Canadian startup news of the week (3/20/22)
Inside the province-wide push to make BC a global leader in cleantech
MinuteBox scores $5 million CAD to accelerate growth of its legaltech solution
Lawyer-led MinuteBox helps law firms manage their operations.
H|T: The Healthtech Times – Don’t Google that rash
PLUS: ADHD drugs are convenient to get online. Maybe too convenient.
Bank of Canada to collaborate with MIT on digital currency research project
Canada explores digital currency as Biden calls for US to examine its own options.
Microsoft leads MedMe’s $3.4 million CAD seed round to help pharmacies expand beyond retail
Microsoft’s VC arm buys into MedMe’s vision to turn pharmacies into community health hubs.
Wisedocs closes $4.1 million to bring medical document analysis to “entire” insurance ecosystem
Wisedocs’ “bread and butter” is helping insurance orgs work with medical records.
R|T: The Retail Times – Calico aces fundraising
Plus: Amazon to secure unconditional EU approval for $8.5B MGM buy.
Samos launches insurance product for accidental death during surgery
Waterloo startup claims to offer “world’s first surgical accidental death insurance.”
A|I: The AI Times – Robots in space!
Plus: Can Mayday make your calendar smart?
Canadian FinTech leaders press Government of Canada for progress on open banking
Open letter calls on feds to appoint open banking lead, adopt recommendations outlined in last year’s report.
Scribble Data closes $2.2 million to help data science teams train machine learning models
Scribble Data aims to dip into Toronto’s machine learning talent pool.
S|W: The SaaS Weekly – M&A over IPO
Plus: One year in, Backbone Angels is closing gaps for underrepresented founders.
HubSpot opens first Canadian office in Toronto
HubSpot aims to add over 50 employees in Ontario.
Bloom secures $1.4 million CAD, launches AI-powered platform to measure e-commerce product photo performance
Bloom’s big picture vision is to match its algorithm with generative AI.
F|T: The FinTech Times – Portage secures a boatload
Plus: A year after launch, Backbone Angels is closing gaps felt by underrepresented founders.