Canadian privacy commissioners launch joint investigation into TikTok data use
TikTok agreed to a $2 million settlement for a Canadian class action lawsuit last year.
SaaS
At adtech startup Nova, president Matt Crenshaw steps into the CEO position
Former CEO Gupta shifts over to the board, advisory role.
Croptimistic acquires CropPro Consulting, secures $9.1 million from Forage Capital
Cory and Shannon Willness first built CropPro in 2003, then Croptimistic in 2018.
IrisCX secures $6.2 million CAD to help home product, services firms provide video-based customer support
IrisCX limits in-person service calls by empowering consumers to perform tasks traditionally done by technicians.
AAVAA closes $2 million CAD to develop smart listening device
AAVAA’s tech allows users to control their electronic devices using their brain.
Round13 leads System-3’s $3.6 million round to mitigate bias in hiring leadership talent
System-3 taking cues from aviation industry training to evaluate company leadership.
S|W: The SaaS Weekly – YouTube’s CEO to step down
Plus: Wix, DocuSign make cuts.
Cogeco acquires independent internet provider Oxio’s telecom business
The purchase marks latest blow to Canadian telecom competition.
Mining, energy companies lead TSXV’s list of 50 top-performing public companies
Newfoundland’s Kraken Robotics tops technology category.
Plum secures $8 million CAD to help big businesses navigate tight labour market
Plum aims to provide “missing dataset” companies need to tackle talent crisis.
BBTV secures $21.6 million CAD loan to pay off overdraft facility
“We have also allocated additional cushion to help withstand future macroeconomic uncertainty.”
S|W: The SaaS Weekly – Fight brews over Magnet Forensics acquisition deal
Plus: Jobber secures $100 million.
Prevu3D raises $13.3 million CAD to help enterprises take “first steps” into industrial metaverse
Prevu3D claims 3D digital twins can reduce industrial carbon footprint.
Descartes acquires US-based GroundCloud for $138 million USD
Descartes aims to apply GroundCloud’s safety content, compliance solutions across more industries.
Federal government reveals breakdown of $700 million renewed commitment to Innovation Clusters
Renewed funding follows previous lobbying efforts to increase investments into clusters.