R|T: The Retail Times – Lightspeed’s Age of Dax is over
Plus: Amazon confronts pandemic costs and raises the price of Prime.
SVB reports Canadian tech startups drew record $16 billion in investment in 2021
Canadian tech almost tripled 2020’s funding numbers.
A|I: The AI Times – Cruise cruises to deployment
Plus: DeepMind’s AlphaCode AI writes code at a competitive level.
Coveo sees 39 percent year-over-year revenue growth in “record” Q3
This is the first earnings report since Coveo went public on the TSX.
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.