Deck co-founders call non-compete lawsuit from former employer National Bank “frivolous”
Defendants deny claims that they’ve built a competing FinTech business.
Montréal
Mila and Inovia launch venture fund to turn AI research “diamonds” into startups
National platform targets $100-million USD fund with plans to back 55 companies.
Teamworks, the “operating system for sports,” buys hockey analytics platform Sportlogiq
Sportlogiq says its platform is used by 97 percent of NHL teams, and serves more than 220 clients worldwide.
Goodfood sees “pressure” in meal kit market as it posts 21-percent drop in sales
Despite $2.6 million net loss, Goodfood exec claims Q1 represents “a clear step in stabilizing the business.”
How AI can help make SR&ED filing painless
Agentic assistants in the Chrono Platform can help turn months of year-end work into minutes.
Mila researchers target “AI psychosis” amid concerns about chatbots’ mental health impact
Research hub’s AI Safety Studio looks to limit chatbot outputs that feed users’ delusions.
Canadian Food Inspection Agency reinstates Goodfood’s safe food licence
Meal kit service’s Montréal facility back in operation following nine-day suspension.
Ssense founders’ bid to buy back company successful, pending approvals
Deal for control of embattled luxury retail platform expected to close before Feb. 13.
Flare uncovers phishing campaigns scamming Canadians with fake toll and parking violation texts
The Montréal cybersecurity firm claims PayTool has defrauded as many as 900 Canadians.
Canadian Food Inspection Agency suspends Goodfood’s safe food licence
Suspension follows months of executive turnover at meal-delivery company.
The Black women founders reshaping Canada’s venture future
Five years after sharing her journey, Amoye Henry sees progress for Black women founders in Canada.
BDC unveils $4-billion defence technology platform
Crown corporation explicitly encourages businesses to “apply their skills to defence needs.”
Amiral Ventures holds $40-million first close to address “lack of leadership” in Canadian VC
Montréal firm backed by Québec government, Desjardins Capital, and nearly 50 individual LPs.
BDC tells VCs it’s willing to lift restrictions on defence investing
Crown corporation aims to support the build up of Canada’s defence industry.
Canadian payments companies’ “sugar high” ended in 2022. VCs say a new spike is coming
Payments startup creation dropped by 44 percent from 2022 to 2023, according to Luge Capital report.