AutoLeap gears up for growth with $40 million CAD Series B
As a recession looms, AutoLeap and the car repair shops it serves stand to benefit.
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F|T: The FinTech Times – Canadian crypto’s Bizarre Love Triangle ends in three-way merger
Plus: Bob Lee, creator of Cash App, stabbed to death.
BetaKit’s most-read March stories show #CDNtech sector struggles continue as government innovation promises continue to lag
SVB’s collapse kicked off a month that included new layoffs, bankruptcies, and AI disruptions.
Magnet Forensics to delist from TSX as $1.8 billion merger deal closes
Magnet Forensics acquisition closes following opposition to the deal.
Canadian startup news of the week (4/9/23)
Plus: Canadian crypto’s Bizarre Love Triangle.
Was RenoRun abandoned by investors or just another mannequin startup?
Ripple Ventures’ Matt Cohen joins to unpack the complicated spot Canadian startups find themselves in.
H|T: The Healthtech Times – BC researchers have an AI model that predicts cancer survival rates
Plus: Toronto’s Hypercare sole Canadian startup selected for AWS healthcare
High performance computing platform Agnostiq closes $8.22 million CAD seed extension
The startup received $2 million USD in seed funding in 2021.
Meet the Canadian startups participating in Y Combinator’s Winter 2023 Demo Day
A total of 282 companies participated globally.
Unreserved dismisses portion of $25 million lawsuit against real estate associations as new regulations for open bidding expected
The lawsuit remains active against the Ottawa Real Estate Board.
Saskatoon-based Fidu places third at American Bar Association pitch competition
It was among five Canadian startups to be named as finalists for the pitch competition.
VCCI-backed Kensington Capital Partners secures $158 million first close for third venture fund
Kensington becomes first VCCI-supported fund of funds to announce it has closed financing.
S|W: The SaaS Weekly – RenoRun’s “Hail Mary” deals fail to save it from creditor protection
Plus: 2023 Federal budget focuses on cleantech.
Felix expands into more complex categories of care following $18 million Series B
Healthtech startup targets moves into Québec, weight loss, therapy.
A|I: The AI Times – Sam Altman isn’t worried—but Yoshua Bengio is
Plus: Italian privacy regulator bans ChatGPT.