Biointelligence raises $5 million for biomanufacturing efficiency platform
The company intends to use the funds to accelerate growth in the United States and Europe.
S|W: The SaaS Weekly – Following reports of grooming, WattPad turns off DMs
Plus: An active week of SaaS acquisitions.
Feds, province contribute nearly $85 million to IBM’s Québec semiconductor expansion plans
The funding is part of IBM’s $1-billion plan to develop its operations in Bromont.
F|T: The FinTech Times – UK law enforcement can now seize crypto before an arrest
Plus: Zafin’s founder headlines latest slew of #CDNtech CEO turnover.
FreshBooks expands Stripe partnership with new embedded payments offering
FreshBooks Payments will allow businesses to invoice and collect payments in one place.
H|T: The Healthtech Times – AbCellera plays the long game despite losses
Plus: The BC telemedicine company that was allegedly a “pump and dump.”
R|T: The Retail Times – Who gets a raise inside Shopify’s employee scoring system?
Plus: How Amazon has been spying on rivals.
Zafin founder and CEO joins latest slew of #CDNtech executive turnover
Martello, Boast, and Illumin have also shuffled their leadership teams since the end of March.
Boom and goConfirm launch new products from experienced #CDNtech leaders
Ex-Shopify execs spice up remote meetings, while Wave alumni launch an AI scam detector.
Interac acquires “key employees,” exclusive Canadian rights to payments personalizer Vouchr
Vouchr allows users to attach personalized multimedia notifications to money transfers.
A|I: The AI Times – This Canadian AI startup will collab with semiconductor giant Arm
Plus: There’s more in #Budget2024 beyond AI.
Forcen closes $8.35 million in funding to develop its touch-tech for robots
The round was co-led by Brightspark Ventures and BDC Capital’s Deep Tech Venture Fund.
S|W: The SaaS Weekly – Is Salesforce reviving the M&A market?
Plus: What you need to know in #Budget2024.
Across-the-pond acquisitions: Descartes acquires ASD, HR Path acquires GroupeX
Descartes continues its acquisition spree while GroupeX joins HR Path’s growing Canadian portfolio.
F|T: The FinTech Times – Business leaders react to open banking updates in #Budget2024
Plus: Crypto enthusiasts eager for Bitcoin’s ‘halving.’