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.
SaaS
Redbrick acquires New York-based newsletter advertising platform Paved
This is the software rollup firm’s fourth American acquisition over the past five years.
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.
Deloitte Canada acquires grant matchmaker Pocketed for undisclosed amount
Deloitte pockets startup’s entire team including co-founders Brianna Blaney and Aria Hahn.
Why Simon De Baene keeps killing his own products
How a cycle of destruction and reinvention shaped employee experience platform Workleap.
Toast wants women to take a radical step this International Women’s Day: rest
#WithoutHer campaign asks men to assume more responsibility for uplifting women in tech.
Thinkific created positive cash flow in 2024, but found GMV “headwinds”
EdTech company saw revenue jump in Q4 earnings as it ditched cost savings for growth.
Rewind inks data protection partnership with workflow software giant Monday.com
Partnership could mark turning point for Ottawa company that saw momentum slow during 2023 downturn.
CMD Capital halts fundraising amid “tough” VC market
Experienced early-stage VCs say the “timing and context are wrong for us to raise a first-time fund.”
Former Toronto Raptor Pascal Siakam teams up with DMZ to launch EdTech accelerator
NBA Champion and Toronto tech hub aim to give early-stage EdTech startups a boost.
Certn and Quadshift secure capital from BDC Capital’s topped-up funds
Funding follows apparent departure of Certn president less than a year into the job.
Coral closes $4.1-million seed round to launch menopause virtual care platform
Ex-Dialogue, Skylight co-founders aim to address gaps in management of “debilitating” menopause symptoms.
Alexi secures $4.5 million in venture debt from TD to develop AI tools for litigators
Debt financing comes eight months after legaltech startup’s $15-million Series A.
GTMfund closes $54-million USD Fund II to back more early-stage Canadian B2B SaaS startups
Vancouver VC firm plans to grow its Canadian team, invest more in Canada via Fund II.
Clio and Intel add new general managers in Canada as #CDNtech exec shakeups carry into 2025
ThoughtExchange, Verv, and Lorica also started the year by making changes at the top.