“Meditate and stay calm”: Hopper, Lightspeed CEOs on how to survive as a founder
Frederic Lalonde and Dax Dasilva unpack “rollercoaster” journeys at North Star event.
Québec
Ionodes’ new body camera tech sees demand from surprising source: retailers
Québec security tech firm says retailers are increasingly turning to body cameras to reduce theft.
Montréal industrial AI scaleup Vention raises $110-million USD Series D
Company says it crossed $100-million CAD annual run rate as it looks to expand in Europe.
Deck co-founders call non-compete lawsuit from former employer National Bank “frivolous”
Defendants deny claims that they’ve built a competing FinTech business.
Québec bets on buying homegrown tech to boost province’s productivity
I Adopt Québec’s Tech campaign launches to encourage businesses to buy local tech and services.
Mila and Inovia launch venture fund to turn AI research “diamonds” into startups
National platform targets $100-million USD fund with plans to back 55 companies.
Mila researchers target “AI psychosis” amid concerns about chatbots’ mental health impact
Research hub’s AI Safety Studio looks to limit chatbot outputs that feed users’ delusions.
Ssense founders’ bid to buy back company successful, pending approvals
Deal for control of embattled luxury retail platform expected to close before Feb. 13.
Feds sign five-year MOU with Coveo in latest AI partnership
Government will explore how it can use the company’s platform in its operations.
Amiral Ventures holds $40-million first close to address “lack of leadership” in Canadian VC
Montréal firm backed by Québec government, Desjardins Capital, and nearly 50 individual LPs.
Canadian payments companies’ “sugar high” ended in 2022. VCs say a new spike is coming
Payments startup creation dropped by 44 percent from 2022 to 2023, according to Luge Capital report.
National Bank sues Flinks co-founders for alleged non-compete violation
Founders of new startup Deck deny allegations, say they were authorized to build venture.
Lightspeed will pay $11 million to settle class-action suit, Québec judge rules
Retail tech firm admits no liability for allegations of overstating performance metrics.
Montréal’s seventh Startup Community Awards get a new home, and a new tone
After community feedback, revamped awards use new innovation hub to refocus on founders.
Lightspeed president JD Saint-Martin returning to VC roots at Boreal Ventures
Saint-Martin will join the Montréal firm at the end of March as it raises its second fund.