Boeing backs Québec’s new aerospace innovation zone with $240 million CAD
Québec said Espace Aéro comes with $415 million in planned investment.
Montréal
Paytm, PSP Investments alumni announce $5.25 million to build a super app for Canadian immigrants called Beacon
Beacon aims to become ‘the trusted brand for immigrants to Canada.’
Lightspeed stock jumps as Dax Dasilva stays put, posts positive Q4 earnings
The firm’s founder is officially back in the CEO chair, shedding the interim label he’s had since February.
Relocalize closes $2.3 million to decarbonize the food supply chain with micro-factories
Starting with Florida, Relocalize aims to take its ice-making tech across the southern US.
AppDirect acquires low-code B2B marketplace builder Builtfirst
Nicolas Demarais-founded AppDirect looks to become a one-stop solution for B2B marketplace building.
#CDNtech companies Nuvei, WonderFi, Thinkific saw revenue growth in Q1 2024
NowVertical’s revenue for 2023 also increased by 91 percent year-over-year to $51.7 million.
QueerTech report finds change is lagging for 2SLGBTQIA+ tech workers in Canada
Fewer than 40 percent of respondents feel that 2SLGBTQIA+ employees are “consistently treated with respect.”
The Startup Train returns for its 10th year to kick off Startupfest 2024
Chartered train offers a one-way, business-class journey from Toronto to Montréal.
Community-led bid to buy back Notman House unsuccessful
BDC and IQ accepted another bid for the Montréal startup hub, but it’s unclear by who.
Eocycle Technologies secures $25 million CAD to expand wind turbines in US, Europe
Cleantech firm plans to use government incentives in target markets to accelerate expansion.
Electronics startup SmartD Technologies powers up with $14.2-million Series A
Startup looks to reinvent motor control with Clean Power VFD.
Lightspeed reduces staff by 10 percent in suite of cost-cutting steps following Dax Dasilva’s return
Layoffs part of company’s reorganization strategy following a disappointing response to Q3 earnings.
Startup Open House returns to its roots after acquisition by MTL NewTech
The one-day showcase is hoped to draw up to 900 attendees.
Nuvei to be acquired by US-based Advent and taken private in $6.3-billion USD deal
Nuvei will become the latest in string of publicly traded Canadian tech companies to go private.
Flare acquires US-based competitor Foretrace
Flare claims it experienced triple-digital growth in 2023.