OpenText to sell off eDOCS unit for $163 million USD to continue AI focus
Sale follows CEOs sudden departure amid stalled revenue growth.
Kitchener-Waterloo
FluidAI lands FDA clearance to sell post-surgery monitor in the US
Kitchener-Waterloo healthtech startup eyes Series B to fuel US commercialization.
Canada outpaced US in tech talent growth in 2024: CBRE report
Toronto eclipsed New York while Waterloo soared 11 spots to become a top North American tech market.
Astrus announces $11 million CAD to automate semiconductor design with AI
Astrus aims to tackle a remaining bottleneck in chip design: analog circuits.
Bankruptcy docs claim faltering sales pipeline sunk Uvaro and Lighthouse Labs post acquisition
Workforce training platform Uvaro acquired coding school Lighthouse Labs this past January.
BinSentry raises $68.8-million CAD Series C as it brings remote animal feed monitoring platform to Brazil
Kitchener agtech company claims it has 100 percent year-over-year growth with no customer churn.
OpenText replaces longtime CEO Mark Barrenechea as it considers selling off “non-core assets”
James McGourlay takes over as interim CEO after company reports stalled revenue growth in its latest earnings.
Descartes continues US acquisitions as it navigates global trade upheaval
Supply chain tech firm buys US startup Finale Inventory for up to $55 million USD.
Cybersecurity startup Cavelo secures $5-million seed extension round led by Inovia Capital
CEO of Waterloo company claims growth over past year “has been nothing short of incredible.”
Canadian co-founded Substack raises $100-million USD Series C to grow tools for independent creators
Two out of three Substack co-founders are University of Waterloo and Kik alums.
Cobionix secures $4.1 million to commercialize its collaborative medical robot
Funding to support pilot projects that move CODI the robot “from bench to bedside.”
Bridgit’s Mallorie Brodie explains why Canadian startups need to think globally from the start
Brodie unpacks Bridgit’s pivot, mitigating risk in construction, and looking up to Axonify, Knix, and Jane.
Socratica’s IRL revolution is powered by the love of making
Georgia Berg on how the student-run organization makes space for messy.
This time, Eric Migicovsky won’t let anything get in his way
A decade after the death of Pebble, the company’s founder is still chasing his dream smartwatch.
Toronto-Waterloo, Vancouver, Ottawa drop in Startup Genome’s 2025 global ecosystem rankings as Montréal, Calgary hold steady
Report finds some Canadian startup hubs have lost ground amid trade tensions and wobbly VC market.