toronto | BetaKit

Bagel Network closes $4.18 million CAD for machine learning data network

Startup aims to help teams train AI models on better data.

Plus: PointClickCare’s acquisition spree continues with US healthtech company.

With Fund I, Toronto’s CBIV targets both market returns and impact.

Plus: GoDaddy launches payment processing and terminal in Canada.

Emerge Commerce originally acquired the online pet supply wholesaler in 2021.

The legaltech’s generative AI offering aims to help lawyers review and draft contracts.

This will be the first CIX since acquisition by Elevate in September 2023.

Plus: Cohere investor Thomvest Ventures closes $250M fund.

Selected companies will receive up to $200,000 in grant, dilutive funding.

Deal positions Nest Wealth for expansion in EMEA.

Plus: 7shifts cuts 19 percent of staff in new layoffs to start 2024.

ArcTern’s LPs include TD, CPPIB, Allianz, OPTrust, Church Pension Group, and Credit Suisse.

With new partnership, US payments giant and investor build on existing relationship.

Plus: Crypto is beanie babies, Coinbase says.

1Password, Trulioo, Shopify are all looking to beef up their sales teams.