Long-time VP and product leader Satish Kanwar departs Shopify
Kanwar steps down 10 years after Shopify’s Jet Cooper acquisition.
toronto
Practice Better acquires That Clean Life for a healthy-sounding eight figures to continue expansion
An eight-year collaboration has ended in acquisition for the two Toronto healthtech startups.
S|W: The SaaS Weekly – What is Reddit CEO Steve Huffman doing?
Plus: Constellation Software acquires Optimal Blue, Vitruvi acquired by Bow River Capital.
Ontario organizations secure nearly $20 million in federal funds to drive entrepreneurship, job creation
Funding is split between five companies and one business hub in Toronto, as well as one Ottawa-based firm.
Impact of Canada’s H-1B visa talent grab may go well beyond 10,000 applicants
Taking aim at “broken” US visa program was “best marketing Canada has ever done”: lawyer.
Liberum raises $1.8 million for ‘protein synthesis as a service’
The Toronto-based startup creates custom proteins for everything from medical applications to household products.
Québec venture funding maintained upward trajectory in Q2 2023
Investment in the region grew by 42 percent from Q1 2023, and 81 percent year-over-year.
F|T: The FinTech Times – Backers buy back Clearco’s debt amid SVB Canada windup
Plus: Hutsy takes home two wins at Startupfest.
These two Canadian cities added 115,000 tech jobs in the last five years
Plus: BC and Toronto venture funding bounced back in Q2 2023.
H|T: The Healthtech Times – Recursion secures $50M from Nvidia following Canadian drug-discovery acquisitions
Plus: Ditch Labs wants to treat nicotine addiction with tech.
Canada’s private tech firms gather to talk AI, growth, global appeal
Steve Wozniak tells Canadian Private Technology Conference to find “reasonable ways” to deal with AI.
R|T: The Retail Times – Shopify wants to give you an AI Sidekick
Plus: Sampler acquires Admass’s tech to integrate UGC and AI into platform.
Bold Commerce reveals product that allows retailers to add checkouts to video and email
CEO says Checkout Unleashed eliminates “middleman” product pages.
Cohere secures strategic investment from SAP as enterprise demand for generative AI grows
Toronto-based Cohere has also partnered with McKinsey.
A|I: The AI Times – FTC investigates OpenAI as Elon Musk launches competitor
Plus: Shopify teases AI assistant for entrepreneurs, Sidekick.