Mogo launches venture arm following mixed Q4 with record revenue, large net loss
Mogo attributes most of loss to drop in value of Coinsquare warrants.
Québec’s 2022 budget heavy on R&D, light on addressing tech talent shortage
Latest budget commits to research, innovation, and life sciences.
S|W: The SaaS Weekly – The Pepsi to Indeed’s Coke
Plus: Virtual Gurus closes $8.4 million amid US demand for diversity-focused virtual assistants.
IntelliCulture closes $1.7 million Emmertech-led seed round to scale farm management platform
With beachhead in wineries, IntelliCulture wants cherries, apples, and tree nuts, too.
R|T: The Retail Times – Walmart shops for Toronto tech talent
Plus: Russian sanctions force grocery delivery service Buyk into bankruptcy.
F|T: The FinTech Times – Vitalik Buterin has concerns
Plus: The push for open banking progress.
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?