Dapper Labs, Nesto, Certn, top Deloitte’s 2023 Technology Fast 50 list
FinTech startups made a mark on the list of Canada’s leading technology companies.
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A|I: The AI Times – Jim Balsillie says “AIDA needs to be scrapped completely” as Biden lays out new executive order
Plus: Thomson Reuters commits $100M a year to GenAI, Google $2B to Anthropic.
S|W: The SaaS Weekly – John Chen retires, Hyatt brothers return with DataStealth
Plus: Uber, Lyft to pay $328 million to settle wage-theft allegations.
BDC recommits to leading seed deals with new $50-million fund
Plus: The BetaKit Keynote Stage returns to SAAS NORTH 2023.
Open banking is dead, Techno-Optimists want a war
Marc Andreessen’s manifesto is flawed. But it shows a greater sense of the moment than our politicians.
RBCx hires former SVB Canada employees to bolster support for seed-stage and life sciences startups
RBC joins growing list of Canadian banks to add talent from now-defunct SVB Canada.
BDC Capital recommits to leading seed deals in startups across Canada with new $50-million fund
VCs applaud BDC’s commitment to direct seed funding, ask for more emerging manager support.
Ecobee’s Stuart Lombard retires, AI “godfathers” sign new policy letter
Plus: Wealthsimple’s CCO says a “lack of political will” harming FinTech innovation.
Version One Ventures explains how to fundraise when capital is no longer a commodity
GP Angela Tran says a constrained venture capital landscape requires founders to be better storytellers.
PADS Financial secures $3 million CAD in pre-seed funding, launches online mortgage platform
PADS looks to leverage AI and blockchain with its online mortgage servicing platform.
Canada losing its appeal to Indian tech workers following diplomatic tensions, affordability challenges
Nearly half of the tech workers who moved to Canada between April 2022 and March 2023 originated from India.
R|T: The Retail Times – Inside the chaos of New York’s Airbnb ban
Plus: Flexport continues weekly cuts with 20 percent workforce reduction.
Procurify closes $68-million CAD Series C to invest in AI, global expansion of spend management platform
Ten Coves Capital, EDC join existing backers Information VP, HarbourVest.
Hiive secures $5.7-million CAD Series A to improve VC secondary trading
Hiive is still seeing a significant bid-ask spread for secondary stakes on its platform.
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.