Beacon buys New York’s Haize Labs to boost AI reliability across its portfolio
AI rollup firm aims to help its Main Street software businesses deploy AI they can trust.
Acquisitions
Cohere reaches terms with German peer Aleph Alpha to take on AI giants
Combined company will retain the Cohere name and become dual-headquartered in Toronto and Berlin.
Define Capital acquires Synergy Gateway Verified as it enters the postsecondary market
SGV marks Define’s fourth acquisition to date as it nears $20 million CAD in ARR.
Tailwind finds “stable, long-term home” with Shopify acquisition
E-commerce giant brings the popular web development framework’s team in-house.
Wildfire detection startup SenseNet buys US competitor
Canadian company looks to grow US presence with purchase of N5 Sensors’ wildfire technology business.
Osedea expands consulting footprint with Ventriloc acquisition
By buying another Québec firm, Osedea hopes to build a homegrown rival to consulting giants.
Kodeon acquires mental wellness app Breethe in largest acquisition to date
Montréal company the latest to join Kodeon’s more than 30 app portfolio.
What will the Moneris sale cost Canada?
Plus: Silicon Valley’s therapists.
Convictional to shut down, return investor money, after AI-era pivot falls short
Former B2B e-commerce startup says it couldn’t find enough customers for its Slack alternative.
Medical networking app The Rounds acquired by Native Touch
Halifax-based company will maintain standalone brand and continue hiring in Atlantic Canada.
Canadian tech firms are selling to foreign buyers when it’s time to scale, CCI says
Report says difficulties securing domestic clients, capital, and talent are driving founders to exit early.
RBC and BMO to sell off Canadian payment giant Moneris in $2-billion deal
US-based private equity firm Francisco Partners purchases one of Canada’s largest payment processors.
America loves Canadian chips
Plus: Why sovereign rocket launches just got more important.
US chip giant AMD to acquire Taalas
Launched by former AMD employees and Tenstorrent leaders, Taalas aims to turn AI models into custom silicon.
Intellistake to acquire Dallas-based NanoAi for $17 million in stock
Vancouver company will combine its enterprise AI infrastructure with NanoAi’s air screening devices.