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Lightspeed adds mobile pay in Quebec, AI tool for retail
Lightspeed adds mobile pay in Quebec, AI tool for retail
Montreal-based Lightspeed Commerce Inc., a cloud-based POS and e-commerce software provider, has rolled out two product updates improving workflow automation in Canada's hospitality and retail industry.
Mark Leonard steps away from Constellation Software
Mark Leonard will not stand for re-election to the board of Constellation Software, the company he founded and led until stepping down for health reasons last fall. Leonard will remain an advisor to Constellation going forward.
Intuit executive fills ContactMonkey departing CEO
Toronto-based ContactMonkey announced founder Scott Pielsticker is stepping aside from his leadership at the company. The firm said former Intuit leader Jeff Cates will take on the role of CEO. ContactMonkey provides internal communication software tools for businesses and organizations.
Georgian founders sell interest in growth equity firm
Canada’s largest independent technology venture capital firm Georgian has sold an economic interest in the firm for US$100 million to Brisbane-based Navigator Global Investments. The proceeds will be invested in portfolio companies alongside backers of Georgian's funds.
Former Coatue partner raises $65M for AI agent startup
Sycamorer, a startup aiming to help enterprises build, secure and orchestrate AI agents, announced a $65 million seed led by Coatue and Lightspeed, along with OpenAI chief scientist Bob McGrew, Intel CEO Lip-Bu Tan and Databricks CEO Ali Ghodsi.
ScaleOps raises $130M to improve computing efficiency
ScaleOps, which builds software that automatically manages and reallocates computing resources in real time, has raised $130 million at an $800 million valuation. The Series C funding round was led by Insight Partners, with participation from existing investors.
UBC, InBC launch $40M fund to back university spinouts
A venture fund backed by InBC Investment Corp. and University of British Columbia aims to channel more capital into companies emerging from academic research. The UBC Catalyst Ventures Fund of $40 million targets life sciences and deep tech companies.
Sudbury AI startup selected for Google accelerator program
A Sudbury-based health technology company has been selected for a national accelerator program run by Google, as it looks to expand its use of artificial intelligence in medical clinics. Waive Medical is one of 14 startups chosen for the program.
Bell expands AI Fabric ecosystem
Bell Canada announced the continued growth of Bell AI Fabric in Canada with an expanded partnership with BUZZ High Performance Computing. The partnership aims to deliver advanced, sovereign AI infrastructure in Merritt, B.C.
ThinkLabs looks to manage power grid data centre demand
ThinkLabs has secured a $39 million Series A round to help utility providers modernize power grid infrastructure as a wave of electricity-hungry AI data centres comes online. The company provides software that helps maintain grid reliability and reduce outages.
Microsoft unveils AI upgrades
Microsoft unveiled new features in its Copilot research assistant that would allow users to utilize multiple AI models simultaneously within the same workflow. Called "Critique", Copilot's Researcher agent pull outputs from both OpenAI's GPT and Anthropic's Claude models.
Syntax receives 2026 North America SAP Partner Award
Montreal-based Syntax, a global technology solutions provider, announced it has been named the recipient of an SAP Partner Awards North America 2026 for Customer Transformation: Partner-Led Territories. The awards goes to top-performing SAP partners in the North America.
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