Softchoice taken private, moved stateside by WWT after $1.48-billion acquisition closes
Completed acquisition puts the 35-year-old software provider under American ownership at a sensitive moment.
Ontario
Vertu Capital promotes principal and “employee number two” Eric Kafka to partner
Kafka previously worked with Vertu’s founding managing partner Lisa Melchoir at OMERS Private Equity.
Cohere says Command A model edges out LLM competition in speed and energy efficiency
New enterprise AI model outperforms DeepSeek, ChatGPT on several enterprise-specific tasks, company says.
Phoenix secures equity funding from Valspring, venture debt from CIBC for prescription drug service geared to men
Toronto healthtech startup plans to at least double its team with $50 million in equity and debt.
Waabi develops realism metric to gauge reliability of autonomous vehicle simulators
Founder and CEO Raquel Urtasun calls on all AV developers to demonstrate their simulators are true to life.
Augmenta closes $14.4 million CAD to advance quest towards AI-driven building design
Autodesk alums plan to refine electrical system tech, move into plumbing and mechanical.
Xatoms and Knead take home top prizes amid strong Canadian showing at SXSW pitch competition
Canada was represented in five of the more than 70 companies pitching.
TBDC pitches a new narrative for Canadian startups
Vikram Khurana on how Canada can lean into its strengths.
Federal investment to help Telesat take on Starlink with new Québec campus
The low Earth orbit satellite operations centre is expected to create 300 jobs.
Why Simon De Baene keeps killing his own products
How a cycle of destruction and reinvention shaped employee experience platform Workleap.
Leaders discuss the right speed for innovation and regulation at Remarkable AI conference
Vector Institute event also explored the role of reinforcement learning and Canada’s compute needs.
WonderFi plots expansion beyond crypto into multi-asset trading with Eightcap
Crypto firm aims to work with Australian FinTech partner to give Bitbuy and Coinsquare users access to derivatives.
The ‘buy Canadian’ movement is fuelling growth for TruLOCAL’s food subscription
TruLOCAL says it’s a US tariffs beneficiary with 193-percent subscription growth in February.
Toronto and Ottawa area companies receive $32 million in AI-focused FedDev funding
Ada, Mission Control, and Loop Financial among supported companies.
Shopify merchants can now prompt AI to design a store theme
Merchants can generate up to three free personalized themes with a description of their business.