QueerTech acquires accelerator Gradient Spaces to support more 2SLGBTQ+ tech workers
According to QueerTech, less than one percent of venture capital deals go to Queer entrepreneurs.
Acquisitions
1Password acquires Boston-based device security platform Kolide
Following the deal, CEO Jeff Shiner said 1Password expects to add 250 new positions in 2024.
Mining tech company GeologicAI acquires consultancy Resource Modeling Solutions
GeologicAI has developed “robot geologists” for the mining sector.
Ocean tech company Xeos Technologies acquired by Spain’s Satlink
Xeos helps track and control assets that operate in harsh maritime environments.
Bank modernization software provider Zafin to be acquired by Nordic Capital
A Zafin investor said the deal represents one of the largest recent exits in the Canadian software industry.
Q4 Inc. delists from TSX as Sumeru Equity Partners buyout closes
Just over two years after TSX IPO, Q4 Inc. becomes the latest Canadian tech company to go private.
SumoQuote acquired by Utah-based roofing software firm JobNimbus
SumoQuote will continue to operate out of its Calgary office.
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.
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.