Fairly AI raises $2.2 million CAD to help AI firms comply with forthcoming regulatory requirements
byFairly wants to accelerate the broad use of fair and responsible AI.
Kitchener-Waterloo
Miovision acquires Global Traffic Technologies, raises $260 million from Telus, Maverix, EDC
byMiovision is buying Global Traffic Technologies for $107 million USD.
Magnet Forensics to delist from TSX as $1.8 billion merger deal closes
byMagnet Forensics acquisition closes following opposition to the deal.
Magnet shareholders approve $1.8 billion Thoma Bravo acquisition as campaign against deal proves unsuccessful
byDespite vote, dissenting shareholder says “this is not the end of the road for us.”
Shinydocs raises $16.25 million to make it easier to find buried files, media, documents
byShinydocs’ platform automates information management for organizations.
Magnet shares independent advisor report recommending $1.8 billion acquisition as some shareholders push to halt deal
byOne of Magnet’s largest investors says $1.8 billion price tag “simply too low.”
Dwindling tech deal volume remained a thorn in the Waterloo Region’s side in 2022
byVenture funding in Waterloo Region dipped from 2021 peak, but still surpassed pre-bull market years.
Adaptis secures $2 million CAD to help building owners move to net zero with AI
by“Using deep tech to do deep decarbonization is really where we think the gap is.”
Miovision acquires Winnipeg’s MicroTraffic to better predict traffic collisions
byMicroTraffic uses AI to predict potential traffic accidents.
Plum secures $8 million CAD to help big businesses navigate tight labour market
byPlum aims to provide “missing dataset” companies need to tackle talent crisis.
Descartes acquires US-based GroundCloud for $138 million USD
byDescartes aims to apply GroundCloud’s safety content, compliance solutions across more industries.
Fight brews over Magnet Forensics’ proposed $1.8 billion acquisition by Thoma Bravo
byMagnet Forensics shareholder contests deal; independent Magnet directors push back.
Vector Institute, Communitech partner to expand AI training program across Canada
byReports show one of the main barriers to AI adoption is the ongoing talent crunch.
Five Canadian programs listed among top incubators, accelerators globally
byCanada is the only country with three programs named to the top ten list.
TSX-listed Magnet Forensics to be acquired by Thoma Bravo in $1.8 billion CAD deal
byAnnouncement comes hours after IIROC halted trading of Magnet’s shares.