Wealthsimple acquires Fey to bolster its investment research capabilities
Financial services platform makes second acquisition of 2025 as assets nearly double year-over-year.
Quebec
CEO of meal delivery company Goodfood abruptly departs amid recent losses
Montréal firm also plans a formal review of its operations.
BDC commits another $200 million to startups building tech for legacy industries
Second Industrial Innovation Venture Fund to have increased focus on critical minerals.
Sovra appoints new CEO Tom Spengler as it sells off “non-core businesses” to focus on government tech
Formerly known as MDF Commerce, the now-private Montréal company has also acquired Calgary’s Ontopical.
Lightspeed beats outlook in fiscal Q1 to tepid market response
CEO claims Lightspeed has been “winning where it matters” after revising GTM strategy.
The living history of Canadian tech
Startupfest founder Phil Telio on how Canada’s tech community evolves with each generation.
Deep Sky science chief Phil De Luna departs company to “build something new”
De Luna said he had “outgrown” his current role at the carbon capture startup.
HR platform Workleap adding compensation management features through acquisition of Barley
Talent management software is also preparing to launch Workleap AI tool within the next week.
Still watching? Rivr closes $3.6 million CAD from GreenSky to help creators and brands identify engaging video content
Rivr already counts Amazon Games, Bungie, and Epic Games among its clients.
The events, speakers, and prizes you’ll find at Startupfest 2025
Startupfest attendees travelling from Toronto still have a chance to catch a ride on the Startup Bus.
9Bio Therapeutics’ Philipe Gobeil wants to “resurrect” clinically validated cancer therapies that failed due to toxicity
Québec biotech startup is developing a platform for designing drugs that target tumours and spare healthy tissues.
Sonder co-founder Francis Davidson departs after seeing through Marriott deal
Outgoing CEO said orchestrating the Marriott integration was “the hardest thing” he’d ever done.
Botpress closes $34-million CAD Series B to help companies build and deploy AI agents
Québec software startup aims to be part of “the infrastructure layer” powering agentic AI.
BrainBox AI CEO Sam Ramadori joins Yoshua Bengio’s LawZero as co-president and executive director
Ramadori departs BrainBox following acquisition by Trane Technologies this past December.
Toronto-Waterloo, Vancouver, Ottawa drop in Startup Genome’s 2025 global ecosystem rankings as Montréal, Calgary hold steady
Report finds some Canadian startup hubs have lost ground amid trade tensions and wobbly VC market.