Inovia report indicates Canadian software sector is returning to normal
Canadian VC funding bounced back from an annual decline in Q4 2023 more aggressively than other countries.
Acquisitions
Exro to acquire California-based SEA Electric in $332-million CAD EV-tech deal
Exro said deal provides it with “a defined path” to profitability.
Tokens.com blazes in asset sale to StoryFire
The Web3 business has also put its domain up for sale.
Sports content startup STN Video acquired by Minute Media
Victoria startup’s platform distributes video content from major sports leagues.
Startup consulting firm Flow acquired by Deloitte Canada
Flow helps companies source funding like SR&ED credits.
Fantuan acquires Chicago-based Chowbus’ delivery business to fuel US presence
Deal comes two months after Fantuan secured $40 million USD.
Tiny to purchase WholesalePet from Emerge Commerce for $12.5 million CAD
Emerge Commerce originally acquired the online pet supply wholesaler in 2021.
AI photography startup Skylab acquired by ImageQuix
Skylab develops AI-powered tools designed to streamline the photo editing process.
Digital wealth management startup Nest Wealth acquired by Objectway Group
Deal positions Nest Wealth for expansion in EMEA.
Miovision acquires one of its customers, traffic data collection firm CJ Hensch
CEO hopes deal will give Miovision a deeper understanding of its target market.
PointClickCare continues growth through acquisition with American HealthTech purchase
American HealthTech was divested by previous owner CPSI.
Bot management software startup Wysdom acquired by US-based Calabrio
Calabrio will integrate Wysdom’s virtual agent solutions into its customer support network.
AGF Private Capital acquires majority stake in Kensington Capital Partners for $45 million
The VCCI-backed firm will retain its “investment and operational independence,” the firms say.
GrowerIQ acquires cannabis tech competitor Ample Organics from US-based Akerna
Deal returns Ample to Canadian ownership over three years after it was bought by Akerna.
1QBit spinout Good Chemistry acquired by SandboxAQ
Good Chemistry’s CEO and team will join SandboxAQ’s simulation teams.