankruptcy after Google search changes crush affiliate business
CEO says Google’s algorithm updates decimated SEO-reliant financial product referral revenue.
Shopify taps Microsoft executive Mikhail Parakhin as its new CTO
Shopify CEO Tobi Lütke praised Parakhin’s “deep expertise” in AI and machine learning.
New School Foods lands big fish as IKEA joins returning investors in $8-million CAD seed extension
Startup plans to bring plant-based salmon alternative to US, Canadian markets.
Uni-One closes $10-million CAD Series A as foodtech startup’s revenue run rate surpasses $100 million
Vancouver startup claims $60-million post-money valuation, plans to launch in the US later this year.
Happipad has only signed 31 leases since signing $1.3-million deal with Nova Scotia last August
Province referenced 130,000 empty bedrooms when signing deal with the home sharing platform.
BC chopstick recycling startup ChopValue picks up additional $4 million CAD
ChopValue recently launched a parent brand to bring its micro-manufacturing model to new resources.
The right Caliber for Canada
How an international deeptech company found product-market fit in the Canadian market.
TSX-listed Givex to be acquired by American payments firm Shift4 for $200 million CAD
The all-cash transaction will pay $1.50 per Givex share, a 55 percent premium on its Friday closing price.
Viggle AI closes $26-million CAD Series A to expand AI-powered video generator
Toronto startup behind viral Lil Yachty walkout meme fuels up to build on its growth.
ALL IN 2024 returns to Montréal for its second year
Canada’s leading AI conference to feature speakers from Mila, Forethought, and Meta.
Koho rolls out reporting feature to help Canadian renters build their credit history
New offerings for renters also include tenant insurance and cash back on rent payments.
Borealis Biosciences emerges from stealth with $202 million CAD from Novartis and Versant
Kidney disease treatment company looks to build on work of Chinook Therapeutics, acquired by Novartis last year.
Canada may lead the US on workplace flexibility, but there’s a catch
Plus: Five Canadian tech roles to apply for today.