Platform Calgary opens applications for Calgary Fintech Awards
Participating startups get a chance to win up to $250,000.
toronto
H|T: The Healthtech Times – Zymeworks has the blues
Plus: Think Research to continue acquisition spree with new $25 million credit facility.
Validere acquires Clairifi to offer regulatory reporting capabilities for oil and gas firms
Validere wants to drill ESG compliance into energy companies with Clairifi acquisition.
Playmaker acquires New York-based sports media company The Sports Drop
Playmaker continues sports media acquisitions spree.
R|T: The Retail Times – Amazon jabs at Shopify
Plus: Shipfusion secures $51.2 million CAD to expand warehouse network to Dallas, New Jersey.
CFIN, Ontario Genomics reveal winners of cumulative $900,000 for food innovation research
Winners aim to replicate the taste, feel, and smell of meat without any meat.
Q4 Inc. records 23 percent YoY revenue growth, halves net losses in Q1 2022 earnings
CEO attributes Q4’s strong Q1 to tech investments, focus on existing customers.
PayTic raises $2.95 million to help banks, credit unions centralize program management
PayTic wants to remove Excel spreadsheets from payment reconciliation.
Tailscale closes $128 million CAD Series B to scale VPN service, amass more developer evangelists
Amid a sea of top-down network security solutions, Tailscale’s bottom-up approach is paying dividends.
A|I: The AI Times – Lemieux hits the bench(sci)
Plus: Anthropic’s quest for better, more explainable AI attracts $580M.
Untether AI secures $1 million for partnership with General Motors
Untether and General Motors on a mission to help cars see better using AI.
S|W: The SaaS Weekly – Global rules for the internet?
Plus: Inside Twitter, Fears That Musk’s Views Will Revisit Past Troubles.
Think Research posts record 438 percent revenue increase in Q4 2021 following acquisitions
Think Research saw 178 percent YoY rise in revenue, nearly tripled net loss last year.
Cyno secures $2.3 million seed round to bolster virtual care for employees
Cyno users can choose between individual or group health services.
Canadian startup news of the week (5/01/22)
Plus: Bonsai lays off a third of employees shortly after $21 million Series A, citing shift to growth strategy.