Meet the five Canadian startups participating in Y Combinator’s Summer 2022 Demo Day
Smallest #CDNtech group since Winter 2019 features four Toronto companies and one from Edmonton.
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S|W: The SaaS Weekly – 1Password shuffles C-suite as Snap lays off 20% of employees
Plus: Snap lays off 20% of employees.
Adam Nanjee departs Microsoft for Startups to lead venture capital in Canada for Amazon Web Services
Nanjee previously led the launch of Microsoft for Startups in Canada.
FreshBooks appoints Wayne Jackson as CFO to support global expansion, M&A plans
FreshBooks aims to tap Jackson’s acquisition and public markets experience.
Telus acquires TSX-listed HR tech firm LifeWorks for $2.3 billion CAD
Telus acquires LifeWorks to bolster its employee wellness solutions.
H|T: The Healthtech Times – Vitalik Buterin gives financial boost to 🇨🇦 doctors tracking carbon dioxide levels
Plus: The many hurdles life sciences startups must overcome to commercialize.
WonderFi to acquire Blockchain Foundry in all-stock deal
WonderFi continues acquisition spree of Canadian crypto companies.
Information VP, National Bank invest in US FinTech FX HedgePool’s $8 million Series A round
FX HedgePool secures support from a pair of Canadian VCs.
Ripple Ventures promotes Dominic Lau to partner as it preps for next fund
Ripple’s first hire, Lau founded firm’s startup and investor fellowship program.
Thoughtwire, Finaeo make staff cuts as Canadian tech continues to face economic headwinds
Both companies are staying mum on the number of employees cut.
Supply chain analytics SaaS startup Lytica secures over $13 million in Series A round
Lytica uses AI to help companies reduce costs and mitigate risks in their supply chain.
Essential Accessibility merges with Level Access to combine accessibility solutions
The combined firm will be based in the US, retaining offices in Toronto and Argentina.
Five months in, details on Canada’s new Innovation and Investment Agency remain sparse
What’s the feds’ plan? Only Dan Breznitz seems to know.
A|I: The AI Times – AI companies secure massive funding despite economic downturn
Plus: D-Wave, Coveo, Canada Drives among companies receiving collective $50 million for Scale AI projects.
Google selects Canadian startups Node, Beam.city, HumanSquad for third Black Founders accelerator
All three startups hail from Toronto and have worked with the DMZ.