The Group Ventures secures $20 million for Fund II to invest in Canadian, Israeli tech startups
The Group Ventures’ portfolio includes MindBridge and Flybits.
H|T: The Healthtech Times – Aviron rows on
Plus: Hims & Hers 2021 revenue jumps 83%.
Questrade launches online mortgage service QuestMortgage
Mortgages could be a differentiator for Questrade amid Wealthsimple competition.
R|T: The Retail Times – Carvana revs up
Plus: Former Bench CEO Ian Crosby joins Shopify Balance.
Q4 Inc. reports rising revenue, losses in fourth quarter and 2021
Despite stock drop since IPO, CEO optimistic about organic growth, M&A opportunities.
A|I: The AI Times – Meta’s killer app is translation?
Plus: Waymo to keep robotaxi safety details secret, court rules.
Zymeworks co-founder, former CEO Ali Tehrani joins Amplitude Ventures as venture partner
Tehrani aims to leverage his Zymeworks learnings to help other Canadian biotech firms grow.
Curv Health closes $5.1 million to connect employers, insurers with healthcare providers
Round co-led by Build Ventures and healthtech-focused iGan Partners.
S|W: The SaaS Weekly – Salesforce wants Traction on Demand
Plus: Hopper continues acquisition spree with Parisian airline travel tech Smooss.
Canada commits $240 million to bolster domestic semiconductor ecosystem
The financing will fuel a new semiconductor fund and updates to the CPFC fab.
Epoch Integration co-founders secure funding to simplify tax prep with Blackspark
The team that sold Epoch to BlackBerry is back to offer something better than “upload and pray” tax solutions.
Canadian startup news of the week (2/27/22)
Clearco swaps CEOs; Hopper continues acquisition spree; ApplyBoard eyes IPO.
F|T: The FinTech Times – Leadership changes at Clearco
Plus: 1Password expands into crypto.
H|T: The Healthtech Times – LifeSpeak’s largest acquisition
Plus: Their bionic eyes are now obsolete and unsupported.
Avanti Software secures $25 million to fully embrace cloud-only payroll and HR tech
Since its acquisition in 2016, Avanti has gone “all-in on the cloud.”