Lightspeed sees path to profitability despite posting $146.1 million loss in fiscal Q4
Lightspeed’s fourth-quarter revenue grew by 78 percent year-over-year.
Montréal
mPowered partners with Ocean Set to build blockchain-powered ocean data marketplace
The marketplace is meant to allow orgs to profit from sharing data securely.
Value of Power Corp’s FinTech portfolio drops as Wealthsimple faces second May markdown
Power calls decrease in fair value of Wealthsimple stake “consistent” with broader stock market decline.
CarbiCrete tops up Series A funding to $23.5 million
Originally developed at McGill University, CarbiCrete’s tech produces cement-free, carbon-free concrete.
Dialogue, LifeSpeak struggle to please shareholders with first quarter 2022 results
Both healthtech companies noted user-driven revenue growth while share prices continue to tumble.
FinTech earnings week: revenues up for Nuvei, Propel, Mogo, Payfare
Net income is another matter.
White Star Capital, Coveo alum-led Lighthouse Labs closes $9.1 million CAD to build a search platform for the metaverse
Montréal’s Lighthouse Labs aims to “be the Google” for virtual worlds. What the hell does that mean?
Georgian backs Vention again in $123.7 million CAD in Series C round
This is the second Georgian-led round for the industrial tech startup.
Plusgrade to acquire TSX and Nasdaq-listed loyalty commerce startup Points
Points hopes to surf the wave of the post-pandemic travel boom.
Tengiva closes $5 million to tackle supply chain issues in the textile industry
Investor says Tengiva is “at the right place at the right time.”
Lightspeed leverages acquisitions to launch new flagship omnichannel retail platform
Lightspeed Retail launch follows company’s recent C-Suite shakeup.
Boundless Life secures $2 million seed round to help families transition to digital nomad lifestyle
Boundless claims no competition, targeting aspiring digital nomads with children.
Venus Williams to headline Elevate, Startupfest shares lineup as both tech events prep for in-person 2022 returns
Waabi founder among Elevate’s speakers, while Startupfest’s lineup includes Phoenix Fire co-founders, Paper CEO.
Cycle Capital, Demeter announce new $244.5 million CAD cleantech fund
The Montréal and European investors are focused on mitigating climate change.
Startup Montréal unveils 2022 Revelations cohort
Revelations marks the Grant+ program’s pivot to innovation and tech companies.