Tag: quebec city
Trio of Canadian tech companies show progress towards profitability in earnings this week
Thinkific hits positive EBITDA as Coveo and Mogo shrink losses. A number of publicly-traded Canadian technology companies have recently made meaningful progress on their…
Boston-based Haemonetics announces intent to acquire OpSens in healthtech deal worth $345 million CAD
OpSens said acquisition will provide the company with a global sales channel. A duo of healthtech firms have announced an agreement in which Boston-based…
Oxio spinout Gaiia closes $13 million USD to develop operations software for other ISPs
Cogeco bought Oxio’s telecom business in March for $100 million. Launched by former Oxio leaders and employees, Gaiia aims to become “the world’s first…
Vooban secures CDPQ investment to fund acquisitions and North American expansion
This marks the 12-year-old Québec AI firm’s first external funding. Québec City-based artificial intelligence (AI) software and service company Vooban has closed a strategic…
Three game-development companies hiring in Canada
Electronic Arts, Ubisoft, and Amazon are hiring for their game-development teams. The recent news of Microsoft’s $68.7-billion USD acquisition of Activision-Blizzard moving forward signifies…
i4 Capital closes over $40 million toward new $60-million deep tech fund
The fund is backed by the Fonds québécois d’amorçage Teralys, Fondaction, and the Fonds de solidarité FTQ. i4 Capital announced the first closing of…
Poka to be acquired by Swedish enterprise software giant IFS in reported $200-million deal
Poka is used by workers at Nestlé, Tetra Pak, and Mars, among others. Québec City-based Poka, which offers communication and skills development tools…
Automotive software maker LeddarTech inks SPAC deal to go public on Nasdaq
CEO hails agreement as “important milestone,” plans to step down. Québec City-based automotive software provider LeddarTech has reached an agreement to merge with Prospector,…
Here’s how Canada’s top 10 cities rank in the global startup ecosystem
StartupBlink’s report shows Canada maintains fourth place in global ranking. Multiple cities in Canada’s top 10 startup ecosystems soared through StartupBlink’s global index…
Brizo Data raises $12 million to bring data insights to foodservice industry
BDC Capital and Framework Venture Partners led the round. Québec City-based Brizo Data has secured over $12 million CAD for its Series A round…