Sharethrough to merge with French adtech firm Equativ
Deal comes two-and-a-half years after Sharethrough scrapped TSX IPO plans.
Montréal
Toronto, Vancouver slip in Startup Genome’s 2024 rankings as Montréal, Calgary, Ottawa rise
Smaller Canadian cities make strides in 2024 as larger ecosystems lose some of their lustre.
French private equity firm Jolt Capital to open North American headquarters in Montréal
Former Scale AI COO Clement Bourgogne will head the deeptech investor’s Canadian operations.
Valsoft nabs Progitek in sixth acquisition of 2024
Valsoft closed $229 million CAD in growth financing in January to expand its portfolio.
Maxa secures Series A funding led by Framework and BDC Capital
Maxa said the new funding will fuel product development, go-to-market, and customer self-serve capabilities.
DIGITAL invests $10.5 million across four AI projects from healthtech startups
Projects from Swift Medical, RxPx, Gotcare, and AlayaCare carry a collective $26-million value.
Boeing backs Québec’s new aerospace innovation zone with $240 million CAD
Québec said Espace Aéro comes with $415 million in planned investment.
AppDirect acquires low-code B2B marketplace builder Builtfirst
Nicolas Demarais-founded AppDirect looks to become a one-stop solution for B2B marketplace building.
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.
Dialogue acquires IP, other assets of fellow digital health platform Koble
Deal is hoped to strengthen Dialogue’s support for women’s healthcare.
Notman House is for sale. A startup-led effort wants to buy it back
Real estate startup Guiker is proposing a fractional ownership model to keep Notman House within Montréal’s tech community.…
Idealist Capital receives $50 million from Canada Growth Fund
Idealist is the first cleantech investor to receive backing from the $15-billion fund.
Rithmik secures $2 million to lower mobile mining equipment emissions
The funding will help increase the startup’s global footprint, establish partnerships, and improve its platform.
Busbud continues Latin American expansion with acquisition of Buson
Busbud says it now has over 600 partnerships with bus operators in LATAM.
QueerTech acquires accelerator Gradient Spaces to support more 2SLGBTQ+ tech workers
According to QueerTech, less than one percent of venture capital deals go to Queer entrepreneurs.