Vessel raises $10.3 million to retool Canadian VC for the age of AI
Platform developed by two ex-LPs aims to automate “grunt work” for GPs and improve LP relationships.
SaaS
MesoMat expects smart rubber to hit the road around the world as it builds out commercial tire-monitoring platform
McMaster spinout raises seed funding to build out its sales and commercial operations.
ApplyBoard lays off employees due to “policy changes across major study destinations”
Edtech unicorn is focusing beyond English-speaking world as Canada and US cut immigration numbers.
CarbonCure and VerticalScope replace founding CEOs as #CDNtech companies see turnover at the top
Adlib Software and Scope Technologies also recently shuffled the C-suite.
American gig giants Instacart and Uber add Canadian executives to top leadership positions
Chris Rogers tapped to lead Instacart as CEO, Uber appoints Andrew Macdonald as global president and COO.
AppDirect eyes rising energy demand with acquisition of Broker Online Exchange
Canadian-founded software services giant continues acquisition spree with gas, electricity brokerage platform.
Industry watcher says recent Shopify ruling could embolden companies to challenge CRA data requests
Federal court dismissed CRA’s request for six years of data on Shopify merchants.
Former Raptors star Jerome Williams newest teammate of community connector Swiirl
Startup helps brands connect with community and student creators for social impact.
UrbanLogiq wants governments to rely on its AI-powered insights
Startup partners with engineering, IT firms WSP and Cubic to source private-sector data for government clients.
WareMatch lands $2-million funding round to expand its Airbnb-like warehouse marketplace
Strategic investor Farfill hopes to support the young company’s worldwide expansion.
Michael Southworth “specifically chosen” as Assent’s new CEO to spearhead $250-million revenue effort
Longtime CEO Andrew Waitman, who led the company to centaur status, will become executive chairman.
LeddarTech cuts 95 percent of staff in bid to rescue its business
The “temporary layoffs” affect approximately 138 individuals across the entire company.
Rival Technologies’ parent company and Angus Reid Group to join forces in Canadian market research merger
Rival Group claims Reid family reunion will form “the largest Canadian-owned independent market research firm.”
Shopify debuts AI-based store designer as part of summer update
The e-commerce giant is revamping its features as rival Lightspeed readies its earnings.
Verdi raises $6.5 million to reduce farmers’ irrigation irritation with automation
Vancouver-based startup has more than doubled its team size over the past year.