Sollum secures $2.5 million from SDTC to jumpstart $14 million “Sun-as-a-Service” project
Sollum’s LED grow light solution is designed to recreate the sun’s natural light.
Montréal
With $7.1 million in SDTC funds, Spark Microsystems aims to make wireless tech more energy efficient
Spark is among seven Canadian companies that received a cumulative $27.2 million from SDTC.
Fintech Cadence receives $400,000 government grant to help Québec FinTechs scale
The FinTech incubator says the money will enable it to assist 125 entrepreneurs, startups.
Telus Health continues Canadian healthtech acquisition spree with Sprout
Telus Health previously planted money into Sprout in 2015.
Diagram and Real Ventures-backed Breathe Life acquired by US insurtech SE2
SE2 says Breathe Life’s Montréal HQ “creates springboard” for tech talent expansion.
CarbiCrete secures $15 million CAD to scale carbon removal tech
CarbiCrete cements plans to expand clean concrete tech beyond Canada.
Executive shakeup at Lightspeed with CFO shifted to COO, and two new hires
The changes follow Dax Dasilva’s move from CEO to executive chair, in February.
Hardbacon acquires Simple Rate to consolidate financial product comparison tools
Hardbacon is focused on acquisitions that help users bring home the bacon.
Age of Union Alliance donates $14.5 million to BC Parks Foundation
Age of Union is Dax Dasilva’s latest focus after stepping down as Lightspeed CEO.
Mila partners with Twitter’s data and machine learning team
Twitter wants Mila to ML your tweets.
With $150 million USD in fresh funding, Montréal’s Talent.com is ready to take on Indeed worldwide
Co-CEO says startup wants to be Pepsi to Indeed’s Coke.
Bloom secures $1.4 million CAD, launches AI-powered platform to measure e-commerce product photo performance
Bloom’s big picture vision is to match its algorithm with generative AI.
Market watch: Nuvei, VerticalScope, Magnet Forensics
Nuvei posts strong Q4, 2021 earnings as VerticalScope, Magnet see mixed results.
Somm acquires last-minute restaurant reservation app Dinr to move beyond wine recommendation
Somm describes Dinr deal as “part of a bigger vision” for the wine-focused startup.
Clinia closes $5 million to scale B2B health search infrastructure
Montréal startup aims to be “first point of entry for health searches.”