Hippoc announces $3 million to help marketers test ad campaigns using neuroscience
Hippoc’s web-based platform can predict the cognitive impact of an ad before it goes live.
After selling startup to Instacart, New School Foods founder raises $15.9 million CAD to create plant-based meat
Toronto startup’s tech can produce plant-based salmon fillets.
CIBC Innovation Banking president Mark McQueen to depart for “next adventure”
McQueen joined CIBC through its acquisition of Wellington Financial in 2018.
AppDirect acquires TBI to expand offerings for technology advisors
AppDirect unified its advisor business under the AppDirect brand earlier this month.
OpenText closes $5.8 billion USD acquisition of Micro Focus, makes workforce reduction
OpenText said it expects to cut the combined entity’s teams by 8 percent due to Micro Focus acquisition.
Raven Indigenous Capital Partners tops initial target for second fund with $100 million final close
With Fund II, Raven aims to build more innovative Indigenous economies.
Vector Institute, Communitech partner to expand AI training program across Canada
Reports show one of the main barriers to AI adoption is the ongoing talent crunch.
Smile Digital Health secures $30 million Series B to expand AI, machine learning capabilities
LinkedIn posts indicate Smile Digital Health quietly let people go last year.
Nuula sold to Nav Technologies following collapse of Series A round
Nuula CEO: Company planned to raised $5 million but it “became impossible to close.”
SVG Ventures Thrive aims to raise $75 million CAD for third agrifood fund
The fund will make initial investments in seed to Series A agrifood startups.
Bitcoin infrastructure startup Blockstream raises $125 million USD to expand crypto mining services
The Montréal firm claims demand for its hosting services remains high, despite volatile market.
Alphabet company DeepMind shutters Edmonton site as part of Google layoffs
DeepMind said it’s maintaining its other Canadian locations in Montréal, Toronto.
Tiny enters deal to go public on TSXV through merger with WeCommerce
Tiny created WeCommerce in 2019 to acquire Shopify partner businesses.
Harvest Builders, Headversity, among 15 recipients of $25.5 million PrairiesCan investment for Calgary businesses
The funding is expected to support over 800 jobs in healthtech, cleantech, other sectors.
Summit Nanotech secures $50 million USD to scale lithium extraction for EV production
The Calgary startup aims to build the “lithium mine of the future.”