PSG makes investment in Hostaway to expand its vacation-rental software amid travel rebound
Sources indicate PSG took majority ownership of Hostaway as part of the deal.
Canadian Startup News
Report: 2021 VC boom in Canada was short-lived as market resets to pre-pandemic levels
Canada saw 12 VC-backed company IPOs in 2021; in 2022, that shrunk to zero.
SAAS NORTH producer reveals new Vancouver-based INNOVATEwest tech conference
INNOVATEwest will take place April 16 to 17, 2024 at the Vancouver Convention Centre.
Geoffrey Hinton, Yoshua Bengio warn “risk of extinction from AI” in public letter
Signatories include OpenAI’s Sam Altman, Vector Institute and Mila researchers, and musician Grimes.
Communications startup Vrify secures $6-million Series A to help attract mining investment
Vrify creates 3D visualization technology and 360-degree virtual tours of mining sites.
Ex-Panache, ScaleUp partners team up to launch new early-stage VC fund CMD Capital
As funding has dried up, David Dufresne and Matt Roberts say they plan to lead and price early-stage rounds.
Saskatoon startups SolusGuard, BetterCart win a combined $75,000 at Uniting the Prairies 2023
The investment prizes are new for this year’s conference.
Picketa raises $1.4 million CAD to help farmers analyze plant tissue in real time
Picketa “releaves” farmers of long turn-around times for agricultural testing.
Three SaaS companies hiring software developers in Canada
Autodesk, Ceridian, and Opentext are looking to hire software developers in Canada.
Cognosys raises $2-million seed round to create AI personal assistants
Vancouver startup attracts prominent investors, including Google Ventures, Cohere
Summer camp for Canadian tech is back: Startupfest returns July 12-14
This year: more Premium Fests, Investor Match-Ups, fan-favourite Grandma judges, and BetaKit.
Wingmate secures $1 million CAD to market and sell its lead-generation app for frontline staff
Wingmate aims to make “sales and service a team sport,” giving incentives to field staff to chase down leads.
Spellbook, formerly Rally, raises $10.9 million to automate legal contracts using generative AI
The company is rebranding as part of a new focus on its AI tool and strategy.
BenchSci closes $95-million CAD Series D to expand AI drug-discovery platform
BenchSci aims to help pharma companies speed up R&D using AI.
Locorum raises $1.2 million to help local service businesses grow through referrals
Locorum’s platform rewards customers for hiring local service providers.