Vena Solutions set to acquire Morpheo AI in agentic capability push
Toronto startups combine to deepen the role of AI in financial planning and analysis.
Acquisitions
Sonder brand bought out of bankruptcy by TravelAI
Vancouver-based agentic travel company resurrects Canadian-founded unicorn as affiliate booking site.
Jane App acquires clinic software startup Ginger Desk
Ginger Desk is the first public acquisition for the healthcare software unicorn.
San Francisco-based GrubMarket acquires online grocery service SPUD
Acquisition expands online farmers market’s reach across British Columbia and Alberta.
TouchBistro acquired by subsidiary of Constellation Software
Harris Computer reportedly paid $100 million for the Toronto restaurant tech firm.
Assent makes first acquisition deal with purchase of German firm IPoint
Ottawa centaur says deal will help expand its supply-chain compliance platform.
MDA Space will buy 567-million-euro majority stake in French satellite company
Acquisition will create one of the largest space-based geointelligence businesses in the world, MDA says.
Descartes cruises into Latin America with acquisition of last-mile management platform Drivin
Waterloo-based logistics tech firm makes its 37th acquisition since 2016.
Paystone enters creditor protection, pursues debt restructuring, sale
London FinTech firm says debt-fuelled acquisition spree, billing error leave its options limited.
Quantum tech firm BTQ to acquire France’s QPerfect
Vancouver-based BTQ will pay just over $30 million CAD for the French quantum firm.
US finance app SoFi acquires Composer to add AI investing strategies
Acquisition of Toronto FinTech bolsters SoFi’s case to be “the everything app for digital financial services.”
Mecka AI acquires Docula as it builds the data layer for robotics
Three-person Canadian AI startup joining the majority-Canadian Mecka team.
Cognota broadens corporate learning platform with Learnexus acquisition
Toronto company says deal will help it connect enterprise customers with freelancers and agents.
Superhuman, formerly Grammarly, acquires AI detector GPTZero
Two companies with Canadian roots want to build the internet’s “authenticity layer.”
MDA Space to buy Raytheon’s satellite maker for $620 million USD
Company says acquisition capitalizes on US government’s growing demand for defence space missions.