StoreToDoor secures $1.25 million to take same-day delivery service to new markets
After spending years running his own restaurants, Scott Love wants to help other retailers deliver goods.
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Market watch: Nuvei, VerticalScope, Magnet Forensics
Nuvei posts strong Q4, 2021 earnings as VerticalScope, Magnet see mixed results.
UofT spinout Halt AI launches tool to measure brands’ diversity across social media
Halt AI’s co-founders previously worked at AR beauty tech firm ModiFace.
Ontario commits $25 million as Canadarm3 manufacturer MDA creates $100 million space robotics centre
MDA combines space robotics with automation and artificial intelligence.
Portage Ventures closes $788.5 million CAD for third FinTech fund
Portage claims the early stage FinTech fund is one of the largest in the world.
Bioscience startup Mikra secures $8.5 million CAD to launch its nutraceutical gel
Mikra claims its product will help boost energy and mental focus on a cellular level.
Somm acquires last-minute restaurant reservation app Dinr to move beyond wine recommendation
Somm describes Dinr deal as “part of a bigger vision” for the wine-focused startup.
R|T: The Retail Times – Shopify doubles down on its compensation approach
Plus: Amazon is shutting 68 retail stores, ending Amazon Books, 4-star and Pop Up shops.
DealMaker acquires Ridge Growth Agency to bolster capital raising platform
Ridge brings DealMaker closer to becoming a “one-stop-shop” for raising capital.
A|I: The AI Times – Two astronauts join the mission to build human-like robots
Plus: This is the reason Demis Hassabis started DeepMind.
Led by Serena Williams’ venture fund, Calico closes $2.6 million CAD to help D2C fashion brands manage their supply chain
Calico’s founder is building the tool she wishes she had for her own D2C brands.
Key raises $11 million to pilot home co-ownership platform in new Canadian, US markets
Key claims a waitlist of nearly 5,000 people for its service.
iRestify closes $6 million to bring building maintenance solution to the US
This is iRestify’s third seed round in four years, following a series of pivots.
S|W: The SaaS Weekly – Margaret Atwood dances to Disco
Plus: Amazon’s Twitch suffers exodus of executives amid strategy fight.
Quantum Algorithms Institute, Xanadu team up to increase talent pipeline in quantum computing
Xanadu also announced a partnership with semiconductor manufacturer GlobalFoundries.