toronto | BetaKit

Humi co-founder’s nuclear power venture closes $27-million USD Series A

Aalo Atomics, led by Matt Loszak, wants to reduce the cost of nuclear energy.

Maple VC-backed, Canadian-founded startup is targeting the Caribbean market to start.

Portfolio includes Active Impact, BKR, Cycle H2O, InvestEco, Raven, Renewal, Sandpiper, Spring, The51.

Startup’s devices use fluorescent light to spot elevated bacteria levels in wounds.

Price was not disclosed, but deal to acquire Trader Corporation is expected to close in Q4 2024.

Convictional, Stocksy, Sernova, and more also bring on new CEOs.

Plus: Paper cuts, Radical raises, and ezBtc caught gambling.

Documents show digital product sampling startup has nearly $13 million in liabilities.

Founder and CEO Hamed Shahbazi said spin out will unlock “significant shareholder value.”

New fund marks Toronto-based Radical’s first that focuses on later-stage AI companies.

IRCC chooses not to renew contracts with industry associations responsible for vetting SUV delivery organizations.

Mehrdad succeeds Mark Greenberg, who was recently promoted to a new global role.

The board shakeup follows Bitfarms adopting a second ‘poison pill’ after its first was struck down.

Nord Quantique, Mission Control, among project partners supported by the federally backed innovation cluster.

Plus: Vancouver says goodbye to INNOVATEwest after welcoming Web Summit.