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.”
R|T: The Retail Times – Shopify’s stock slips
Plus: Uber Eats vs. DoorDash: The delivery wars are heating up.
Aviron scores $23.6 million CAD Series A round to make rowing fun
Toronto startup hopes to row around Peloton’s shark-infested waters.
A|I: The AI Times – Speaking Cohere’s language
Plus: Texas sues Meta over Facebook’s facial-recognition practices.
Former Bench CEO Ian Crosby joins Shopify Balance as product director
The Bench co-founder described Shopify Balance as “a phenomenal product.”
Busbud closes $14 million CAD, acquires Recorrido to fuel Latin American expansion
Chilean energy firm COPEC’s venture arm led the round.
Operto raises $15.3 million CAD to help hosts manage short-term rentals, hotels
Operto is eyeing international expansion and new verticals like hotels.
F|T: The FinTech Times – Things at Better are getting worse
Plus: Canadian tech salaries jumped 38 percent since 2019, but attracting talent is tough.
S|W: The SaaS Weekly – Wattpad’s widening end zone
Plus: Checking in with BC’s SaaS Unicorns.
Canadian startup news of the week (2/21/22)
Plus: Allen Lau drafts a new plan for Wattpad.