H|T: The Healthtech Times – Healthtech startups among targets of Sixty Degree Capital’s new $338-million CAD fund
Plus: Medtronic’s $738 million acquisition is cancelled.
Anticipated innovation hub Ax-C to open on former trading floor of Montréal Exchange
Backed with $48 million, Ax-C secures its location as another Montréal hub struggles.
R|T: The Retail Times – SkipTheDishes appoints its third CEO this year
Plus: Asian food delivery service Fantuan secures $40 million.
Formerly Qui Identity, Wave alumni launch digital ID verification platform Confirm
Kirk Simpson and Peter Carrescia raised $6.5 million to launch company in August 2022.
Y Combinator graduate Terminal closes $4.2-million CAD seed round
Terminal aims to be the Plaid for telematics data in commercial trucking.
A|I: The AI Times – Google launches its hopeful GPT-4 killer
Plus: “Gentle Canadian” @BasedBeffJezos raises $14M for AI hardware startup.
Leav secures $2.3 million in seed funding for its mobile self-checkout solution
The funding round was led by Nicolas Bouchard’s venture capital firm Exo10.
S|W: The SaaS Weekly – Why did SaaS VC stalwart OpenView shut down?
Plus: ContactMonkey secures $55-million Series A.
Propel receives $2.9-million ACOA grant to continue virtual accelerator program until 2026
The Government of Nova Scotia committed $1.05 million to Propel in May.
F|T: The FinTech Times – Wealthsimple targets fourfold AUM growth, Koho targets profitability
Plus: Brex, Block, Flinks, and Shakepay unveil new product offerings.
Cultivator has a new leader, Canadian FinTech leader has some new capital
Plus: Meet BetaKit’s new newsletter editor.
These game developers are hiring software engineers to six-figure salaries in Canada
To develop good video games, these companies are hiring software engineers at generous salaries.
H|T: The Healthtech Times – New Spring Impact Capital fund targets early-stage healthtech startups
Plus: AbCellera decimates staff in biotech slump.
Nicotine addiction treatment tech startup Ditch Labs acquires IP assets of French firm Enovap SAS
Acquisition comes nine months after Ditch Labs secured $3.25 million CAD in seed funding.
R|T: The Retail Times – Shopify’s Black Friday-Cyber Monday breaks records
Plus: Shein officially files for US IPO.