H|T: The Healthtech Times – Healthtech startups get DIGITAL funding for AI
Plus: Once worth $2.3B, COVID-19 test maker Cue Health shutters.
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R|T: The Retail Times – Gildan’s board resigns after months of boardroom battle
Plus: Shopify convinces US court to overturn 2022 patent-infringement decision.
Federal government invests $2.5 million in Co.Labs to maintain Uniting the Prairies
The funding will help stage the Uniting the Prairies conference for the next three years.
S|W: The SaaS Weekly – Squarespace to go private in $6.9 billion deal after hefty IPO
Plus: Figma shareholders to sell at a discount in Adobe deal fallout.
CoLab raises $28.6-million CAD Series B to grow its team and incorporate AI
CoLab CEO Adam Keating said he expects to grow the team from 86 to 125 employees by the end of the year.
F|T: The FinTech Times – Is Canada an easy mark for international money laundering?
Plus: ZayZoon returns its services to Canada after years in the US.
Vantage points: MedEssist’s Joella Almeida on why being the ‘Shopify for Pharmacies’ is not enough
“Federally procured and provincially distributed” healthcare alienates practitioners from process.
H|T: The Healthtech Times – Neuralink encounters its first problem in a human patient
Plus: Oracle’s $28-billion Cerner healthtech acquisition is losing clients.
Baseline closes $2.2 million CAD to help private lenders manage their businesses
Lender-turned-software-startup targets growing private lending market.
Vantage points: Cohere’s Ivan Zhang on making Canada the place to scale
“Right now, it’s very hard to stay in Canada if you want to be the best in the world at something.”
Pulse check: BetaKit Town Hall attendees discuss the state of Canadian tech and where it needs to go
What leaders from Ada, Communitech, Growclass, Highline Beta, Knix, and others said at the event.
Hard Knocks: The lawyer behind some of Canada’s biggest (and quietest) deals
Chad Bayne talks Verafin, Cognos, and Wealthsimple.
Maia Farms secures $2.3 million as it looks to turn mushrooms into meat alternatives
Startup recently won a space food challenge hosted by NASA and the Canadian Space Agency.
Meet the economist calling for a culture shift in Canada’s innovation economy
Plus: Shopify’s Tobi Lütke to headline BetaKit Town Hall.
H|T: The Healthtech Times – Recent hospital research undercuts AI’s timesaving promises
Plus: Drug discovery startup from controversial ex-Stanford president raises $1B.