Canadian startup news of the week (1/15/23)
Plus: Coinsquare breaks up with CoinSmart, courts WonderFi?
toronto
Government of Canada reveals plans for $360 million National Quantum Strategy
NQS aims to support Canadian quantum research, talent, and commercialization.
University of Waterloo leading consortium for 5G innovation that includes Rogers, BlackBerry
BlackBerry, Rogers, Rockport Networks among industry partners taking part.
WonderFi releases public statement following Coinsquare merger report
WonderFi neither confirms nor denies Coinsquare merger report, saying it’s both looking at potential acquisitions and…
Aptum Technologies acquires CloudOps to expand its cloud solutions
Combination of two cloud-based businesses opens up multiple sectors for Aptum, CloudOps in Canada, US, and UK.
Glassdoor names Google, Microsoft, Salesforce among best 25 places to work in Canada
Thomson Reuters, Levio, only Canadian tech firms on the list.
GoBolt lays off five percent of staff shortly after $75 million raise, citing worsening consumer demand
With cuts, GoBolt shifts focus away from SMBs to mid-market, enterprise merchants.
Able Innovations, Cognota, BlueDot among recipients of $14 million FedDev investment
Federal contribution expected to create over 230 skilled jobs across GTA.
Coinsquare moves to terminate CoinSmart acquisition deal
CoinSmart CEO says notice took company âby surprise.â
F|T: The FinTech Times – TikTok plots push into payments
Plus: Vancouver NFT startup acquired by Tokens.com
Descartes Systems Group acquires shipment management SaaS provider Supply Vision for $16 million CAD
With the purchase, Descartes wants to increase its shipment management capabilities.
Radical Ventures raising new $550 million USD fund as AI sector heats up
Radical managing partner believes âAI will eat all software over the next decade.â
Nuvei enters $1.7 billion CAD deal to acquire US payments tech firm Paya
Payaâs share price climbed by 24 percent following the news of its potential acquisition.
AI regulation is coming. What’s Canada’s approach?
Unpacking the legislative turducken that is Bill C-27.