F|T: The FinTech Times – Procurify, Hiive secure new funding to tackle spend management & secondaries
Plus: Plaid hires first CFO on road to IPO.
calgary
H|T: The Healthtech Times – AI takeover: predictive pitfall or “medicine’s biggest moment” since antibiotics?
Plus: Quebec City-based OpSens acquired by US firm in $345M deal.
âCooler financing environmentâ leads StellarAlgo to restructure and make layoffs
Twenty-one employees laid off could represent nearly one quarter of Calgary startupâs headcount.
R|T: The Retail Times – Inside the chaos of New York’s Airbnb ban
Plus: Flexport continues weekly cuts with 20 percent workforce reduction.
A|I: The AI Times – OpenAI passes $1.3B annualized revenue while Big Tech struggles to turn AI hype into profits
Plus: Canadian quantum group appoints its first CEO.
S|W: The SaaS Weekly â Atlassian to buy video messaging provider Loom for nearly $1 billion
Plus: Vendasta closes $20M in new funding following layoffs.
CANImmunize, PharmaGuide, Wave View Imaging named to inaugural cohort of Pfizer Canadaâs Healthcare Hub
Pfizer Canada is earmarking $1.4 million in in-kind support and donations as part of the program.
F|T: The FinTech Times – Consumer payments startup Braid shuts down, Goldman Sachs drops BNPL
Plus: Ten Key Labs secures $10.5 million, launches AI equity management tool for founders.
First VCCI inclusive growth stream recipients get funding as Quantum Industry Canada appoints first-ever CEO
Plus: Exploring the forgotten history of Canadian venture capital.
Neo Financial, Jobber, WaitWell among winners of sixth annual Start Alberta Tech Awards
Neo Financial was recognized as scaleup of the year while Jobber was awarded for its $100 million Series D.
Federal government announces first VCCI inclusive growth stream VC fund recipients
BKR Capital, District Ventures Capital, Ripple Ventures, Sandpiper Ventures, The51 receive portion of $25 million.
Quickly secures $10 million in equity and debt to help businesses pay vendors promptly
Quickly claims to solve the delayed-payment problem for B2B companies.
BDC Capital deploys seed funding to help reduce greenhouse gas emissions
Green Graphite Technologies closes $2 million, while Arolytics raises $3.5 million in cleantech funding.
S|W: The SaaS Weekly â 1Password hits $250M ARR on the back of B2B growth
Plus: Cisco buys Splunk, Klaviyo shares soar post-IPO.
F|T: The FinTech Times – Jack Dorsey is back at the head of Square
Plus: Moneris goes down, Netcoins get breached (again).