BuildDirect appoints David Lazar as interim CEO as former chief exec Dan Park joins Imperfect Foods
Dan Park will remain chair of BuildDirect’s board.
Tech leaders call on Toronto Police Service Board to strengthen proposed AI policy
The letter’s signatories include experts from Shopify, ApplyBoard, PointClickCare, and CIBC.
Headversity raises $12.5 million CAD to scale workplace mental health solution
The startup plans to use its Series A capital to expand into the US.
Following recent acquisitions, LifeSpeak files to raise up to $450 million CAD
LifeSpeak’s short-form base shelf prospectus comes less than six months after its TSX debut.
Xero to acquire Calgary’s TaxCycle in $75 million CAD deal to expand Canadian presence
Xero called the deal “an important step forward” in its commitment to Canada.
CDPQ invests $100 million CAD in AppDirect channel partner program
Through AppDirect Capital, the startup aims to help tech advisors using its platform grow.
H|T: The Healthtech Times – Inside LifeSpeak’s largest acquisition to date
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R|T: The Retail Times – Tiggy to light up more dark stores
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Hubly raises $1.7 million CAD to help financial services firms improve their productivity
Hubly aims to capitalize on the wealth management sector’s pandemic-fuelled digital transformation.
A|I: The AI Times – Valence’s new discoveries
Plus: Ocean robotics firm Nauticus to go public via $560M SPAC deal.
S|W: The SaaS Weekly – TealBook takes the reins
Plus: Reddit files confidentially to go public.
Canadian startup news of the week (12/19/21)
Plus: Ryan Holmes, Manny Padda launch venture fund to invest in young founders.
F|T: The FinTech Times – Ledn bets on Bitcoin-backed mortgages
Plus: Institutional Bitcoin broker NYDIG valued at $7B in whopping $1B funding round.
Armed with $1.2 million, Eva plans to bring ride-sharing, delivery software to new markets
Eva claims to offer “the first ride-share and delivery platform built on blockchain.”
H|T: The Healthtech Times – Elizabeth Holmes was always in control
Plus: How to (successfully) pivot your startup.