Carbon6 to be acquired by US-based SPS Commerce for $301 million CAD to grow e-commerce merchant toolkit
Co-founder says company was grateful to land rare nine-figure Canadian tech exit.
Toronto
Thomson Reuters acquires American tax automation software SafeSend for $600 million USD
SafeSend integrates with various tax preparation products, including Thomson Reutersâs own UltraTax CS.
Fiserv to acquire Payfare in $201.5-million CAD deal after swiping its DoorDash business
Pending transaction follows Payfareâs share price plummet and strategic review in September.
Alison Nankivell departs MaRS for Export Development Canada
Nankivellâs tenure on MaRS lasts only nine months, slightly longer than the executive search to hire her.
Why Round13 Capital is betting on venture debt
Following unsuccessful bid for SVB Canadaâs assets, Round13 wants to target underfunded startups with TIMIA.
Realize Capital Partners reveals second round of support for impact-focused funds
Backed by Social Finance Fund, Realizeâs latest investments include Amplify, Misfit, and Thrive Impact.
The Canadian Space Mining Corporation thinks it can put a nuclear reactor on the moon by 2029
Company has signed an MOU to licence SLOWPOKE-2, a Canadian-made reactor that could power future lunar operations.
Absorb to acquire Together in bid to bring mentorship to its learning software
Calgary firm to absorb Together to provide more âcomprehensive learning solution.â
Cookin acquired by US-based, fellow chef-made meal delivery startup CookUnity
CookUnity eyes Canadian expansion starting with Toronto in 2025.
Cyder closes $1.5 million to fuel launch of loyalty platform for credit unions
FinTech startupâs backers include MaRS IAF, Aperture, Desjardins, Arlene Dickinson.
Cohere secures federal backing to build multibillion-dollar Canadian AI data centre
This marks the first investment through the new Canadian Sovereign AI Compute Strategy.
Mississaugaâs rising entrepreneurs are cleaning water, transforming legal services, and making robot EV chargers
Sauga Startup Showcase recognizes promising startups.
Online brokerage Questrade lays off undisclosed number of employees
Questrade appears to have quietly exited digital mortgage business around same time Wealthsimple entered it.
AI chipmaker Tenstorrent closes nearly $700-million USD Series D at $2.6-billion valuation
Samsung, Bezos-backed financing comes after the firm quietly relocated to the US.
Lightspeed lays off 200 employees in second restructuring of the year
Online brokerage firm Questrade also reportedly laid off an undisclosed number of employees in recent days.