S|W: The SaaS Weekly – Atlassian to buy video messaging provider Loom for nearly $1 billion
Plus: Vendasta closes $20M in new funding following layoffs.
diversity
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.
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.
Healthtech startup Medreddie takes home the first Elevate Women+ Pitch Prize
Medreddie secures funding from The Firehood, Forum Ventures, BDC Capital’s Thrive Lab.
Techstars Toronto celebrates 100 direct investments as an accelerator
The organization is also welcoming an even mix of Canadian and international companies to its 2023 class.
Front Row Ventures closes over-subscribed $5.5-million CAD pan-Canadian fund
By students, for students firm plans to invest in 50 startups over the next four years.
How TECHNATION thinks we can solve Canada’s tech talent gap
Canadian companies have over 40,000 open tech roles–and they needed them filled yesterday.
Oneka raises $12.5 million CAD, prepares to deliver desalination devices along the Pacific coast
Oneka says it can produce fresh water with zero greenhouse gas emissions using the power of waves.
H|T: The Healthtech Times – Where Amazon’s healthcare bets are headed next
Plus: MedStack gears up to help digital health startups in Europe navigate GDPR.
R|T: The Retail Times – Has the FTC taken the first step to break up Amazon?
Plus: Behind the scenes of Shopify’s Buy with Prime deal and Flexport’s ousting of CEO Dave Clark.
Inovia announces $34-million CAD Discovery Fund for early-stage VCs
Fund formalizes Inovia’s support for emerging managers as many struggle to fundraise.
A|I: The AI Times – Why Midjourney’s founder rejects venture capital
Plus: Rockwell Automation to acquire Clearpath Robotics.
The Forum introduces index to support access to capital for women and diverse entrepreneurs
The resource aims to help close the funding gap for women, BIPOC, and LGBTQ+ founders.
F|T: The FinTech Times – Circle is losing to Tether, Square merchants lose connectivity
Plus: Meet the Y Combinator Summer 2023 cohort startups with Canadian connections.
Cultivator hits $100M milestone as Conexus loses VC Sean O’Connor
Plus: How this multi-millionaire “pirate” entrepreneur kicked his self-destructive habits.