Tag: spinout
S|W: The SaaS Weekly – BlackBerry names new CEO, ditches spinout IPO plans
Plus: Vistara Growth Fund V sets target on enterprise software companies. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada…
Two years after Graphite Ventures spinout, MaRS IAF is ready to invest again
Since its launch in 2008, the Toronto-based MaRS Investment Accelerator Fund (IAF) has grown into one of the country’s most active early-stage venture capital…
Deloitte spinout Arteria AI closes $46-million CAD Series B to help banks turn documents into data
Backers include GGV Capital, Citi, BDC Capital, Information VP, and Illuminate Financial. Toronto-based enterprise artificial intelligence (AI) startup Arteria AI, which helps some of…
S|W: The SaaS Weekly – Struggling BBTV to go private while BlackBerry spinout eyes June IPO
Plus: What Allen Lau learned from Wattpad’s $754-million acquisition. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around…
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…
Spinout Traction Complete standing on its own with new $6.7 million CAD Series A, big-name clients BetaKit
Startup will stay in the family business after ex-parent Traction on Demand’s acquisition by Salesforce. Vancouver software startup Traction Complete began as one of…
Snowman gaming studio spinout Pok Pok closes $3.9 million CAD to help kids learn through play
Apple Design Award-winning Pok Pok has secured backing from gaming VCs. Pok Pok was spun out of Toronto gaming studio Snowman by parents who…
Nicoya acquires University of Toronto spinout LSK Technologies to bolster testing capabilities, expedite product roadmap
Deal adds LSK’s “lab-in-a-box” testing platform to Nicoya’s portfolio of digital proteomics tech. Nicoya Lifesciences, which provides advanced analytical instruments to researchers in the…
University of Alberta spinout DrugBank closes $9 million from Brightspark, Amplitude, Theodorus to fuel drug discovery with its data platform
DrugBank wants to ‘be the shovel’ in a gold rush of new medical innovation. Training machine learning (ML) and artificial intelligence (AI) algorithms requires…