R|T: The Retail Times – Thrasio raised $3 billion. Now it’s filing for bankruptcy.
Plus: US resistance has Shein eyeing UK to IPO.
Virtual mental health platform Cognito raises $2 million in seed funding
Cognito plans to expand its mental health services across Canada this year.
McMaster University partners with Celesta Capital to support Canadian deep tech startups
Celesta will help McMaster-affiliated entrepreneurs commercialize their innovations.
Contractor management platform PayShepherd closes $7 million CAD as product, market expansion continues
Inovia Capital-led round aimed at cementing firm’s presence in the United States and Canada.
A|I: The AI Times – Cohere will cover its customers sued for copyright violations
Plus: Six months after launch, Toronto’s Ideogram secures $80 million.
Synctera secures $18.6-million Series A extension, launches new payments integration
Synctera launched its embedded banking platform for Canada in December 2023.
S|W: The SaaS Weekly – Why is Marc Benioff buying up Hawaiian land?
Plus: Certn’s new president targets growth over acquisitions.
Miovision nabs Traffic Technology Services in second acquisition this year
Miovision acquired traffic data collection company CJ Hensch & Associates in January.
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.