F|T: The FinTech Times – Super and Neo evolve, Pillar and Billi shut down
Plus: Revolut’s valuation troubles signal a stormy horizon for less-profitable neobanks.
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“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 “bottleneck” 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.
Reddit says Canada one of its largest and most key markets globally
Canada represents Reddit’s third-largest market after the US and UK.
Practice Better raises $27 million USD to grow client management software for wellness providers
Practice Better claims to have more than 10,000 customers in more than 70 countries.
Well Health looks to invest $2.5 million into AI companies developing healthcare solutions
Well aims to make at least 10 investments of at least $250,000 each.
R|T: The Retail Times – Shopify goes ‘stealth spear-fishing’ for tech talent
Plus: General Assembly sells its frozen pizza business.
How Super raised $85 million USD after rebranding from Snapcommerce
Snap, now “Super,” raised funding from execs at Shopify, Ancestry, Substack.
Federal government names six funds to distribute $50 million VCCI life science financing
Pender Ventures, Amplitude Ventures among recipients.
Vivid Machines raises $5.8 million CAD to help growers virtually monitor fruit trees
Toronto startup uses imaging and AI to monitor crop production.
Thales to build cybersecurity hub, hire 110 people in Fredericton with government funding
The hub will also house Thales’ North American cybersecurity centre.
Inside the reborn OneEleven
Less than two years after the Toronto tech hub’s sudden closure and reopening, its managing director says the “turnaround…
Flash Forest raises $11.4 million CAD to support reforestation using drones and AI
Manual reforestation can be labour-intensive, but this startup claims it can be done in a flash.