Borderless AI makes its Cohere-powered HR agent free to use
As part of the Cohere Startup Program, Borderless hopes to attract new customers by opening up its AI offering.
Ontario
Northleaf and Kensington both close their VCCI-backed funds
VCCI-backed funds-of-funds feature respective $370 million and $290 million war chests.
Descartes acquires UK-based logistics platform BoxTop for $18 million CAD
The deal follows a similar across-the-pond acquisition in April.
Legaltech startup Alexi looks to ramp up hires with $15 million CAD in new funding
Startup hopes to almost triple team size by the end of this year.
Parity closes $26-million CAD Series B round as it eyes new verticals, markets for HVAC optimization software
Startup says it has delivered energy savings across over 65 million sq. ft. of real estate.
Float launches bill payments and personal expense reimbursement products
FinTech startup aims to help businesses pay bills and reimburse out-of-pocket expenses faster.
The BetaKit Guide: Collision Week 2024
BetaKit readers share tips, tricks, and must-attend events for a big week in Canadian tech, presented by Interac.
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.
Sonya Shorey officially named president and CEO of Invest Ottawa
Shorey held the lead on an interim basis following Michael Tremblay’s November 2023 departure.
Executive turnover continues in Canadian tech as Ratehub names new CEO
Healwell, TryCycle, Userful, and more also make changes to the top.
Canadian-founded Staging Labs acquired by Merkle Science
Staging Labs uses real-time tech to detect and block malicious crypto transactions.
McRock Capital announces initial $111-million CAD close of third fund
McRock had previously set a $200 million target for Fund III.
Mesosil secures $2.2 million to develop infection-fighting biomaterials for medical devices
GreenSky-backed University of Toronto spinout has set its initial sights on dentistry.
MaRS makes layoffs as part of business model “resetting”
Innovation hub wants to “significantly increase engagement with the private sector and philanthropic circles.”
Shopify acquires popular no-code checkout customizer Checkout Blocks
The acquisition has made Checkout Blocks’ starter version free for all Shopify Plus merchants.