Why Round13 Capital is betting on venture debt
Following unsuccessful bid for SVB Canada’s assets, Round13 wants to target underfunded startups with TIMIA.
toronto
Hostaway announces $365 million USD from US investors to fuel European expansion and AI plans
Vacation-rental software firm’s latest round comes shortly after its Toronto-based CEO moved to Poland.
Realize Capital Partners reveals second round of support for impact-focused funds
Backed by Social Finance Fund, Realize’s latest investments include Amplify, Misfit, and Thrive Impact.
Liberals’ Fall Economic Statement contains more promises to Canadian tech
Plus: Geoffrey Hinton receives his Nobel Prize, delivers a warning.
Feds announce VCCI renewal, SR&ED and pension fund changes ahead of Fall Economic Statement
SR&ED expands eligibility while pension fund investment incentives get sweetened.
Paystone to acquire fellow payments processor Ackroo for $21 million
The last time Ackroo stock was valued at the purchase price of $0.15 per share was November 2021.
The Canadian Space Mining Corporation thinks it can put a nuclear reactor on the moon by 2029
Company has signed an MOU to licence SLOWPOKE-2, a Canadian-made reactor that could power future lunar operations.
Absorb to acquire Together in bid to bring mentorship to its learning software
Calgary firm to absorb Together to provide more “comprehensive learning solution.”
Meet the Canadians shaping Uber’s global vision
Canadians are leading global teams at Uber from Toronto, the UK, and the Valley.
Cookin acquired by US-based, fellow chef-made meal delivery startup CookUnity
CookUnity eyes Canadian expansion starting with Toronto in 2025.
Geoffrey Hinton decries tech companies chasing “short-term profits” in Nobel Prize acceptance speech
British-Canadian calls for “urgent and forceful attention” to combat AI safety risks at Stockholm ceremony.
Cyder closes $1.5 million to fuel launch of loyalty platform for credit unions
FinTech startup’s backers include MaRS IAF, Aperture, Desjardins, Arlene Dickinson.
Foreign and domestic AI with Tenstorrent and Cohere
Plus: Canada Post strike didn’t slow Shopify’s BFCM weekend.
Lessons in leadership, hiring, and AI from SAAS NORTH 2024
Also discussed: how to make leather from mushrooms. SAAS NORTH 2024 was crazy.
Benevity reports over $140 million donated through its platform this Giving Tuesday
Calgary company sees dip in total donations, but rise in volunteering compared to 2023.