S|W: The SaaS Weekly ā Verified trolls cut Musk’s work out for him
Plus: 1Password prepares for the passwordless future.
toronto
Cyclica receives $2.4 million CAD grant from Bill & Melinda Gates Foundation
The grant is helping develop new, hormone-free contraceptives.
FreshBooks, Plusgrade, Day & Ross among six Scale AI projects to receive $25 million
Funded projects vary in applications, from the travel industry to accounting.
Tech4SickKids raises almost $51,000 in second annual virtual auction
The campaign has raised $9 million of its $25 million goal.
How Poseidon Ocean Systems pivoted internationally when domestic opportunity dried up
Poseidon Ocean Systems found a way to commercialize new technology globally during the COVID-19 pandemic.
H|T: The Healthtech Times – OnCall & AeroDPC acquired, HealthJoy fundraises
Plus: Modernizing Medicine to pay $45M to resolve False Claims Act allegations.
R|T: The Retail Times – TouchBistro secures big funding amid looming recession
Plus: AirBnB records record revenue.
Xero appoints Canadian native Sukhinder Singh Cassidy as new CEO
Xeroās newest leader had exec positions at Google, Stubhub, Polyvore.
With Passage acquisition 1Password prepares to battle tech giants for passwordless future
Acquisitions, exec turnover, and new tech mark transition period for 1Password. CEO Jeff Shiner sounds ready.
A|I: The AI Times – Inside Google’s commitment to QuĆ©bec tech
Plus: TuSimple fires its CEO amid federal probes.
Customer experience platform Alida secures $60 million USD credit facility
With a new Edmonton office, Alida sets sights on the rest of North America and beyond.
Xanadu closes $100 million USD Series C as quantum computing firm becomes Canadaās latest unicorn
Xanadu wants to bring the first commercially available quantum computers to market.
Meta mass layoffs hit Canada less than a year after major expansion plans
Canadian teams affected include client relations, human resources, among others.
As demand booms and recession looms, Busbud acquires fellow Canadian travel tech startup Betterez
After partnering up for years, Busbud has brought Betterezās back office platform for transit players in-house.
S|W: The SaaS Weekly ā Elon had one hell of a first week at Twitter
Plus: 1Password acquires Texas-based Passage to fuel push into passkeys.