EDC makes COVID-19 investment matching program permanent, expands eligibility
Since 2020, the program has invested a total of $223 million in 84 Canadian companies.
S|W: The SaaS Weekly – Does Citrix + Tibco = SaaS powerhouse?
Plus: 6 reasons Meta is in trouble.
Dozr raises $27.5 million in Series B funding to support US expansion plans
The heavy equipment rental startup aims to replicate its Florida playbook in other markets.
iGan Partners, Faisal Belhoul launch Arabia medtech fund with $250 million USD target
The fund has invested in Okadoc, Exact Imaging, eSight, and MolecuLight.
F|T: The FinTech Times – Can Koho disrupt Canadian banking before Wealthsimple disrupts them?
Plus: Coinbase adds Shopify CEO to board of directors.
Canadian startup news of the week (2/06/22)
Koho finds its flywheel.
Stamped AI closes $2 million to simplify financial statement prep for SMBs
Stamped AI describes itself as a “tech-enabled audit firm.”
H|T: The Healthtech Times – Investors bet big on BenchSci
Plus: What stopped The Canadian Shield from supplying the PPE and tests Canada needs?
LeddarTech scores $140 million USD in Series D funding and debt
LeddarTech builds tech systems that support autonomous vehicles.
Amplify Capital closes $30.7 million for second fund, eyes Québec startups with Montréal office
To date, the MaRS spinout has backed 7 companies through Fund II.
R|T: The Retail Times – How long will it take Shopify to compete with Amazon on fulfillment?
Plus: Lightspeed adds global tech entrepreneurs to its board.
Wealthsimple still working on crypto wallet withdrawals
Wealthsimple plans to ensure all users have access to BTC and ETH withdrawals soon.
WeBC appoints entrepreneur and community builder Shauna Harper as new CEO
Harper will assume leadership of the not-for-profit on April 4.
A|I: The AI Times – Boeing hails an (autonomous) taxi
Plus: OpenAI co-founder Sam Altman ridicules startup fundraising process.
BKR Capital secures additional $4.5 million, announces first four investments in Black-founded tech startups
The fund backs Black-founded Canadian tech firms at the seed stage.