OMERS sells medical testing giant LifeLabs to American firm Quest Diagnostics for $1.35 billion
LifeLabs will retain its brand, Canadian headquarters, and management after the acquisition is closed.
toronto
The Firehood, Pond-Deshpande Centre launch program to support Atlantic Canada women, non-binary founders
firestarter will send 10 companies to participate in Elevate Festival this fall.
Eric Sprott-backed Argo Digital Gold secures strategic investment from WonderFi, Paxos
Funded by industry leaders, Argo aims to offer “seamless crypto-to-gold trading.”
Trader Corporation and Freelance.ca strengthen their online marketplaces through new acquisitions
Freelance.ca scoops up Workhoppers, while Trader purchases Collateral Management Solutions.
Constructive criticism for Canadian VCs and founders
Plus: BetaKit: your award-winning publication of record.
Former Team Canada support staff secure $1.3 million to deliver Olympic-level corporate team building
Innerlogic seeks to speed up the path to better workplace culture with AI.
Three US companies hiring software engineers at six-figure salaries in Canada
Roles at Netflix, TradeStation, Credit Acceptance are open to Canadian senior software talent.
Following pivot to enterprise SaaS model, Haloo closes $4.7 million CAD
Startup has made key hires as it looks to scale from hundreds of SaaS customers to tens of thousands.
Healwell AI invests $2.7 million CAD into Elon Musk’s xAI to tap into company’s expertise, resources
Healwell CEO touts access to xAI’s closed developer program as big potential benefit.
Wealthsimple war rooms, Xanadu moonshots, and an Uber-inspired approach to accelerating Canadian innovation
Tech leaders share their post-ZIRP strategy at BetaKit Talks: In the Black, hosted by Float.
e-Zinc powers up with $42 million CAD to validate energy storage solution in the field
With beefed-up leadership team, CEO feels Chris Hadfield-backed e-Zinc is ready for pilot production.
From God’s Pocket to YVR, how a BC program is giving startups a major testbed for scale
Innovate BC’s Integrated Marketplace pairs local companies with major customers in key transportation hubs.
IGM Technology joins Lead Edge Capital’s portfolio with strategic investment
The $5-billion growth equity firm counts Alibaba, Bumble, Uber, and more among its portfolio.
Pay gap between men and women in tech tripled over five-year period
New report underlines the growing pay disparity among different minority groups.
INOVAIT and federal government invest $10.7 million across seven image-guided therapy tech projects
Private contributions bring the collective project values up to $32 million.