InBC invests $29 million into 4AG Robotics, Clarius Mobile Health, Pender, Amplitude Ventures
These startups, VC firms align with InBC’s “triple bottom line approach.”
Vancouver
Trio of Canadian tech companies show progress towards profitability in earnings this week
Thinkific hits positive EBITDA as Coveo and Mogo shrink losses.
Acuva, Brickeye, Intelligent City feature in Foresight’s top 50 cleantech ventures list
Ventures on the accelerator’s 2021, 2022 lists have collectively raised over $1.67 billion.
Acton Capital closes $240-million USD Fund VI to invest in tech startups across Canada and Europe
Acton’s Canadian portfolio has included Chefs Plate, Clio, Knix Wear, Maple, and Mobify.
Dapper Labs, Nesto, Certn, top Deloitte’s 2023 Technology Fast 50 list
FinTech startups made a mark on the list of Canada’s leading technology companies.
Quantum startup Photonic raises $137 million CAD, strikes strategic partnership with Microsoft
Photonic has an “audacious” five-year plan to build a fault-tolerant quantum computing platform.
Private equity firm Vertu Capital acquires developer platform ActiveState
Vertu closed $300 million CAD for its first private equity fund in March.
Slack CEO Lidiane Jones to depart after a year in the role
Jones will become CEO of Bumble as Salesforce-owned Slack looks for its third CEO in as many years.
Sanctuary AI, RainStick among #CDNtech companies named to TIME’s 2023 Best Inventions list
The list also recognized neural earbud developer Naqi Logix and lithium tech firm Li-Metal.
Damon Motors revs up to go public on the Nasdaq via reverse merger
The reverse merger will be completed with a UK-based spinoff of Inpixon.
Well Health acquires two cybersecurity businesses, Seekintoo and Proack
Well claims its cybersecurity branch Cycura now supports over 200,000 end users.
Bigg Digital Assets, owner of Netcoins, appoints Dan Reitzik as new interim CEO
Reitzik most recently served as CEO of TerraZero, a subsidiary of Bigg.
Canadian Council for Aboriginal Business receives $500,000 in federal funding to address barriers for Indigenous entrepreneurs
The new funding will help the CCAB promote the federal government’s 50-30 challenge.
Workplace investigation platform Case IQ acquires hotline service Whistleblower Security
Case IQ sees telephone hotlines as a “crucial” element of case management intake.
Struggling, TSX-listed BBTV announces plan to become a private company
BBTV founder and CEO, Well Health CEO to privatize Vancouver firm.