Miovision acquires Global Traffic Technologies, raises $260 million from Telus, Maverix, EDC
Miovision is buying Global Traffic Technologies for $107 million USD.
ChargeLab secures $15 million, commercial partnerships with electric vehicle companies to expand US presence
ChargeLab touts itself as “the Android of EV charging.”
Round13 nabs $200 million first close for third fund as co-founders Bruce Croxon, John Eckert step back
Round13’s $150 million growth fund is also in the final stages of closing.
BetaKit’s most-read March stories show #CDNtech sector struggles continue as government innovation promises continue to lag
SVB’s collapse kicked off a month that included new layoffs, bankruptcies, and AI disruptions.
Brizo Data raises $12 million to bring data insights to foodservice industry
BDC Capital and Framework Venture Partners led the round.
Janet Bannister launches Staircase Ventures with $22 million first close
Bannister strikes out on her own after stepping back from Real Ventures.
Federal #Budget2023 includes cleantech commitments, little else for innovation
Budget 2023 includes $500 million to SIF for cleantech projects, billions in clean energy tax credits.
RenoRun files for creditor protection after failed pursuit of “Hail Mary” deals to save company from insolvency
The filing follows four attempts to raise bridge financing and multiple rounds of layoffs.
CVCA CEO: Tech still needs influx of capital given possible investor pullback, even as liquidity concerns calm
Longer-term impact of SVB fallout has some in Canadian tech worried.
Regulators force Silicon Valley Bank Canada into liquidation, paving way for auction
Wind-up follows OSFI taking control of SVB Canada earlier this week.
As regulators take over SVB Canada, companies still have questions about impact
CCI estimates low risk for the majority of Canadian companies.
BDC appoints Sévrine Labelle as head of $100 million Thrive Lab for women entrepreneurs
Thrive Lab is set to launch this spring.
How the Silicon Valley Bank shutdown might impact Canadian tech
The SVB run is done. What comes next?
Wattpad lays off 15 percent of workforce
Interim president says cuts come despite best efforts to limit economic impact.
Magnet shares independent advisor report recommending $1.8 billion acquisition as some shareholders push to halt deal
One of Magnet’s largest investors says $1.8 billion price tag “simply too low.”