Helika closes $10.8-million CAD Series A for Web3 gaming analytics platform
Following success in North America and Europe, Helika wants to expand to the Asia-Pacific market.
toronto
As crypto market bounces back, Balance reachieves $2 billion in assets under custody
Balance relocated its headquarters from Toronto to Calgary at the end of January.
H|T: The Healthtech Times – Healwell CEO dishes on evolution from clinics to AI
Plus: Newfoundland wants to be a biotech hub.
R|T: The Retail Times – Dax Dasilva returns as Lightspeed CEO, Shopify drops on strong earnings
Plus: Investors fooled by Lyft typo.
Ontario companies receiving $17.2 million in federal funding to commercialize quantum solutions
Xanadu, High Q, ProteinQure among companies receiving funding.
BC’s tech companies stand out in 2024 TSX Venture 50 list
Tech companies surged on the TSXV, with an average share price growth of 178 percent.
Golden Ventures closes nearly $140 million CAD for fifth seed-stage VC fund
Despite a tough market, Golden remains “long Canada” with strong support from existing LPs.
A|I: The AI Times – OpenAI debuts Sora, a hyper-realistic text-to-video generator
Plus: How Vector Institute is reversing Canada’s AI brain drain.
Y Combinator and Yoshua Bengio-backed Armilla AI secures $6 million CAD in new funding
Armilla says its AI model warranty could have covered Air Canada’s chatbot snafu.
S|W: The SaaS Weekly – Prodigy’s got a new plan, a new CFO, and a leaner team to boost growth
Plus: It’s getting (slightly) easier to sell software.
1Password acquires Boston-based device security platform Kolide
Following the deal, CEO Jeff Shiner said 1Password expects to add 250 new positions in 2024.
Round13 Digital Asset Fund claims over 40 percent gains despite tough crypto market
Toronto fund says mix of digital assets, crypto VC has fuelled strong early returns.
F|T: The FinTech Times – Float expands with $50M debt financing from SVB
Plus: What a crumbling Brex says about the FinTech sector.
Love troubles? There’s an AI chatbot for that.
Plus: #CDNtech startups pivot and refocus in 2024.
Think Research to be acquired by lender Beedie Capital
The deal offers “the best available path forward” for the healthtech firm.