Jombone secures $1 million from FedDev to address industrial staffing needs
With this funding, Jombone wants to adapt its platform for the US market.
toronto
Loopio makes âdifficult decisionâ to lay off nine percent of its team
The Toronto-based software startup made its first acquisition in May.
PitchBook analysts say 2023 VC funding is âpretty much shot,â long-term recovery appears likely
PitchBook analyst: âItâs not going to be a six-month turnaround.â
R|T: The Retail Times – Shopify is in a “fight” with CRA over merchant records
Plus: Alibaba surprises with chairman and CEO replacement.
Vector Institute, Ontario Centre of Innovation secure combined $77-million provincial funding
OCI received $50 million from Ontarioâs $107-million Critical Technology Initiative.
Shipping container marketplace Boxhub raises $12.4 million for global expansion
Boxhub said it has become popular with people making tiny houses and vertical farms.
AWS, NVIDIA launch global FinTech accelerator for seed-stage startups
The accelerator aims to help FinTech companies using AI and machine learning in financial services.
A|I: The AI Times – Can QuĂ©becâs Quantum Innovation Zone fill Canada’s D-Wave-sized hole?
Plus: AWS investing $100 million in generative AI center.
Canadian-led, California-based Joyful Ventures closes $23 million USD to back sustainable protein startups
Joyful has backed two firms with Canadian roots: New School Foods and Orbillion Bio.
S|W: The SaaS Weekly â Adobe-Figma deal under threat as IBM nears $5B Apptio deal
Plus: Poka to be acquired in reported $200M deal.
Financeit acquires consumer-loans competitor Simply Group Financial
The deal is estimated to be worth between $175-million and $225 million.
Canadian startups Oncoustics, OneCup AI among Googleâs first North America-wide cloud accelerator cohort
Google piloted the cloud accelerator in Canada, then extended it to US startups this year.
F|T: The FinTech Times – Neo launches secured credit card, Robinhood acquires credit card startup
Plus: David Dodge says Canada’s open banking complacency due to “lack of political will.”
Québec bolsters quantum footprint as semiconductor industry forms advocacy group
Plus: Angel investment in Canada mirrored VC dip in 2022.
H|T: The Healthtech Times – Canada’s latest big biotech exit
Plus: Google Lens can now search for skin conditions.