Employee time-tracking startup Replicon acquired by US-based Deltek
Deltek called this deal one of the largest in the company’s history.
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Bank of Canada taps EvolutionQ to explore impact of quantum computing on digital dollar
“The price of being late is far too great,” EvolutionQ CEO Michele Mosca says.
H|T: The Healthtech Times – AbCellera denies patent infringement, Waystar eyes $8B valuation
Plus: Truepill moves to cut share price by 90 percent.
FlipGive raises $5 million to expand fundraising platform for youth sports teams
FlipGive launched its embedded cash-back rewards shopping platform in August.
WatchMojo CEO leads Mosea $2.5 million CAD raise to help Canadians split the bill
Mosea helps groups divide expenses and send payments, but makes its money from events.
R|T: The Retail Times – TikTok to remove its Storefront integration, Instacart officially files for IPO
Plus: Hopper scores Air Canada partnership with embedded FinTech.
Conquest Planning partners with CapIntel to bring AI-powered advice to more financial advisors and investors
Two Canadian FinTech startups team up after closing Series A rounds last year.
SearchEye raises $1 million to scale platform that connects brands with content creators
Funding will help SearchEye expand capabilities, like support for audio, video, social media.
A|I: The AI Times – Tiger Global’s share sale puts Cohere at a $3 billion valuation
Plus: A new Canadian generative image startup gets $22.3 million.
Ontario government, Rogers invest combined $8.8 million for province-wide cybersecurity initiative
Canadian Cyber Threat Exchange, TMU’s cybersecurity centre are leading the initiative.
Andorix receives $54.3 million CAD in debt, equity for in-building digital infrastructure
Toronto-based startup aims to help systems like HVAC, Wi-Fi, lighting, and elevators work together on one network.
S|W: The SaaS Weekly – BlackBerry has an interested buyer
Plus: Google faces executive turnover as the company searches for a new identity.
Gambit Partners aims to take some of the risk out of early-stage investing by leaning on its LPs
Led by Relay Ventures and VTS VPs, $2-million VC fund looks to leverage its LP battalion of Canadian tech operators.
F|T: The FinTech Times – Better.com’s stock tanks, Ramp officially closes $300M at valuation haircut
Plus: Hopper’s embedded FinTech offerings are now half of its app revenue.
AI, cleantech stay hot as mega-deals carry Canada to second-largest Q2 on record
Plus: MindBridge founder Solon Angel joins Fresh Founders as managing partner.