Mercator AI raises $1 million CAD to fuel North American expansion
Startup uses AI to generate early leads on construction projects for general contractors.
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F|T: The FinTech Times – Crypto abandons Collision
Plus: Jeeves launches venture capital alternative for startups.
Canadian startup news of the week (6/26/22)
Plus: Faire, ApplyBoard, 1Password says downturn won’t slow growth.
#CollisionConf AMA: a tech downturn vibe check
Our voices may have dropped a few octaves.
Jeeves launches venture capital alternative for startups
The New York-based FinTech startup Jeeves has launched a non-dilutive alternative to venture capital specifically tailored…
Hyatt brothers’ BlueCat to be acquired by another US private equity firm
Audax purchasing Toronto-based BlueCat from Madison Dearborn.
After raising over $1 billion USD in the last year, Faire CTO says startup is poised for growth during market downturn
Despite present conditions, Faire hasn’t paused or slowed hiring, or made any layoffs.
H|T: The Healthtech Times – Telus to buy LifeWorks for $2.3B
Plus: Residents say China used health tracker for crowd control.
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