Market watch: Well Health, Magnet Forensics, Dialogue Health, and Thinkific Labs
Gains and losses aren’t about the verticals, but rather the companies.
Montréal
RenoRun lays off 12 percent of staff, pauses geographic expansion amid uncertainty surrounding consumer spending
CEO: “There’s just a level of uncertainty right across the board.”
Lightspeed’s revenues increase even as its losses widen in fiscal first quarter for 2023
Lightspeed’s results were better than expected.
Nubik becomes latest Canadian tech firm acquired by Deloitte
Nubik specializes in Salesforce, FinancialForce, and Rootstock Cloud ERP.
Four Canadian companies selected for inaugural CB Insights Advanced Manufacturing 50 list
BenchSci, Vention among Canadian startups in the list.
Montréal-founded QueerTech wants to expand its 2SLGBTQIA+ events across Canada
72 percent of QueerTech’s 7,600-plus members come from outside Montréal.
BrainBox AI’s Series A round reaches $30 million following EDC top-up
BrainBox AI’s HVAC systems help buildings consume less energy.
Backed by Yoshua Bengio, Ubenwa is using AI to diagnose neurological issues through baby cries
The Radical Ventures-backed Mila spinout has raised $3.24 million CAD to launch app for parents.
Lightspeed expands systems integration with OpenTable
Lightspeed gives OpenTable a seat in its growing reservation platform network.
BlackBerry, L-SPARK unveil third cohort for connected car accelerator
Third cohort sees return of Deeplite, Sensor Cortek.
Stradigi.ai vows to continue despite laying off more than two-thirds of its staff
Musician will.i.am is among the investors in the Québec AI startup.
Permalution, Magnestar, Ohh! Foods among winners of Startupfest 2022 pitch competitions
The tech at Startupfest varied from harvesting fog to “inclusive snacking.”
EQ Bank latest bank to join Flinks’ open banking environment
Another bank signs an open banking deal with a FinTech firm as Canada’s system is underway.
Toronto, Vancouver tech talent pools saw highest growth in latest CBRE report
Ottawa is on par for highest concentration in tech talent with the San Francisco Bay Area.
Helcim, MintList, Ukko Agro among startups in third cohort of Google’s Canadian accelerator
Participants range from smart windows to dental software to agtech.