Nuvei sees significant revenue growth in Q1 2021 following e-commerce expansion, acquisition efforts
During the first quarter of 2021, Montréal-based payment processing company Nuvei pulled in revenue of about $150 million…
Montréal
Today in funding: Railz, Relay Platform, Ferme d’Hiver, Optable, interVal
Five Canadian tech startups have recently secured fresh funding to fuel their growth. Here’s the latest on who raised money,…
Nuvei to acquire Simplex for $250 million USD
Nuvei is set to acquire FinTech and cryptocurrency startup Simplex in an all-cash deal totalling $250 million USD. The companies…
eStruxture secures $600 million to fund Aptum acquisition, “fast-track” Canadian expansion
Montréal-based eStruxture has received over $600 million CAD to fund the growth of its data centre business. The funding comes…
David Dufresne to depart Panache Ventures
David Dufresne has decided to step away from Montréal-based Panache Ventures, the early-stage venture firm he helped launch.…
New report shows Montréal caught up to Toronto as Canada’s leading tech ecosystem in 2020
Venture funding in Montréal reached an impressive $1.15 billion in 2020, solidifying the city as one of the top startup ecosystems…
Sonder to go public on NASDAQ through SPAC deal
Montréal-founded travel tech startup Sonder is set to go public on the NASDAQ through a merger deal with Gores Metropoulos…
Founder Institute Montréal reveals graduates from winter 2020 cohort
Founder Institute’s Montréal branch has announced the 13 startups graduating from its first completely virtual cohort. The…
Today in funding: Cape Privacy, Plooto, Lumeto, ReelData, Heirlume, Axya
Six Canadian tech startups have recently secured fresh funding rounds to fuel their growth. Here’s the latest on who raised,…
New map highlights Montréal’s AI ecosystem
Bonjour Startup Montréal has unveiled a map that aims to visually represent the city’s artificial intelligence (AI) innovation…
Two Canadian startups selected for first cohort of Google climate change accelerator
Two Canadian startups have been chosen to participate in the first cohort of Google’s climate change accelerator, which is…
Today in acquisitions: Upchain, Nuvei, Perpetua, Carebook, WELL Health, FreshGrade, PainWorth, BonLook
Eight Canadian tech companies have recently made acquisitions or have been acquired, including Upchain, Nuvei, Perpetua, Carebook,…
Today in funding: dcbel, Milk Moovement, Virtual Gurus, MazumaGo, Acorn Biolabs
Five Canadian tech startups have recently secured fresh funding to fuel their growth, including dcbel, Milk Moovement, Virtual…
Following a year of growth, healthtech startup My Intelligent Machines raises $5 million
My Intelligent Machines (MIMs), a healthtech and artificial intelligence startup based in Montréal, has raised $5 million…
Deeplite raises $7.5 million CAD seed round to optimize deep neural networks
Montréal-based Deeplite has raised $7.5 million CAD ($6 million USD) in seed funding as the startup looks to accelerate its…