Bench IQ raises $2.8 million CAD in pre-seed funding with buy-in from Maple VC, Haystack
The minds behind Ross Intelligence are back.
toronto
R|T: The Retail Times – Temu and Shein’s success = air freighters’ stress
Plus: Shopify’s green strategy gamble, DeliveryHero abandons Foodpanda sale talks.
Midjourney competitor Ideogram closes $80-million USD Series A as it launches latest text-to-image model
The fundraise comes just six months after its $22.3-million seed round.
Canadian-founded Power closes $16.3-million CAD Series A to connect patients with clinical trials
Power claims over 600,000 patients used Power to discover clinical trials last year.
With new president Sarah Miller Wright, Certn targets profitable growth over acquisitions
Following 2023 layoffs, Miller Wright must steer Certn’s global operations through a “transformation year.”
A|I: The AI Times – Nvidia rides the AI wave to a $2-trillion valuation
Plus: Yoshua Bengio calls for deepfake regulations.
QueerTech acquires accelerator Gradient Spaces to support more 2SLGBTQ+ tech workers
According to QueerTech, less than one percent of venture capital deals go to Queer entrepreneurs.
S|W: The SaaS Weekly – Reddit’s power users will get first dibs on its IPO
Plus: Golden Ventures talks success in closing fifth seed-stage VC fund.
Four Canadian companies selected to Comcast SportsTech Accelerator
Canada lead the pack with the highest number of companies in the global cohort.
Medical sharing platform Figure 1 acquired by Physician’s Weekly
Figure 1 has developed a platform for clinicians to discuss and share medical knowledge.
F|T: The FinTech Times – BC court upholds ban on crypto mining, Sequoia backpedals Klarna ousting
Plus: Capital One’s blockbuster acquisition to protect itself from FinTech.
Is AI Canada’s productivity saviour?
Plus: Late-stage VC funding continues to drop, but seed-stage is Golden.
After Ecobee, Stuart Lombard has no regrets
Ecobee’s ex-CEO and President on building consumer hardware in Canada and what comes next.
Helius raises $12.8 million CAD to help devs build blockchain apps on Solana
The Web3 startup was founded by former Coinbase and AWS software engineers.
Yoshua Bengio co-signs statement calling for new laws to combat deepfakes
One study cited a 3,000 percent increase in deepfake fraud last year.