Teralys receives $40 million from CDPQ in re-up for seed-stage fund of funds
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Teralys receives $40 million from CDPQ in re-up for seed-stage fund of funds

The seed fund of funds comes in addition to Teralys raising a new VCCI-backed fund. Teralys Capital has received $40 million CAD from CDPQ…

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Workflow SaaS integrator Unito raises $20 million to build more integrations
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Workflow SaaS integrator Unito raises $20 million to build more integrations

Unito wants to break into more SaaS categories, starting with support tools. Montréal-based Unito, which offers a workflow management software, has announced the closing…

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Nicolas Rubbo Espace CDPQ
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CDPQ appoints Nicolas Rubbo as managing director of its VC hub, Espace

Nicolas Rubbo is tasked with boosting the hub’s impact and profile. Caisse de dépôt et placement du Québec (CDPQ) has appointed Nicolas Rubbo as…

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AlayaCare lays off 14 percent of employees, slows M&A plans
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AlayaCare lays off 14 percent of employees, slows M&A plans

AlayaCare’s CEO said startup’s revenue growth has not followed its “aggressive investment.” AlayaCare has laid off 80 employees, BetaKit has learned, joining a growing…

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