Montréal’s Nuvei raises $358 million CAD, reaches $2.65 billion CAD valuation
Montréal-based FinTech company Nuvei has raised $358 million CAD ($270 million USD) in common equity financing. Following…
Montréal
Techstars AI demo day showcases second cohort of the Montreal accelerator
Last Thursday, Techstars AI Montreal hosted the demo day for its second cohort in the Cinéma Imperial, downtown Montreal.…
FlexPay raises $6 million as it looks to attack ‘false declines’ in online payments
Montréal-based FinTech startup FlexPay, which is using AI to help e-commerce and subscription companies reduce credit card…
Breather reportedly lays off staff across North America
Breather, the Montreal-based real estate tech company, reportedly laid off a number of its staff on Thursday, possibly accounting…
Element AI launches newest standalone product, turning data into actionable insights
Element AI has launched its latest product, called Knowledge Scout, which organizes and manages data sets for manufacturers…
Today in acquisitions: Vocaprep, Race Roster
Over the past few weeks, two Canadian companies have been acquired by overseas firms. Here’s the latest on Canada’s movers…
Magaly Charbonneau named partner and Montreal lead at Inovia Capital
Inovia Capital has added its newest partner, Magaly Charbonneau, who will also lead the firm’s Montreal office and investment…
Today in acquisitions: Paystone, Rival.ai, Workali, Geotab
In the past few days, several Canadian companies have made announcements on acquiring technology startups in the IoT, AI, and…
Silofit raises $1 million seed round to develop “world’s first” network of on-demand gyms
Silofit is a Montreal based startup that has created a network of private, on-demand fitness spaces through an app offering…
RenoRun launches monthly subscription model following $22.5 million Series A
Construction-focused tech startup RenoRun has begun a broad rollout of its new payment model following the close earlier this…
Montreal’s Potloc announces $13 million CAD Series A originally closed in July
Potloc, a startup that conducts market research using geo-targeted surveys, has announced its $13 million CAD Series A funding…
Stradigi AI closes $53 million CAD Series A, with support from will.i.am
Montreal-based artificial intelligence provider Stradigi AI has closed a $53 million CAD in Series A funding round led by Fonds…
Element AI to implement AI features into Japanese automotive company’s operations
Montreal-based Element AI has entered into a strategic relationship with Japanese automotive company Aisin Seiki Co. Through…
Clean energy investing startup CoPower to be acquired by Vancity Community Investment Bank
CoPower, a clean energy investing startup, is set to be acquired by Vancity Community Investment Bank (VCIB), a Toronto-based…
Lightspeed reports 51% revenue growth in fiscal Q2 2020
Lightspeed POS has announced its financial results for the second quarter of the fiscal year 2020. The results cover two fiscal…