A|I: The AI Times – Itâs never been more important to address diversity in AI
Plus: Why business is booming for military AI startups.
fintech
Payments Canada appoints Wealthsimpleâs chief compliance officer to member advisory council
The appointment marks the only FinTech startup rep on the council.
H|T: The Healthtech Times – Period, fertility apps could be weaponized in post-Roe world
Plus: Judge rules Apple Watch infringed AliveCor’s ECG patent, setting up potential U.S. import ban.
A|I: The AI Times – Toronto wants to kill the smart city forever
Plus: Tesla is cutting about 200 Autopilot jobs.
Deloitte, EY purchasing Canadian tech consulting firms
Both firms acquired companies based in British Columbia.
Andre De Grasse, Michele Romanow, George Sully added as Elevate Festival speakers
BetaKit will once again program Elevateâs AI and Money stages.
Fluence acquires SaaS startup Sturnis365 to expand European presence
Fluenceâs second acquisition in six months gives the startup an end-to-end accounting solution.
Customer alleges Vena Solutions âfalsely assertedâ SOC report was independently audited
Vena Solutions confirms an âissue relating to SOC reports.â
Canadian startup news of the week (7/3/22)
Plus: Canadian tech companies expand support for US employees in wake of Roe v. Wade ruling.
Goeasy plans to leverage its LendCare acquisition with online car sales startup Canada Drives
Financial services company makes $40 million equity investment, joins Canada Drivesâ board.
Jeeves launches venture capital alternative for startups
The New York-based FinTech startup Jeeves has launched a non-dilutive alternative to venture capital specifically tailored…
Ritual lays off 16 percent of staff to “prepare for a recession”
As prospect of recession looms amid rising inflation, Ritual has laid off 23 employees.
R|T: The Retail Times – Swyft cuts, lightning-fast acquisitions
Plus: Rohlik bags $231M as market cools on food delivery startups.
Sagard hits $400 million CAD goal for private equity fund
Firm plans to continue raising capital for the fund.
MaRS, KPMG Canada partner to launch Climate Impact Accelerator
The accelerator aims to connect corporations with cleantech startups to advance climate innovation.