S|W: The SaaS Weekly – How investment banks are helping Canva and Figma stay private
Plus: Ottawa’s Kinaxis to make staff cuts as profits rise.
F|T: The FinTech Times – Wealthsimple begins offering mortgages with Pine partnership
Plus: Binance caught in anti-money laundering crosshairs.
H|T: The Healthtech Times – Walmart ditches telehealth and cyberattack paralyzes Canadian pharmacy chain
Plus: Ottawa firm acquires mental health platform for first responders.
Three Canadian companies among finalists of Musk-funded XPRIZE Carbon Removal competition
Skyrenu, Arca, and Planetary are entering the last stage of the $100-million, four-year-long competition.
New open letter from business groups condemns capital gains changes as “divisive”
CCI gathered approximately 2,000 signatures protesting the tax changes in a different letter last month.
AppDirect acquires low-code B2B marketplace builder Builtfirst
Nicolas Demarais-founded AppDirect looks to become a one-stop solution for B2B marketplace building.
R|T: The Retail Times – South Korean retail unicorn to set roots in Toronto
Plus: Shopify’s Tobi Lütke headlines BetaKit Town Hall.
A|I: The AI Times – Why Nvidia’s CEO handpicked this U of T professor
Plus: A mysterious “gpt-2” chatbot came online and vanished just as quickly.
Propel unveils latest Atlantic Canada cohort, ventureLAB opens applications for semiconductor incubator
Both accelerators recently received federal funding to continue their operations.
S|W: The SaaS Weekly – Is Bill Gates still the real brains behind Microsoft?
Plus: 1Password’s new product looks to secure unmanaged devices.
The Growcer raises $3 million Series A backed by former Farm Boy Co-CEO Jeff York
Growcer develops vertical farms in modular containers to help combat food insecurity in challenging climates.
ACOA grants Springboard Atlantic $9.8 million to aid research commercialization
Springboard’s 19 member institutions contributed an additional $5.2 million to the organization.
F|T: The FinTech Times – Jack Dorsey’s Block investigated by US federal prosecutors
Plus: Binance CEO sentenced to four months.
Rogers Cybersecure Catalyst and RBC launch FinSec incubator
Incubator aims to help emerging FinTech and cybersecurity startups achieve product-market fit.
H|T: The Healthtech Times – Recent hospital research undercuts AI’s timesaving promises
Plus: Drug discovery startup from controversial ex-Stanford president raises $1B.