General Atlantic becomes major investor in travel perks platform Plusgrade
The deal values Plusgrade at over $2 billion, according to The Globe and Mail.
F|T: The FinTech Times – Stripe’s $65B valuation indicates an IPO isn’t anytime soon
Plus: How Flinks is building middleware for open banking.
H|T: The Healthtech Times – Apple Vision Pro goes to the hospital
Plus: Abridge raises $150 million to increase the speed and accuracy of medical note-taking.
Jacob Homiller replaces co-founder Chris Stern as CarbiCrete CEO
Stern says he will remain with the company as a strategic advisor.
R|T: The Retail Times – Temu and Shein’s success = air freighters’ stress
Plus: Shopify’s green strategy gamble, DeliveryHero abandons Foodpanda sale talks.
Midjourney competitor Ideogram closes $80-million USD Series A as it launches latest text-to-image model
The fundraise comes just six months after its $22.3-million seed round.
Elevated Signals raises $7.9 million CAD Series A to scale its manufacturing operations software
After starting in cannabis, startup looks to its original goal of tackling food security.
Canadian-founded Power closes $16.3-million CAD Series A to connect patients with clinical trials
Power claims over 600,000 patients used Power to discover clinical trials last year.
EdTech startup Tokidos secures $1.35 million CAD for screenless gaming console
Tokidos says it has more than $115,000 in pre-orders for its September launch.
A|I: The AI Times – Nvidia rides the AI wave to a $2-trillion valuation
Plus: Yoshua Bengio calls for deepfake regulations.
S|W: The SaaS Weekly – Reddit’s power users will get first dibs on its IPO
Plus: Golden Ventures talks success in closing fifth seed-stage VC fund.
Four Canadian companies selected to Comcast SportsTech Accelerator
Canada lead the pack with the highest number of companies in the global cohort.
F|T: The FinTech Times – BC court upholds ban on crypto mining, Sequoia backpedals Klarna ousting
Plus: Capital One’s blockbuster acquisition to protect itself from FinTech.
Helika closes $10.8-million CAD Series A for Web3 gaming analytics platformÂ
Following success in North America and Europe, Helika wants to expand to the Asia-Pacific market.
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.