In January, Kitchener-Waterloo-based workforce training platform Uvaro acquired Lighthouse Labs, a coding school, making it a subsidiary. Seven months later, both filed for bankruptcy. Canadian…
View More Bankruptcy Documents Indicate Struggling Sales Pipeline Led to Uvaro and Lighthouse Labs’ Downfall Post-Acquisition
WonderFi faced a challenging second quarter (Q2) ahead of Robinhood’s planned $250-million CAD acquisition of the Canadian crypto firm, which is expected to finalize in…
View More WonderFi Q2 Earnings Reveal Increasing Losses Before Robinhood Acquisition
Healwell is focusing exclusively on artificial intelligence (AI) and data science, as both it and parent company Well Health record record-breaking second-quarter earnings. The healthtech…
View More Healwell to Divest Research and Patient Businesses to Focus on AI
NordSpace, based in Markham, Ontario, is set to launch Canada’s inaugural commercial space mission from Newfoundland. The Atlantic Spaceport Complex is near St. Lawrence. Zenbooks…
View More NordSpace Breaks Ground, Shopify Reclaims Its Crown, Perplexity Courts Google
Toronto-based AI scaleup Cohere has secured $500 million USD ($690 million CAD) in new funding and appointed two former execs from Meta and Uber to…
View More Cohere Raises $500 Million at $6.8 Billion Valuation, Recruits Former Uber and Meta Executives
American AI startup Landbase has acquired its second Canadian AI company this year. Landbase, based in San Francisco but founded in Canada, offers AI go-to-market…
View More Landbase Acquires Adauris Team and Tech to Enhance AI Roadmap
Kitchener-Waterloo, Ont.-based BinSentry has secured $50 million USD ($68.8 million CAD) in Series C funding to support its global expansion of a remote farm feed…
View More BinSentry Raises $68.8 Million CAD Series C to Expand Remote Animal Feed Monitoring in Brazil
Hong Kong, with over 9,000 high-rise buildings, is among the most densely constructed cities globally. For Tony Ip, a Canadian entrepreneur and Co-Founder of RaSpect,…
View More YSpace is transforming Toronto and York Region into a launchpad for Hong Kong startups.
In the late 2010s, the founders of the proptech startup Doorr quickly discovered the pressures of running a company and raising capital after quitting their…
View More How Collectr Turned a Trading Card Hobby into an Eight-Figure Business
Lior Ron, the co-founder and CEO of Uber Freight, is set to join Toronto-based Waabi as COO, guiding the company in deploying its AI-driven self-driving…
View More Waabi Appoints Uber Freight CEO to Head Self-Driving Truck Commercialization