CoolIT sold to Ecolab for $4.75-billion in one of biggest ever Canadian tech takeovers Sale of Calgary-based supplier to data-centre industry will provide a bounty to owners KKR and Mubadala - and a big payout to employees

Calgary’s CoolIT Systems had sold to Ecolab for $4.75-billion in one of biggest ever Canadian tech takeovers.

The deal represents a massive win for KKR - and employees who participate in a share ownership program

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Weston family funding launch of a national digital-media startup, sources say The non-profit online publication, being developed under the working title Be Giant, is preparing to debut this spring

Weston family funding launch of a national digital-media startup, sources say

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@carrietait.bsky.social

Does Georgian have its groove back? VC firm touts recent momentum to LPs as it aims to raise US$1-billion Its latest fund, its first growth vehicle since 2023, comes after challenges stemming from burst of COVID-19 tech bubble

Does Georgian have its groove back? VC firm touts recent momentum to LPs as it aims to raise US$1-billion. Globe & Mail exclusive look at Canada’s largest independent VC firm and how it has regained its footing after a tough post pandemic bubble period.

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Bar-stool inspiration turns Taiv into Winnipeg’s hottest startup since SkipTheDishes Company that swaps ads from bar TV screens for its own commercial feed raises US$13-million after 7,432-per-cent revenue growth

Bar-stool inspiration turns Taiv into Winnipeg’s hottest startup since SkipTheDishes: The company, which swaps ads from bar TV screens for its own commercial feed using AI, raises US$13-million after 7,432-per-cent revenue growth over three years
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Catherine O’Hara didn’t steal scenes she just showed up and ownership automatically defaulted to her

Arlene Dickinson and Amber Mac cut ties with Canadian social media startup Gander Social Canadian broadcast stars quit after failing to reach terms on investment or advisory roles

Canadian media personalities Arlene Dickinson and Amber Mac cut ties with Canadian Gander Social as social media startup raises $2-million in crowdfunding campaign

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Hootsuite CEO says ‘what we are watching unfold right now is wrong’ while defending ICE contract Chief executive did not mention role of federal agents in the shooting deaths of Renee Nicole Macklin Good and Alex Pretti in Minneapolis in letter to employees

Globe scoop: Hootsuite CEO says ‘what we are watching unfold right now is wrong’ while defending ICE contract /via @globeandmail

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Waabi launching robotaxi fleet with Uber after raising US$750-million Toronto company’s deal with Uber marks its first expansion outside of autonomous trucking

Last month the Globe broke the news that self-driving car software maker Waabi was raising US$750 million.

The Toronto company has confirmed that as well as another big development: Uber, an early investor, plans to build a fleet of robotaxis w/Waabi

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Cars with giant snow hawks on their roof and 2 feet on the sidewalks. Craven Rd in Little India

Snow-Hawks!

Leslieville and the east end sure got more lake effect snow than downtown. wow.
#Toronto #snowTO #ONstorm

Amateur sports streamer LiveBarn agrees to $400-million private equity takeover The deal, which requires approval from two federal ministers, is part of a boom in sports-related tech deals

Globe exclusive: Amateur and youth sports-streaming service LiveBarn agrees to US$400-million private equity takeover by PE firm GTCR; deal requires federal govt signoff

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Hootsuite CEO says ICE contract will stand as long as agency honours terms and conditions Leader of Vancouver social media management company addresses employee questions in internal call. “We did nothing wrong here,” CEO says

Hootsuite CEO tells employees ICE contract will stand as long as agency honours terms &conditions. "We did nothing wrong here," Irina Novoselsky says during internal call Thursday while accusing media of "fake news". latest scoop in the @theglobeandmail.com
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Vancouver company Hootsuite seeks business with ICE amid financial pressures Company has secured a project with ICE that involves ‘social listening’ after cancelling a contract in 2020 over employee backlash

Vancouver company Hootsuite seeks business with ICE amid financial pressures

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Seven tech firms joined Canada’s $100-million club in 2025 – and 2026 could bring even more Surging AI companies could lead a bumper crop of nine-figure revenue generators within two years

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Seven tech firms joined Canada’s $100-million club in 2025 – and 2026 could bring even more (story below)

I thought they went to the island of lost toys

Waabi closes in on $750-million financing, valuing driverless truck company at $3-billion Khosla, G2 Ventures and Uber among big investors in deal expected to close as early as this month

Globe exclusive: Waabi closes in on US$750-million financing, valuing driverless truck company at US$3-billion pre-money

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Steve Cropper, Guitarist, Songwriter and a Shaper of Memphis Soul Music As a member of Booker T. & the MG’s and as a producer, he played a pivotal role in the rise of Stax Records, a storied force in R&B in the 1960s and ’70s.

Steve Cropper, the prodigious guitarist, songwriter and producer who played a pivotal role in shaping the lean gutbucket soul music made at Memphis’s Stax Records in the 1960s and ’70s, has died at 84.

With launch of Toothpod, U of T startup star shifts from winning awards to fighting plaque Vishar Yaghoubian is one of Canada’s most hyped emerging entrepreneurs, and has big-name investors backing her eight-person company

With launch of Toothpod, U of T startup star shifts from winning awards to fighting plaque

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Variational AI inks drug discovery deal with Merck worth up to $349-million Vancouver company uses generative AI to identify potential molecules, saving millions of dollars and months compared to other efforts

Variational AI inks drug discovery deal with Merck worth up to $349-million

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Tech founders leaving Canada at accelerating rate, survey finds ‘Every founder who leaves ... is one less person creating jobs, paying taxes and building prosperity here,’ CEO of Build Canada says

Tech founders leaving Canada at accelerating rate, survey finds

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How Canada became a leader in quantum tech, one of the most promising and potentially terrifying technologies of the future Canada is positioned to benefit economically from quantum computing, but can it keep up with other countries pouring billions into their own industries?

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How Canada became a leader in quantum tech, one of the most promising and potentially terrifying technologies of the future. Weekend feature in the @globeandmail by me and @IvanSemeniuk

Payworks sells stake to private equity, making Barb Gamey one of Canada’s most successful female founders Hg Capital buys undisclosed stake, its fifth software investment in Canada

Payworks sells stake to private equity firm Hg, making cofounder Barb Gamey one of Canada’s most successful female founders

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Globe editorial: A rescue plan for Ottawa’s ailing core There are things the federal government can do to help the capital reflect the nation’s G7 status

Globe editorial: A rescue plan for Ottawa’s ailing core

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