Boston-based Haemonetics announces intent to acquire OpSens in healthtech deal worth $345 million CAD
OpSens said acquisition will provide the company with a global sales channel.
F|T: The FinTech Times – Canada’s open banking lead extends his term as delays continue
Plus: Clearco recapitalizes, WonderFi eyes Nasdaq.
Ecosystem fears SDTC funding gap, FinTechs rally against open banking delays
Plus: Hugging Face’s Sasha Luccioni on tracking the ethical and environmental impacts of AI.
Fivetran is hiring software engineers, VPs, and product managers for its data movement platform in Canada
The California-based SaaS firm is hiring remote and Toronto-based positions.
H|T: The Healthtech Times – Andre De Grasse is in a race to fund health startups
Plus: VC interest in fertility continues with $20M Series A for Pollin.
Alberta Innovates opens applications to $8 million program for AI integrations into provincial health system
Projects eligible for up to $800,000 over three years.
Rockwell Automation completes acquisition of Clearpath Robotics and its OTTO Motors division
Reportedly topping $600 million USD, the deal will keep the autonomous robotics startup in the Waterloo Region.
R|T: The Retail Times – Shopify takes stake in Faire as company discourages employee side hustles
Plus: Instacart quickly loses its IPO gains.
Business getaway marketplace RetreatsAndVenues takes first prize in New Ventures BC 2023 startup competition
Vancouver-based startups Browse AI and Blanka came in second and third place.
MaRS and Innovate UK announce cohort for third advanced manufacturing incubator
Startups focused on industrial automation, carbon adsorbents, and aerospace maintenance are part of the new cohort.
A|I: The AI Times – Canadian leaders sign Gen AI code of conduct, Shopify’s CEO wants fewer “referees”
Plus: Amazon rachets AI race with up to $4 billion investment in Anthropic.
Ocean Supercluster announces $20 Million Investment in nine new AI-powered ocean projects
The funding brings the national innovation focus of AI to aquaculture and coastal cleantech.
S|W: The SaaS Weekly – Summertime Sadness for Saskatoon software startups
Plus: 1Password has a president.
Scale AI announces $21 million for nine Canadian AI healthcare projects
The projects address a sector facing budgetary strain, high community needs, and a persistent labour shortage.
F|T: The FinTech Times – Wealthsimple partners with Interac, Luge Capital is ready to cut cheques
Plus: Neo Financial, Float headline LinkedIn top startups list.