South Korea’s neighbourhood buy-and-sell app Karrot hits one million Canadian users, builds Toronto tech hub
Karrot aims to expand North American presence with Ritual, GoodGood co-founder Robert Kim.
Ontario
Versaterm acquires American mental health platform for first responders
This is the public safety tech firm’s second acquisition within the past month.
WonderFi’s Bitbuy purchases clients of Bitstamp as fellow crypto exchange exits Canada
WonderFi and some disgruntled shareholders have also reached a deal to refresh its board.
FinTech startup Fluence Technologies agrees to be acquired by Anaplan
Anaplan plans to integrate Fluence’s financial consolidation software into its own platform.
Geoffrey Hinton, Raquel Urtasun, Aidan Gomez set to speak at Collision 2024
Collision will return to Toronto for the fourth year June 17 to 20.
FreshBooks expands Stripe partnership with new embedded payments offering
FreshBooks Payments will allow businesses to invoice and collect payments in one place.
Zafin founder and CEO joins latest slew of #CDNtech executive turnover
Martello, Boast, and Illumin have also shuffled their leadership teams since the end of March.
Boom and goConfirm launch new products from experienced #CDNtech leaders
Ex-Shopify execs spice up remote meetings, while Wave alumni launch an AI scam detector.
Interac acquires “key employees,” exclusive Canadian rights to payments personalizer Vouchr
Vouchr allows users to attach personalized multimedia notifications to money transfers.
Forcen closes $8.35 million in funding to develop its touch-tech for robots
The round was co-led by Brightspark Ventures and BDC Capital’s Deep Tech Venture Fund.
AI and Web3 startup Inference Labs secures $2.3 million in pre-seed funding
Startup wants to create an open-source AI inference market.
AutoAlign spins off from Armilla AI, launches firewall solution for LLMs
The solution guards against AI flaws while evolving alongside LLMs.
Across-the-pond acquisitions: Descartes acquires ASD, HR Path acquires GroupeX
Descartes continues its acquisition spree while GroupeX joins HR Path’s growing Canadian portfolio.
Versaterm continues acquisition spree with purchase of Integrated Computer Systems
Public safety tech firm has acquired 10 companies since 2020.
Swtch Energy secures $27.2 million USD to continue deployment of EV chargers for multi-unit buildings
Round leader Blue Earth Capital said Swtch’s focus is a market opportunity to grow the clean energy economy.