A|I: The AI Times – OpenAI debuts Sora, a hyper-realistic text-to-video generator
Plus: How Vector Institute is reversing Canada’s AI brain drain.
fintech
S|W: The SaaS Weekly – Prodigy’s got a new plan, a new CFO, and a leaner team to boost growth
Plus: It’s getting (slightly) easier to sell software.
Levr.ai closes $1-million seed round for AI-powered loan platform for small businesses
Startup serves companies that “big banks struggle to service and tech startups often ignore.”
Love troubles? There’s an AI chatbot for that.
Plus: #CDNtech startups pivot and refocus in 2024.
ZayZoon, Symend, Peggy named to CIX’s top early-stage, growth startup lists
This is the first edition of the lists since Elevate acquired CIX in September 2023.
Staircase Ventures bets on Sibli as VC firm reveals first four investments
Sibli uses AI to give asset managers “information advantage” when researching opportunities.
Float secures $50-million credit facility from Silicon Valley Bank to expand its financial products
FinTech firm teams up with SVB again to grow its corporate credit offering.
Bank modernization software provider Zafin to be acquired by Nordic Capital
A Zafin investor said the deal represents one of the largest recent exits in the Canadian software industry.
Canadian VCs are less confident about 2024
Plus: Crypto stakeholders raise alarm on stablecoins.
Tracey Black to step down as president, CEO of Payments Canada
Payments Canada is responsible for implementing the long-awaited Real-Time Rail.
OneEleven taps Chris Greenfield as new managing director
Greenfield believes Canadian tech ecosystem is “beyond Series A,” and it’s time to prove it.
H|T: The Healthtech Times – Neuralink implants in first human test subject
Plus: How 23andMe’s valuation fell from $6 billion to nearly $0.
Blockchain startup Hivello raises $3.3 million CAD in pre-seed funding
Hivello wants to democratize access to Web3 projects.
Wealthsimple surpasses combined $200 million for venture, private credit, equity funds
The FinTech firm’s trio of alternative investment funds have seen demand from retail investors.
Koho wants to be the new bank on Bay Street
Plus: C100 CEO is out after less than two years in role.