Stuart Lombard, Ecobee founding CEO and president, announces retirement
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Stuart Lombard, Ecobee founding CEO and president, announces retirement

Chief product officer Greg Fyke has assumed the role of president. In the 16 years since its founding, Toronto-based thermostat company Ecobee has helped…

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Miovision acquires Global Traffic Technologies, raises $260 million from Telus, Maverix, EDC
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Traffic management startup Miovision closes $36-million CAD, bringing latest round to $296 million

Amid acquisition spree, Miovision will use the funding to fuel organic and inorganic growth. Traffic management startup Miovision has closed $36 million CAD for…

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Movement51
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Alberta IoT, Movement51 among recipients of Alberta Innovates’ cumulative $13.6-million investment

University of Alberta secured $4.25 million across three projects. Provincial funding agency Alberta Innovates is making a collective $13.6-million investment into 19 projects meant…

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A microchip surrounded by other components and tools
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Stathera closes $20 million CAD Series A to commercialize semiconductor timing tech

CEO: tech will help wearable IoT device manufacturers save space, simplify supply chains. Montréal-based fabless semiconductor startup Stathera has secured $20 million CAD ($15…

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Miovision acquires Global Traffic Technologies, raises $260 million from Telus, Maverix, EDC
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Miovision acquires Global Traffic Technologies, raises $260 million from Telus, Maverix, EDC

Miovision is buying Global Traffic Technologies for $107 million USD. Miovision has purchased fellow traffic management company Global Traffic Technologies (GTT) in a deal…

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satellite
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Kepler Communications raises $122.7 million CAD to launch more high-speed satellites

Kepler’s low earth to orbit satellites reportedly deliver speeds of 2.5 gigabytes per second. Kepler Communications has raised $122.7 million CAD ($92 million USD)…

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Proptech startup Operto raises $34.4 million CAD to open the door to new markets, literally
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Proptech startup Operto raises $34.4 million CAD to open the door to new markets, literally

Operto eyes bringing its electronic check-in and check-out experience to more hotels. Proptech startup Operto Guest Technologies has raised $34.4 million CAD ($25 million…

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Spark Microsystems
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Spark Microsystems raises $34 million to meet chip demand amid supply crunch

Spark aims to accelerate product development amid chip shortages and demand fluctuations. Montréal-based fabless semiconductor company Spark Microsystems has closed $34 million CAD in…

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NorthStar Earth Space
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NorthStar raises $35 million Series C round for expected satellite launch in mid-2023

The Montréal startup provides monitoring solutions for all near-Earth orbits from space. Montréal-based startup NorthStar Earth & Space, which develops navigation and tracking solutions…

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Shabodi closes $14 million CAD Series A to simplify 5G for developers
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Shabodi closes $14 million CAD Series A to simplify 5G for developers

Shabodi aims to be to 5G what Stripe is to payment integrations. Shabodi has raised $13.9 million CAD ($10.3 million USD) in a Series…

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