2021 Global Startup Ecosystem Report: How did Montreal stack up?
Startup Genome and the Global Entrepreneurship Network (GEN) released its 2021 Global Startup Ecosystem Report on Wednesday and Montreal c..
Heavy-hitter investors join forces for new $230 million SPAC
Several well-known Montreal tech investors have joined forces to create a new special purpose acquisition company (SPAC).
The new SOAR ..
Techstars Montréal AI 2021 unveils new cohort
Techstars Montreal AI has accepted 12 startups into its fourth edition, says managing director Bruno Morency.
Three of the teams hail f..
Montreal General to launch new health tech incubator after $2 million donation
The Montreal General Hospital is launching a new health tech incubator after it received a $2 million donation from National Bank of Canad..
Panache Ventures acquires Bay Area VC Commonwealth Ventures
Panache Ventures is announcing the acquisition of San Francisco-based Commonwealth Ventures. Along with that, the firm is unveiling its se..
Ecommerce platform ShopperPlus locks in $17 million in series A money
Montreal ecommerce company ShopperPlus is raising $17 million in series A money in a round co-led by Celtic House Asia Partners (CHAP) and..
AON3D ‘printed parts for the moon’ grabs $14 million
Montreal’s AON3D is raising $14.4 million (US $11.5 million) as it seeks to enable large scale production of end-use thermoplastic parts, ..
Vacation rental data platform Angel Host gets $6.5 million
Montreal’s Angel Host, a platform assisting vacation rental property managers and real estate investors, is closing a funding round worth ..
National Bank invests $103 million in Flinks, takes majority stake
National Bank of Canada is investing $103 million in Flinks, a Montreal financial data company. As part of the deal, National Bank acquire..
New Canadian unicorn Blockstream raises $265 million
Montreal and Victoria-founded Blockstream is raising $265 million (US $210 million) in series B money. Blockstream says it is now valued a..
Denver’s Homebot acquires Montreal real estate whitelabel platform NestReady
Denver homeownership platform Homebot has agreed to acquire NestReady, a Montreal-based company that offers a home buying platform for mor..
Tech news roundup: Startupfest | Viridis Terra raises capital | Intema hires CFO
Several local tech news stories are rounding out the week. Montreal’s annual Startupfest won’t happen this summer, but will return in 2022..
Hopper grabs $220 million more as it touts new fintech approach
Travel app will also invest big money, hire 300 more in customer service roles following flurry of complaints last winter.
Lightspeed raises $135 million through share sale over-allotment
Lightspeed is $135 million (US $107.4 million) richer after after the underwriters of its share offering exercised their over-allotment op..
Text telemedicine platform ORO Health raises $3 million
Virtual health care provider ORO Health is raising $3 million in seed round financing. The mix of capital and loans is coming from MCI One..