As crypto market bounces back, Balance reachieves $2 billion in assets under custody
Balance relocated its headquarters from Toronto to Calgary at the end of January.
H|T: The Healthtech Times – Healwell CEO dishes on evolution from clinics to AI
Plus: Newfoundland wants to be a biotech hub.
R|T: The Retail Times – Dax Dasilva returns as Lightspeed CEO, Shopify drops on strong earnings
Plus: Investors fooled by Lyft typo.
A|I: The AI Times – OpenAI debuts Sora, a hyper-realistic text-to-video generator
Plus: How Vector Institute is reversing Canada’s AI brain drain.
Y Combinator and Yoshua Bengio-backed Armilla AI secures $6 million CAD in new funding
Armilla says its AI model warranty could have covered Air Canada’s chatbot snafu.
S|W: The SaaS Weekly – Prodigy’s got a new plan, a new CFO, and a leaner team to boost growth
Plus: It’s getting (slightly) easier to sell software.
1Password acquires Boston-based device security platform Kolide
Following the deal, CEO Jeff Shiner said 1Password expects to add 250 new positions in 2024.
F|T: The FinTech Times – Float expands with $50M debt financing from SVB
Plus: What a crumbling Brex says about the FinTech sector.
H|T: The Healthtech Times – Beleaguered 23andMe weighs splitting
Plus: Amazon makes cuts in healthcare units.
ZayZoon, Symend, Peggy named to CIX’s top early-stage, growth startup lists
This is the first edition of the lists since Elevate acquired CIX in September 2023.
R|T: The Retail Times – Shein seeks China’s green light to IPO
Plus: Shares drop after Lightspeed beats Q3 guidance and Shopify hikes prices.
Ocean tech company Xeos Technologies acquired by Spain’s Satlink
Xeos helps track and control assets that operate in harsh maritime environments.
Unbounce among the latest #CDNtech companies making changes at the top
WeCook, Aifred Health, and Stream Systems have also made leadership changes this month.
A|I: The AI Times – Deepfaked: employee falls for $25M USD money transfer order
Plus: Google launches a re-branded Bard in Canada and AI flags abound.
S|W: The SaaS Weekly – Snap cuts senior execs amid sector-wide layoffs
Plus: Canadian cleantech startup scores in Latin America with global clients.