Cycle Capital Management announces first close of $116 million fund with Chinese investment group
Beijing’s Qingdao City Construction Investment Group and Montreal-based cleantech VC firm Cycle Capital Management announced…
Montréal
Amorchem closes $44.2 million for biotech fund
AmorChem has raised a $44.2 million second fund to invest in seed-stage biotechnology companies. AmorChem II was backed by…
Brookfield Institute report: Canadians account for 4.4 percent of developers globally
The Brookfield Institute has released a new report providing more insight into the scope of Canada’s software developer…
Botler.AI’s new chatbot analyzed 300,000 court documents to help sexual harassment and assault survivors
Montreal-based Botler.AI has launched a new system today with the hope of empowering survivors of sexual misconduct. The company…
Leveraging Element AI connection, Real Ventures closes two funds totalling $180 million
On the 10th year anniversary of its first $3 million round, Montreal-based Real Ventures has closed $180 million as it looks…
Montreal-based Immunio acquired by Trend Micro
Immun.io, a real-time web application security system (RASP), announced that it was acquired by Trend Micro, a cybersecurity…
John Vandermay named CTO of Lightspeed
Lightspeed, a cloud-based POS system for retailers and restaurants, has announced that John Vandermay will be taking on the…
How tech companies can give back
Today is #GivingTuesday, an international movement promoting giving and volunteering that takes place each year after Black…
Notman House and MTL NewTech celebrate Montreal tech with #StartupCommunityAwards
Last week, The Osmo Foundation and MTL NewTech hosted its first-ever Montreal Startup Community Awards. The Awards were meant…
Apple reportedly acquires Vrvana for $30 million USD
Apple has acquired Vrvana, the company behind the unreleased Totem virtual reality (VR) headset, according to TechCrunch. Apple…
Analysts say Canadian cities fail to make top 10 for Amazon HQ2
A new list by ranking the top cities for Amazon’s HQ2 shows that none of the Canadian cities made it to the top 10. The…
Borealis AI opening Montreal lab with Jackie Cheung as academic advisor
RBC’s Borealis AI is opening an AI lab in Montreal, with McGill University’s Jackie Cheung as academic advisor…
Ridesharing app Facedrive launches with CO2 emissions reduction plan
Facedrive, a new Toronto-based ridesharing service, has officially launched an app that estimates the CO2 emissions for each…
Dax Dasilva on buying out investor Accel to deter Lightspeed acquisition
On the latest episode of BNN’s The Disruptors, Dax Dasilva, CEO of Lightspeed, discussed how the company grew to one of…
Element AI launches $57 million AI fund with SK Telecom, Hyundai
Element AI has launched a $57 million CAD AI fund with SK Telecom, Hyundai Motor Company, and Hanwha. The fund will target…