Canadian startup news of the week (9/11/22)
Plus: Panache closes $100 million for second fund to double down on seed-stage startups.
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H|T: The Healthtech Times – Telus has its Lifeworks
Plus: More layoffs hit healthtech.
R|T: The Retail Times – Shopify to contest $40 million patent infringement verdict
Plus: Shopify warns merchants against using Amazon’s ‘Buy With Prime’ service.
A|I: The AI Times – This AI won top prize at the state fair
Plus: Five months in, details on Canada’s new Innovation and Investment Agency remain sparse.
S|W: The SaaS Weekly – 1Password shuffles C-suite as Snap lays off 20% of employees
Plus: Snap lays off 20% of employees.
F|T: The FinTech Times – Clearco comes home, Klarna’s losses triple
Plus: Ticketmaster taps Flow Blockchain to allow organizers to issue NFTs along with tickets.
Canadian startup news of the week (9/5/22)
Plus: Clearco hands overseas business to Outfund.
H|T: The Healthtech Times – Vitalik Buterin gives financial boost to 🇨🇦 doctors tracking carbon dioxide levels
Plus: The many hurdles life sciences startups must overcome to commercialize.
R|T: The Retail Times – Apple faces likelihood for DOJ lawsuit
Plus: Top Amazon seller Packable begins liquidating, job cuts after failed SPAC attempt.
A|I: The AI Times – AI companies secure massive funding despite economic downturn
Plus: D-Wave, Coveo, Canada Drives among companies receiving collective $50 million for Scale AI projects.
S|W: The SaaS Weekly – OpenText has a Micro Focus
Plus: Vendasta, Q4 make layoffs.
F|T: The FinTech Times – Canadian FinTech is in the tank, but this challenger bank thinks it can stay afloat with scale
Plus: Canadian tech companies continue to hire despite downturn.
Canadian startup news of the week (8/28/22)
Plus: How GrowthX found product-market fit across Canada’s accelerators.
H|T: The Healthtech Times – AlayaCare makes cuts as revenue doesn’t follow “aggressive investment”
Plus: Nurses say Amazon’s ambitions clash with health best practices.
R|T: The Retail Times – Shopify collabs with creators and Gorgias
Plus: Wayfair and Apple make more layoffs, Zellers is resurrected.