Six Canadian universities among PitchBook’s 2024 top 100 schools for founders
University of Waterloo tops list of Canadian post-secondary institutions that produce future founders.
Ontario
Carbon6 acquires American firm Junglytics to provide AI tools for Amazon sellers
Junglytics’ platform provides Amazon sellers with data analysis through a “GPT-style” interface.
Shopify taps Microsoft executive Mikhail Parakhin as its new CTO
Shopify CEO Tobi Lütke praised Parakhin’s “deep expertise” in AI and machine learning.
New School Foods lands big fish as IKEA joins returning investors in $8-million CAD seed extension
Startup plans to bring plant-based salmon alternative to US, Canadian markets.
TSX-listed Givex to be acquired by American payments firm Shift4 for $200 million CAD
The all-cash transaction will pay $1.50 per Givex share, a 55 percent premium on its Friday closing price.
Viggle AI closes $26-million CAD Series A to expand AI-powered video generator
Toronto startup behind viral Lil Yachty walkout meme fuels up to build on its growth.
Koho rolls out reporting feature to help Canadian renters build their credit history
New offerings for renters also include tenant insurance and cash back on rent payments.
American hospitality tech firm Agilysys acquires Book4Time for $204 million CAD
Agilysys’s broad portfolio elevates what Book4Time can deliver to clients, CEO Roger Sholanki said.
Knox Custody founders close $1.8 million CAD to launch borderless Bitcoin payments with Tmrw
Maple VC-backed, Canadian-founded startup is targeting the Caribbean market to start.
Social Finance Fund-backed Boann reveals first investments in Canadian impact funds
Portfolio includes Active Impact, BKR, Cycle H2O, InvestEco, Raven, Renewal, Sandpiper, Spring, The51.
MolecuLight closes $11.7 million in Series C financing for market expansion
Startup’s devices use fluorescent light to spot elevated bacteria levels in wounds.
European online car marketplace AutoScout24 agrees to purchase AutoTrader parent from Thoma Bravo
Price was not disclosed, but deal to acquire Trader Corporation is expected to close in Q4 2024.
Canadian Web3 regulations & Coinbase’s year in review
Crypto.com, Coinbase, CIRO and more discuss Canada playing catch-up at the Blockchain Futurist Conference.
Sampler files for bankruptcy
Documents show digital product sampling startup has nearly $13 million in liabilities.
Radical Ventures launches $800-million USD AI growth fund
New fund marks Toronto-based Radical’s first that focuses on later-stage AI companies.