Hopper now valued at $5 billion after $35 million secondary deal
Hopper recently expanded into Airbnb-style home rentals.
Founder Dax Dasilva out as Lightspeed CEO
President JP Chauvet steps in as CEO; Q3 results overshadowed in C-suite change.
BDC report expects tech sector revenue to grow by 22 percent by 2024
Canada’s tech sector growth outpaces overall economy, but faces talent shortfall.
Inovia Capital promotes Hugues Lalancette to partner on growth investment team
Lalancette helped Inovia build its growth strategy from scratch.
VentureLab receives $1.5 million from municipal government to expand hardware, semiconductor incubator
VentureLab hopes to attract international semiconductor companies to York Region.
AI drug discovery startup BenchSci scores $63 million Series C round led by Inovia, TCV
BenchSci says its tech is used by 16 of the top 20 pharmaceutical companies.
Diversio secures $8.13 million CAD on journey to improve corporate diversity and inclusion
Diversio uses AI to uncover bias in companies and recommend solutions.
Amplitude Ventures, AltaML pen partnership to build AI, biotech companies
The partnership gives Amplitude access to Alberta’s sizeable AI sector.
2048 Ventures bags $67 million USD Fund II for Canada, US investments
The VC invests in emerging markets outside of Silicon Valley, including Canada.
Emmertech closes $60 million to grow “dominant” Canadian AgTech companies
The final close adds $15 million and new LPs to the fund.
NACO and Angel Investors Ontario promised $5.4 million from FedDev
The financing is meant to help 800 businesses and 170 partnerships provincially.
Alberta launches tech worker immigration stream after calls from community
New program hopes to fill gap in tech talent.
FundThrough acquires invoice financing business from Silicon Valley’s BlueVine
The purchase doubles FundThrough’s US customer base.
Unbounce acquires US-based marketing tech startup LeadsRx
The deal marks Unbounce’s third acquisition to date.
Vendasta makes second acquisition after dashed IPO plans, venture round
The company chose a $119.5 million venture round over an IPO in May.