Bell to acquire Montréal cloud services provider FX Innovation
Bell posted an 88 percent decline in free cash flow since the first quarter of 2022.
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Diagram Ventures closes $100-million for latest fund as it continues to bet on FinTech
For the first time, Diagram will also invest in companies it doesnât have a hand in creating.
R|T: The Retail Times – Amazon begins more layoffs as Shopify employees brace for same
Plus: Walmart using AI to negotiate with vendors.
1Password CEO calls Googleâs move to passkeys âtipping pointâ for eliminating passwords
1Password is on a mission to lead the shift from traditional passwords to passkeys.
Startup Montréal awards $400,000 to startups as FounderFuel reveals first revamped accelerator cohort
Both programs award seed funding and mentorship support to tech founders.
S|W: The SaaS Weekly â Inside the Salesforce slowdown
Plus: After Canadian pilot, Google expands cloud accelerator to US startups.
Shopify backs Nigeria-based FinTech Nomba in $30 million round
Nomba provides payments and banking tools for businesses.
The DMZ awards $35,000 to Black-led startups Blue Guardian, Gia Health, Scooli
The DMZ downsized its prize money after handing out $50,000 last year.
BlackBerry considering breaking up its businesses to improve revenue, cash flow
BlackBerryâs year-over-year revenue declined by 18 percent.
BrainBox AI acquires ABB technology in its mission to reduce greenhouse gas emissions in buildings
Québec government and ABB invest $27 million CAD to aid BrainBox AI help retailers use less energy.
F|T: The FinTech Times – Super and Neo evolve, Pillar and Billi shut down
Plus: Revolutâs valuation troubles signal a stormy horizon for less-profitable neobanks.
“Godfather of deep learning” Geoffrey Hinton quits Google to warn against dangers of AI
Hinton left his decade-long tenure at Google to speak openly about new AI fears.
Odaia closes $34 million CAD Series B to fix âbottleneckâ in drug delivery process
Roster of big pharma clients helped Odaia nab latest funding round.
Canadian startup news of the week (4/30/23)
Plus: OneEleven reborn, Neo Financial embedded, Pillar & Billi ended.
Three FinTechs hiring experienced software developers in Canada
Mid-level and management software development positions are open across Canada.