Montréal’s tech hub is in trouble, Waterloo Region goes grassroots
Plus: Why is the Start-up Visa program struggling?
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H|T: The Healthtech Times – Healthtech startups among targets of Sixty Degree Capital’s new $338-million CAD fund
Plus: Medtronic’s $738 million acquisition is cancelled.
S|W: The SaaS Weekly – Why did SaaS VC stalwart OpenView shut down?
Plus: ContactMonkey secures $55-million Series A.
F|T: The FinTech Times – Wealthsimple targets fourfold AUM growth, Koho targets profitability
Plus: Brex, Block, Flinks, and Shakepay unveil new product offerings.
Cultivator has a new leader, Canadian FinTech leader has some new capital
Plus: Meet BetaKit’s new newsletter editor.
H|T: The Healthtech Times – New Spring Impact Capital fund targets early-stage healthtech startups
Plus: AbCellera decimates staff in biotech slump.
R|T: The Retail Times – Shopify’s Black Friday-Cyber Monday breaks records
Plus: Shein officially files for US IPO.
A|I: The AI Times – Sam Altman is back, Microsoft grabs a board seat, OpenAI plans governance changes
Plus: PASQAL commits $90 million to quantum initiative to DistriQ in Sherbrooke.
S|W: The SaaS Weekly – OpenText sells off mainframe business for over $2 billion USD
Plus: MaRS IAF returns and is ready to invest.
F|T: The FinTech Times – Apple cuts Goldman’s card, Coinbase praises Canadian crypto regulation
Plus: Willow.ca acquired by rental platform Guiker.
MaRS IAF is back, ready to invest in early-stage startups
Plus: BetaKit announces strategic partnership with Good Future.
H|T: The Healthtech Times – PointClickCare’s Mike Wessinger on how Canada’s tech sector stacks up globally
Plus: Semantic Health acquired by US-based AAPC.
R|T: The Retail Times – How Hopper’s Fred Lalonde went from hacker to tech titan
Plus: AI-powered marketing platform Birdseye closes $4.1 million CAD seed round.
S|W: The SaaS Weekly – Investment in Canadian SaaS almost doubled from 2022 to 2023
Plus: Marc Benioff just can’t make up his mind on RTO.
F|T: The FinTech Times – Feds make new open banking promises to positive reception
Plus: Kraken in SEC’s sights as Binance founder Changpeng Zhao steps down, pleads guilty.