Newly launched affiliate marketing firm aims to restructure and transform the former FinTech startup. Plutera Capital has acquired the assets of fellow Montréal company Hardbaconincluding the Hardbacon.ca domain, following the FinTech startup’s shutdown last year. Hardbacon offered a free budgeting app and generated revenue through lead generation and affiliate marketing for financial products. As […]
At HEC Montréal, just across the street from Shopify’s office, more than 300 members of the local tech ecosystem gathered to glean insights from different stages of the entrepreneurial journey. “You’re all in, but you’re planning on a marathon, not a sprint. And so that means you’ve got to take care of yourself and […]
Acquisition marks bright spot amid dim exit landscape in Québec. Irish HVAC giant Trane Technologies has completed its purchase of Montréal-based clean tech startup BrainBox AI for an undisclosed amount. Trane hopes to help reduce the carbon footprint of commercial buildings with BrainBox’s artificial intelligence (AI) tools. The bolt-on acquisition, which closed yesterday after […]
Montréal founders say their rounds fell apart after Impulsion PME’s “safety net” for investors disappeared. Following the surprise suspension of a Québec investment-matching program, a Montréal-based sustainable packaging startup says it could fold within the next few months if it can’t secure new funding. Mishel Wong, the founder and CEO of Bopaqa cleantech startup […]
Startups honoured included item-sharing app Partage Club and fundraising platform Zeffy. Last night marked the sixth edition of the Startup Community Awards (SCA) Gala in Montréal—an evening that reflected a turbulent year of change for Québec’s innovation ecosystem. Over 400 people attended the gala at Maison Alcan on Nov. 28, organized by MTL NewTech […]
The founder of exited startup Medesync wants to accelerate clinical research with AI. Silicon Valley-based Medeloop has closed $15.5 million USD ($21 million CAD) in Series A financing to support its platform aimed at speeding up clinical research with artificial intelligence (AI). The all-equity round, which closed in late October, was led by Canadian […]
“We think we can find the best deals in Canada, so we’re going to keep on doing that.” Montréal-based venture capital (VC) firm Brightspark Ventures has closed its latest fund for early-stage Canadian technology startups with over $100 million CAD in total commitments and added a new partner in Vancouver to capture more British […]
Repeat investor Fulgur Ventures led the financing round, bringing the Bitcoin giant’s total funding to over $822 million CAD. Montréal Bitcoin infrastructure firm Blockstream has raised $210 million USD ($289 million CAD) in convertible note financing to expand its capacity as a Bitcoin treasury and innovate its layer-2 technology offerings. Delaware-based Fulgur Ventureswhich typically […]
Latest API endeavour garners $6.2 million CAD in funding from Golden, Luge, & Better Tomorrow Ventures. The founders behind FinTech-focused Flinks are back with another startup—but instead of financial data, they’re connecting businesses with utility data to track energy consumption. Repeat founders Yves-Gabriel Leboeuf and Frédérick Lavoie have raised $4.5 million USD ($6.2 million […]
CEO says Google’s algorithm updates decimated SEO-reliant financial product referral revenue. Montréal-based FinTech startup Hardbaconwhich offers a free budgeting app and generates revenue through lead generation and affiliate marketing for financial products, has shut down after seeing most of its Google traffic vanish over the past year, following some updates to the search giant’s […]
