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Montreal venture capital: explosive 2020 saw $1.15 billion in funding, nearly tops in Canada
Venture funding in Montreal hit $1.15 billion in 2020, fuelled by top investments in healthtech, biotech and analytics.
The numbers put..
SPACtacular! Sonder To Go Public
Montreal founded Sonder will be hitting the stock market in the near future. The listing will be done through a SPAC, which has become a v..
Supply chain connector platform Axya raises $1.5 million
Montreal-based outsourcing platform Axya will collect $1.5 million in funding in a round co-led by Ecofuel and Desjardins capital, with th..
Friday news roundup: dcbel | Bonlook | Dobson Centre
Several Montreal startups are making news as we approach the end of the week. Here’s everything that’s going on:
– dcbel raises $40 mi..
Deeplite AI optimization software gets $7.5 million
Montreal’s Deeplite is raising $7.5 million ($6 million USD) in funding to support its AI optimization software platform.
The round was..
Potloc CEO lands cover shot for 2021 Forbes 30 Under 30
It’s been a pretty nice week for Rodolphe Barrere, the CEO of Montreal-based startup Potloc.
On Monday, Barrere was named to the 2021 ..
Carebook acquires InfoTech after closing $11 million credit facility
Montreal digital health company Carebook is acquiring Winnipeg-based health and productivity risk management firm InfoTech Inc. The price ..
Diagram Ventures signals first close on $60 million growth fund
Montreal company creator Diagram Ventures is announcing the the first close of its $60 million ‘Opportunity Fund.’
Diagram is a firm th..
Unsplash acquired by Seattle’s Getty Images
Unsplash, the Montreal-based free image library created by founder Mikael Cho, is being acquired by Getty Images.
Cho said Unsplash wil..
Montreal’s MT Lab gets $10 million for tourism innovation fund
MT Lab, a Montreal-based startup accelerator for tourism and entertainment companies, has received a five-year, $10 million commitment fro..
Hopper takes $170 Million in deal led by Capital One
Hopper, the Montreal and Boston-built travel app, has raised $170 million in capital through Capital One. As part of the deal, Hopper will..
AppDirect gets $54 million government loan for 730 job-creator
San Francisco’s AppDirect, which employs about 190 people in its Montreal office, will take $54 million loan from Invest Quebec. The money..
Massive Indian consultancy firm TCS to hire 500 in new Montreal office
India’s Tata Consultancy (TCS) will hire 500 new employees as it fills out its new Montreal office. The group is moving into a new 9,500-s..
Montreal’s CHUM hospital turns to AI to learn about COVID
Montreal’s CHUM Hosputal (Centre hospitalier de l’Université de Montréal) will partner with AI startup My Intelligent Machines (MIMs) to f..
Inovia Capital raises new $560 million fund
Inovia Capital is raising a new fund worth $560 million ($450 million USD) in order to support more mature companies beyond the startup st..