Compound semiconductor pioneer GaN Systems joins Infineon with close of $830-million USD acquisition
Son of GaN Systems co-founder John Roberts calls deal “a boon for Canada.”
Ottawa
As semiconductor re-shoring efforts heat up, SILICAN urges feds to provide more targeted domestic chip support
New report comes after US commits over $50 billion to its own domestic chip sector.
Workplace investigation platform Case IQ acquires hotline service Whistleblower Security
Case IQ sees telephone hotlines as a “crucial” element of case management intake.
Feds launch consultation on AI’s copyright implications as privacy watchdog seeks input on new biometrics guidance
Consultations come as Canadian authorities explore how to regulate emerging technologies.
Ecosystem fears cleantech funding gap as ISED pauses SDTC funding after mismanagement investigation
ISED-commissioned report found conflict of interest, governance issues at SDTC.
Canada launches voluntary code of conduct for the responsible use of AI
Cohere, OpenText, Coveo, Ada among first signatories.
Shopify takes stake in Faire as part of new partnership
Shopify merchants will get access to Faire products while Shopify POS becomes Faire’s preferred provider.
Space-tech startup Mission Control shoots for the Moon (and Mars) with funding from GreenSky
Mission Control’s customers have included the Canadian Space Agency, NASA, and MDA.
CiteRight and fellow Canadian legaltech startup Jurisage ink deal to merge
Merger will combine CiteRight’s litigation-drafting platform with Jurisage’s AI tech.
MindBridge founder Solon Angel joins Fresh Founders as managing partner
Following MindBridge departure, Angel wanted to explore another “specific idea in accounting tech.”
TikTok to remove ‘Storefront’ integration with Shopify and others, pushing merchants to use TikTok Shop
As one integration ends, Shopify adds another: USDC payments through Solana Pay.
Canadian startups NLPatent, BorderlessHR, Monark accepted into Google’s Women Founders accelerator
Three startups represent Canada in a cohort of 11 North American companies.
Cybersecurity startup Field Effect on the hunt for acquisitions following $30-million CAD debt facility from Scotiabank
The average cost of data breaches in Canada rose to $5.64 million in 2022.
Shopify posts positive revenues in Q2 2023 for third quarter running
Ottawa e-commerce giant posts higher losses, but GMV grows.
DeFi company Wellfield inks deal to acquire crypto custodian Brane Trust
Canadian crypto consolidation continues with Toronto, Ottawa firms set to join forces.