PSG makes investment in Hostaway to expand its vacation-rental software amid travel rebound
Sources indicate PSG took majority ownership of Hostaway as part of the deal.
toronto
A|I: The AI Times – AbCellera and BenchSci secure big funding
Plus: Ex-OpenAI execs raise $450 million for rival Anthropic.
Geoffrey Hinton, Yoshua Bengio warn ârisk of extinction from AIâ in public letter
Signatories include OpenAIâs Sam Altman, Vector Institute and Mila researchers, and musician Grimes.
Ex-Panache, ScaleUp partners team up to launch new early-stage VC fund CMD Capital
As funding has dried up, David Dufresne and Matt Roberts say they plan to lead and price early-stage rounds.
S|W: The SaaS Weekly â Microsoft launches Fabric, mCloud looks to go private
Plus: Novisto closes $27-million Series B.
F|T: The FinTech Times – Now in Canada: Hiive’s VC secondary trading platform
Plus: QED closes on $925M to back FinTech startups globally.
Canadian startup news of the week (5/28/23)
Plus: Whatâs on the table for Alberta’s tech sector this election?
Three SaaS companies hiring software developers in Canada
Autodesk, Ceridian, and Opentext are looking to hire software developers in Canada.
Cognosys raises $2-million seed round to create AI personal assistants
Vancouver startup attracts prominent investors, including Google Ventures, Cohere
Wingmate secures $1 million CAD to market and sell its lead-generation app for frontline staff
Wingmate aims to make âsales and service a team sport,â giving incentives to field staff to chase down leads.
R|T: The Retail Times – Shopify touts checkout conversion rates, ranks merchants
Plus: Lightspeed Commerce recovers from tough third quarter.
H|T: The Healthtech Times – FTC signals tougher rules for health companies’ use of data
Plus: MCI OneHealth divests five Calgary clinics to Well Health for $2 million.
Spellbook, formerly Rally, raises $10.9 million to automate legal contracts using generative AI
The company is rebranding as part of a new focus on its AI tool and strategy.
BenchSci closes $95-million CAD Series D to expand AI drug-discovery platform
BenchSci aims to help pharma companies speed up R&D using AI.
A|I: The AI Times – OpenAIâs Sam Altman says this Canadian city should become a hub for AI
Plus: ServiceNow commits $1 billion to AI-based enterprise startups.