S|W: The SaaS Weekly – Databricks nabs Arcion for $100M, 1Password detects “suspicious activity”
Plus: CentML gets Google and Nvidia backing to boost ML model performance.
Damon Motors revs up to go public on the Nasdaq via reverse merger
The reverse merger will be completed with a UK-based spinoff of Inpixon.
F|T: The FinTech Times – Is open banking in Canada dead?
Plus: How a Fintech reckoning Is rippling through a small bank in Washington.
Ecobee’s Stuart Lombard retires, AI “godfathers” sign new policy letter
Plus: Wealthsimple’s CCO says a “lack of political will” harming FinTech innovation.
H|T: The Healthtech Times – OMERS Ventures wants you to reset your expectations for healthtech investing
Plus: Pfizer Canada announces inaugural cohort of its Healthcare Hub.
FinTech startup Peloton Technologies announces acquisition of KIS Payments
The deal comes almost four months after Peloton received $1.5M from PacifiCan.
R|T: The Retail Times – How trucking startup Convoy drove itself into the ground
Plus: Post-Hopper, Expedia partners with Air Miles for new travel booking platform.
Hinton, Bengio, among 24 expert signatories with policy-focused AI recommendations in new letter
Signatories include multiple CIFAR chair members behind Canada’s Pan-Canadian AI Strategy.
After pivoting focus from sellers to buyers, Kiwiz hopes to be the Uber for car inspections
Kiwiz has raised $600,000 CAD in pre-seed funding.
A|I: The AI Times – OpenAI employee secondary values company at at least $80 billion
Plus: Why Korean car makers want Tenstorrent’s AI hardware.
S|W: The SaaS Weekly – Struggling BBTV to go private while BlackBerry spinout eyes June IPO
Plus: What Allen Lau learned from Wattpad’s $754-million acquisition.
PADS Financial secures $3 million CAD in pre-seed funding, launches online mortgage platform
PADS looks to leverage AI and blockchain with its online mortgage servicing platform.
F|T: The FinTech Times – Procurify, Hiive secure new funding to tackle spend management & secondaries
Plus: Plaid hires first CFO on road to IPO.
EDC report says Canada is struggling to convert startups to scaleups
Plus: Ripple Ventures plants flag in Vancouver as part of coast-to-coast Fund III.
Blockchain payments firm Ripple is hiring software engineers in Canada
The San Francisco-based company is looking for software engineers in its Toronto office.