Restructuring is here for Canadian startups as VC funding dries up
Plus: Two global SaaS firms relocate HQs to Calgary.
H|T: The Healthtech Times – Iodine Software teams up with OpenAI on AI tech for hospitals
Plus: DOJ charges 78 in sweeping $2.5B healthcare fraud takedown.
R|T: The Retail Times – Amazon faces FTC antitrust case and free returns backlash
Plus: Meet the Shopify Ventures portfolio.
A|I: The AI Times – PitchBook says VC is done for 2023, but AI startups continue to raise
Plus: OpenAI’s personal assistant plans may spark a rivalry with benefactor Microsoft.
S|W: The SaaS Weekly – ApplyBoard co-founder launches new skilled worker startup as feds update talent strategy
Plus: Snowflake expands Canadian engineering hub.
F|T: The FinTech Times – Stripe & Robinhood make layoffs, Financeit acquires competitor
Plus: FTX considers a reboot?
Feds update talent strategy as cleantech flees south
Plus: PitchBook analysts say 2023 VC funding is “pretty much shot.”
H|T: The Healthtech Times – Aledade secures big funding to fuel M&A
Plus: Babylon will cease trading on NYSE, combine with MindMaze.
R|T: The Retail Times – Shopify is in a “fight” with CRA over merchant records
Plus: Alibaba surprises with chairman and CEO replacement.
A|I: The AI Times – Can Québec’s Quantum Innovation Zone fill Canada’s D-Wave-sized hole?
Plus: AWS investing $100 million in generative AI center.
S|W: The SaaS Weekly – Adobe-Figma deal under threat as IBM nears $5B Apptio deal
Plus: Poka to be acquired in reported $200M deal.
F|T: The FinTech Times – Neo launches secured credit card, Robinhood acquires credit card startup
Plus: David Dodge says Canada’s open banking complacency due to “lack of political will.”
Québec bolsters quantum footprint as semiconductor industry forms advocacy group
Plus: Angel investment in Canada mirrored VC dip in 2022.
Three Canadian FinTech startups hiring full-stack developers
Neo Financial, Helcim, and Shakepay are looking to hire full-stack developers of varying experience levels.
H|T: The Healthtech Times – Canada’s latest big biotech exit
Plus: Google Lens can now search for skin conditions.