Government-backed Montréal innovation hub Ax-C gets boost from private sector
Launching spring 2025, Ax-C has an additional $5.25 million CAD in support from Bell, Google, Desjardins, and FTQ.
Quebec
Sagard-backed Audensiel acquires tech consultancy Maltem Canada
Deal comes one year after the French consulting firm opened its Montréal office.
What to expect from Zoholics Canada 2024
From October 8 to 9 in Montréal, a conference to help businesses power their next stage of growth.
Lightspeed confirms strategic review of business as company reportedly explores sale
Investors react favourably as Lightspeed’s share price has risen over 17 percent.
Cohere and Float once again top LinkedIn’s Top Canadian Startups list
Did your startup make the 2024 list?
Evolving Canada’s AI strategy with CIFAR’s Elissa Strome
With phase three of its strategy on the horizon, can CIFAR keep up with AI’s pace of change?
Paper co-founder Roberto Cipriani steps down from day-to-day role
Montréal EdTech startup’s tumultuous summer continues following layoffs, leadership shakeups.
Teralys Capital says it “should” hit $570-million fund-of-funds target by end of year
Montréal-based Teralys confirmed $475 million raised to date, making it the largest VCCI-backed fund.
Nomic Bio secures $42 million Series B to expand startup’s protein mapping platform
Montréal-based Nomic Bio claims technology now in use by more than 75 companies.
BDC appoints Geneviève Bouthillier as head of BDC Capital amid “uncertain market conditions”
Bouthillier replaces Jérôme Nycz as VC lead following his sudden departure after 22 years at BDC.
Zūm Rails moves recently-named CEO Miles Schwartz to Miami to lead US growth initiative
Omni-rail payment solution saw 75 percent increase in its US business over the last year.
Global trends report shows AI adoption still lags in Canada
In Canada, only 35 percent of organizations say AI is ‘widely implemented.’
Union representing Canadian Paper tutors threatens legal action following mass layoffs
Union says no complaints have been filed yet, but “several lawyers” are working the case.
Beacon launches remittance solution to help Canadian newcomers receive money from India
Startup launched out of stealth with $5.25 million in funding earlier this year.
Luge Capital navigates emerging manager minefield, closes second early-stage FinTech fund at $96 million CAD
FinTech VC adds finance leader from Georgian with plans to hire an investor in Calgary.