Web3 startup LayerZero Labs fighting $21.3-million lawsuit from FTX
Bankrupt crypto exchange suing LayerZero over alleged fraudulent transfers.
fintech
Elevate gears up for 2023 tech festival, unveils full schedule and list of speakers
Headlined by Canada’s Deputy PM, Elevate’s latest event will feature masterclasses and networking after-parties.
R|T: The Retail Times – Shopify and Amazon strike a deal
Plus: Benitago files for bankruptcy.
A|I: The AI Times – Cohere reportedly hunting for fresh funding as OpenAI passes $1B revenue pace
Plus: Xanadu, TMU to develop quantum computing educational program.
Meet the Y Combinator Summer 2023 cohort startups with Canadian connections
Participants include Decoda Health, Greenlite, LifestyleRX, Spine AI, Tempo Labs, Terminal, and VaultPay.
Clay Financial raises $1.7 million CAD to develop its home-equity sharing agreement platform
Clay aims to launch its platform in the Greater Toronto Area later this year.
Former Global Founders Capital partner launches Northside Ventures to back pre-seed Canadian entrepreneurs across North America
Northside has secured $6.25 million USD from Inovia, Intact, Bain, Golden Ventures, and Garage Capital, among others.
R|T: The Retail Times – TikTok to remove its Storefront integration, Instacart officially files for IPO
Plus: Hopper scores Air Canada partnership with embedded FinTech.
Conquest Planning partners with CapIntel to bring AI-powered advice to more financial advisors and investors
Two Canadian FinTech startups team up after closing Series A rounds last year.
AI, cleantech stay hot as mega-deals carry Canada to second-largest Q2 on record
Plus: MindBridge founder Solon Angel joins Fresh Founders as managing partner.
Three tech companies hiring Python developers in Canada
Neo Financial, Givex, and Leap Tools are looking to hire Python developers across the country.
Early-stage VC funding and mega-deals carry Canada to second-largest Q2 on record
AI, cleantech stay hot as growth-stage activity keeps quiet, per CVCA’s latest report.
Athennian feels growing pains as Coinbase looks to grow into a Canadian crypto leader
Plus: FinTech vertical sluggish as investors worry over economy.
R|T: The Retail Times – Amazon reduces private-label operation as it battles costs, regulators
Plus: FinTech platforms are leaning more heavily on buy now, pay later.
H|T: The Healthtech Times – How Y Combinator decides which health care startups are worth a shot
Plus: Silofit closes its doors, VoxNeuro raises $4.5M to scale brain performance.