Tag: USD
FinChat secures $1.5 million USD from Social Leverage to expand AI-powered stock research platform
Earlier this year, Toronto-based FinTech startup Stratosphere—an investment research analytics platform led by the co-founder and co-host of The Canadian Investor Podcast (TCI)—decided to…
S|W: The SaaS Weekly – OpenText sells off mainframe business for over $2 billion USD
Plus: MaRS IAF returns and is ready to invest. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around…
Microsoft looks to scale Québec presence with $500-million USD investment
Tech giant plans to expand its AI, cloud computing infrastructure in the province. Microsoft is betting big on Québec as the tech giant earmarks $685…
Acton Capital closes $240-million USD Fund VI to invest in tech startups across Canada and Europe
Acton’s Canadian portfolio has included Chefs Plate, Clio, Knix Wear, Maple, and Mobify. Acton Capital has closed its sixth venture capital (VC) fund, securing…
Compound semiconductor pioneer GaN Systems joins Infineon with close of $830-million USD acquisition
Ottawa-based chip firm GaN Systems has officially been acquired by German semiconductor giant Infineon Technologies. The $830-million USD all-cash transaction, which was first announced…
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…
Cognota closes $5.5-million USD Series A to make corporate LearnOps a thing
With a new name, product, and fresh capital, Cognota eyes growth. Toronto-based Cognota has secured $5.5 million USD in Series A funding to fuel…
UK-based Captain AI will relocate to Canada after closing $2.1 million USD to better serve its restaurant delivery tech in North America
GreenSky, Techstars-backed Captain AI already caters to Pizza Pizza. Restaurant logistics startup Captain AI has secured $2.1 million USD in seed funding to fuel…
Novarc Technologies announces closing of $20 million USD for its AI-powered automated welding robots
Construction-vehicle company Caterpillar’s venture arm joined the round. Vancouver-based Novarc Technologies, which specializes in automated welding equipment using artificial intelligence (AI), announced it has…
Dcbel closes $50-million USD Series B led by climate-focused Idealist Capital
Smart home energy startup offers bidirectional EV charging. Montréal-based cleantech startup Dcbel has closed over $50 million USD in Series B funding to hasten…