R|T: The Retail Times – SkipTheDishes gets a new CEO…again
Plus: Sobeys pays more than expected for cyber-breach.
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Haply Robotics secures $4.8 million CAD seed round to develop tactile tech used for surgical training, gaming
Funds will go towards fine-tuning Haply’s Inverse3 device.
Ericsson sets up new quantum research hub in Montréal
Telecom tech provider has also partnered with University of Ottawa and Sherbrooke.
Vendasta acquires customer engagement platform Broadly
Deal marks an acceleration of strategic growth plans for both startups.
A|I: The AI Times – Embark Trucks explores liquidation, AI beer invades Alberta
Plus: How the Silicon Valley Bank shutdown might impact Canadian tech
Canadian tech calls on feds to inject more liquidity into sector to avoid SVB-caused “full-blown crisis”
Letter asks Government of Canada to extend bridge financing program, guarantee secured loans on SVB deposits.
A|I: The AI Times – OpenAI is now everything it promised not to be
Plus: Who’s actually getting rich off of AI?
Firehood hands out $100,000 in prizes as the DMZ, CVCA announce women of year awards
Apricotton, Areto Labs, PragmaClin secure $100,000 in total prize money from pitch competition.
Zenhub closes $10 million to make platform for managing software projects more accessible
Yaletown-backed Zenhub aims to take the silos out of software development.
Yaletown Partners hits $200 million final close for Innovation Growth Fund II
Yaletown saw four exits in 2022, including Tasktop, Circle Cardiovascular Imaging.
Daily Blends raises $2.7 million CAD, signs Metrolinx deal to deploy smart vending machines
Healthy vending machines are coming to public transit stations, college campuses across Canada.
F|T: The FinTech Times – Bad news comes in threes for Dapper Labs
Plus: Roham on the hot seat.
Canadian startup news of the week (3/05/23)
Plus: Canadian VCs had second highest year on record.
Panache’s Chris Neumann on FounderFuel’s return and “shitty” VC behaviour
“Myself and every other investor I know has a long list of people we will not deal with again.”
R|T: The Retail Times – Indigo ransomware attack gets personal
Plus: Shopify expands partner program.