Exro to acquire California-based SEA Electric in $332-million CAD EV-tech deal
Exro said deal provides it with “a defined path” to profitability.
A|I: The AI Times – Ex-CPPIB chief wants to raise $500M USD AI growth fund
Plus: the free tool that ‘poisons’ AI models.
Tokens.com blazes in asset sale to StoryFire
The Web3 business has also put its domain up for sale.
AI-powered medical record reviewer Wisedocs closes $12.7-million CAD Series A round
Wisedocs claims it has more than doubled its customer base in 2023.
S|W: The SaaS Weekly – The “mother of all breaches” and more layoffs at Salesforce
Plus: The Vancouver startup partnering with Napster (in 2024).
Eight Canadian foodtech projects receive $1.9 million in pilot funding from CFIN
Supported projects include short-haul delivery robots and augmented reality training programs.
F|T: The FinTech Times – Brex burning bucks while Klarna mulls IPO
Plus: Visa partners with Plug and Play to support Canadian FinTech.
H|T: The Healthtech Times – OMERS reportedly puts LifeLabs up for sale
Plus: PointClickCare’s acquisition spree continues with US healthtech company.
Nesto enters brokers channel through partnership with M3 Mortgage Group
The digital mortgage lender will become available to over 8,500 brokers.
R|T: The Retail Times – Shopify has payments power over Amazon and a new $260M cheque into Flexport
Plus: GoDaddy launches payment processing and terminal in Canada.
Tiny to purchase WholesalePet from Emerge Commerce for $12.5 million CAD
Emerge Commerce originally acquired the online pet supply wholesaler in 2021.
Spellbook secures $27-million CAD Series A to scale “AI copilot for lawyers”
The legaltech’s generative AI offering aims to help lawyers review and draft contracts.
A|I: The AI Times – Zuckerberg flexes Meta’s power on the AI market
Plus: Cohere investor Thomvest Ventures closes $250M fund.
Bello raises $1.5 million for its consumer water filter and infuser
Bello wants to help eliminate plastic bottles with long-lasting filter, multi-use flavour capsules.
TIAP partners with OBIO to open applications for healthtech funding stream
Selected companies will receive up to $200,000 in grant, dilutive funding.