F|T: The FinTech Times – Diagram Ventures adds $100M onto its FinTech bet
Plus: Shopify backs Nigeria-based FinTech Nomba.
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BC venture deal volume reached a three-year low in first quarter of 2023
Startups in BC raised $95.1 million through nine deals in Q1 2023.
S|W: The SaaS Weekly – 1Password’s CEO responds to Google’s “tipping point”
Plus: Will BlackBerry make it to the BlackBerry movie release?
A|I: The AI Times – Geoffrey Hinton issues warning, Cohere is soaring
Plus: IBM to pause hiring for jobs that AI could do.
R|T: The Retail Times – Shopify sheds staff, offloads logistics business to focus on “main quest”
Plus: RenoRun halts operations as it pursues asset sale.
Canadian startup news of the week (5/7/23)
Plus: Canadian Q1 VC investment falls 82 percent from last year.
Canadian venture capital investment in Q1 2023 drops by 82 percent compared to last year
VC saw a sharp decline in both amount invested and number of deals compared to last year.
Down rounds in 2022 lower than expected amid reliance on bridge financing: Osler report
More firms rely on bridge financing to extend cash runway as they aim for later, higher valuations.
S|W: The SaaS Weekly – Magnet shareholders ignore critics, back acquisition
How 1Password plans to build a passwordless future.
H|T: The Healthtech Times – Haply building Surgeon Simulator backed by BDC Deep Tech
Plus: Noze gets $1M grant for malaria breathalyzer from Gates Foundation
A|I: The AI Times – Bill Gates is blogging about AI now
Plus: Alberta gives $30 million to AI research.
R|T: The Retail Times – Washington prepares for war with Amazon
Plus: Rewind cuts staff as Shopify growth slows.
F|T: The FinTech Times – FreshBooks cuts 10 percent of staff to target profitability
Plus: Jack Dorsey’s Block accused of facilitating fraud.
Canadian startup news of the week (3/26/23)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
H|T: The Healthtech Times – Google is flexing its health care AI muscle
Plus: PointClickCare acquires Patient Pattern.