H|T: The Healthtech Times – Telus to buy LifeWorks for $2.3B
Plus: Residents say China used health tracker for crowd control.
toronto
Ritual lays off 16 percent of staff to “prepare for a recession”
As prospect of recession looms amid rising inflation, Ritual has laid off 23 employees.
DOT Mind Unlock wins #CollisionConf 2022 startup pitch competition
DOT can measure people’s brainwave activity using headsets.
Flipp acquires digital savings content platform Reebee
As grocery prices spike, Flipp and Reebee consolidate to help more Canadians save money.
Vision Greens raises $7 million CAD for NASA vertical farming tech
The Welland farm wants to take a bite out of the $19 billion global vertical farming market.
R|T: The Retail Times – Swyft cuts, lightning-fast acquisitions
Plus: Rohlik bags $231M as market cools on food delivery startups.
Parallelz raises $3 million to challenge how app stores deliver, distribute apps
“Soon, sharing a mobile app will be as easy as sharing a meme.”
Twitter selects Canada as test market for new longform writing feature
When 280 characters isn’t enough, Twitter offers 2,500 words
Sagard hits $400 million CAD goal for private equity fund
Firm plans to continue raising capital for the fund.
Ataccama secures $150 million from Bain Capital’s Tech Opportunities Fund
The Toronto data management startup cuts ties with bootstrapping.
A|I: The AI Times – Did Google discover sentient AI or an employee violation?
Plus: UWaterloo quantum experts aim to help orgs with cybersecurity.
Autozen secures $5.1 million to expand car marketplace in Canada, US
Autozen has secured over $5.1 million in what it described as an oversubscribed seed round.
Impro.AI secures $2.25 million CAD to improve its AI-augmented corporate coaching solution
The Vancouver startup plans to add corporate mentoring next.
Autodesk alums close $5.3 million CAD to automate building design with Augmenta
Construction, real estate players have bought into Augmenta’s vision.
Potloc raises $35 million to expand social media sampling tech across North America, Europe
The consumer research startup claims to have surveyed 36 million people globally.