American chip giant AMD to acquire Untether AI team
AI inference chipmaker to cease supporting its products and shut down.
Acquisitions
As aging entrepreneurs retire, BDC and FNBC announce $100 million to help Indigenous groups buy their businesses
FNBC and BDC want to help Indigenous communities buy established Canadian firms, aid “economic reconciliation.”
AppDirect eyes rising energy demand with acquisition of Broker Online Exchange
Canadian-founded software services giant continues acquisition spree with gas, electricity brokerage platform.
Rival Technologies’ parent company and Angus Reid Group to join forces in Canadian market research merger
Rival Group claims Reid family reunion will form “the largest Canadian-owned independent market research firm.”
“No plans are set” but Robinhood expects to “develop [its] offering” in Canada post-WonderFi acquisition
Robinhood Crypto SVP says US trading platform’s immediate focus in Canada is on crypto.
Robinhood to buy WonderFi for $250 million CAD as US trading platform targets Canadian expansion
WonderFi to “accelerate Robinhood’s mission” north of the border.
7Gen charges up with $48 million in debt from UK’s Zenobē to help more Canadian firms adopt EVs
7Gen claimed that this is the largest private EV debt financing in Canadian history.
FundThrough acquires American company Ampla alongside fresh Series B funding
Macroeconomic uncertainty inspired invoice factoring platform to raise $34.6 million CAD.
Kensington acquires One9 to establish a defence tech VC platform
Canadian VCs join forces to capitalize on rising interest in defence investment.
Canadian holding company Tiny buys controlling stake in DJ software company Serato for $94.5 million
Serato hopes to accelerate its growth while honouring the community of artists it serves.
Well Health to exercise call options that give majority controlling interest in strategic partner Healwell AI
Call option exercised in conjunction with Healwell’s acquisition of New Zealand healthtech company.
Descartes nabs another American company with $164.4-million acquisition of 3Gtms
Acquisition expands logistics software company’s North American reach and adds network of carriers.
Paging Dr. Cube: UniDoc to buy software from AMD Telemedicine to improve remote healthcare offering
Vancouver company recently shipped its first cube-shaped kiosks to help in conflict zones like Ukraine.
Google reportedly close to buying Canada’s AdHawk for its eye-tracking smart glasses tech
Waterloo Region startup has received investment from Intel, Sony, Samsung, and HP.
Shopify acquires search startup Vantage Discovery for undisclosed amount
Shopify CTO hints that Vantage’s AI-powered platform could help merchants advertise.