Q4 Inc. delists from TSX as Sumeru Equity Partners buyout closes
Just over two years after TSX IPO, Q4 Inc. becomes the latest Canadian tech company to go private.
Toronto
Toronto software companies Top Hat, Loopio, Wattpad make layoffs
Trio downsizes for second time in past year as tech cuts continue into 2024.
AI-powered medical record reviewer Wisedocs closes $12.7-million CAD Series A round
Wisedocs claims it has more than doubled its customer base in 2023.
In banking licence pursuit, Koho is chasing a “seat at the table” and real competition
Former Tangerine CEO Peter Aceto tapped to lead Koho Bank.
After years of providing free accounting and invoicing software, Wave rolls out paid model
CSO says new tiered, subscription-based pricing gives Wave a “sustainable way to grow.”
Startup consulting firm Flow acquired by Deloitte Canada
Flow helps companies source funding like SR&ED credits.
Bagel Network closes $4.18 million CAD for machine learning data network
Startup aims to help teams train AI models on better data.
CBIV surpasses $135 million CAD in final close to back women, children-focused healthtech startups
With Fund I, Toronto’s CBIV targets both market returns and impact.
Tiny to purchase WholesalePet from Emerge Commerce for $12.5 million CAD
Emerge Commerce originally acquired the online pet supply wholesaler in 2021.
Spellbook secures $27-million CAD Series A to scale “AI copilot for lawyers”
The legaltech’s generative AI offering aims to help lawyers review and draft contracts.
Vinod Khosla headlines CIX 2024 investment summit
This will be the first CIX since acquisition by Elevate in September 2023.
TIAP partners with OBIO to open applications for healthtech funding stream
Selected companies will receive up to $200,000 in grant, dilutive funding.
Digital wealth management startup Nest Wealth acquired by Objectway Group
Deal positions Nest Wealth for expansion in EMEA.
Climate tech VC ArcTern Ventures closes $450-million CAD Fund III from large institutions
ArcTern’s LPs include TD, CPPIB, Allianz, OPTrust, Church Pension Group, and Credit Suisse.
Visa Canada, Plug and Play team up to support Canadian FinTech startups
With new partnership, US payments giant and investor build on existing relationship.