Polystyvert closes $16 million Series B tranche, looks to open first commercial recycling plant
Polystyvert expects to close a second tranche within three months that brings the round up to $30 million.
Montréal
Here’s where you can find all the Startupfest 2024 after-parties
Canadian tech has its choice of parties, mixers, and workshops to attend in Montréal this year.
Montréal selected to host 2024 Kauffman Fellows Summit with top Canadian tech leaders
The globetrotting summit says it attracts hundreds of VCs interested in investment and partnership opportunities.
Nesto acquires mortgage-lending giant CMLS Group
Nesto says the combined entity will have more than $60 billion in mortgages under administration.
Accelia Capital promotes Julien Letartre to become its third partner
Letartre joined Accelia in 2022, bringing experience from Caisse de dépôt et placement du Québec.
As Collision kicks off, four Canadian tech startups unveil new funding
Heylist, Vosyn, Pok Pok, and Ability Biologics have all raised fresh capital.
Sharethrough to merge with French adtech firm Equativ
Deal comes two-and-a-half years after Sharethrough scrapped TSX IPO plans.
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.