Portage Ventures rolls out new late-stage FinTech fund, aims to raise up to $1 billion USD
Amid downturn, Portage sees chance to fund FinTech firms reluctant to take valuation hit.
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Four Canadian companies selected for inaugural CB Insights Advanced Manufacturing 50 list
BenchSci, Vention among Canadian startups in the list.
Stadium Live scores $12.8 million CAD Series A to engage Gen Z sports fans
Stadium Live aims to build the âspatial version of Discord.â
Fable raises $8.4 million CAD Series A to fuel move beyond tableware
Fable wants to sell âall the little items ⊠that make a house a home.â
R|T: The Retail Times – Shopify presses play on YouTube, Lightspeed pairs well with OpenTable
Plus: Unreserved files $25 million lawsuit against real estate associations.
Coinsquare lays off 24 percent of staff amid turbulent crypto market, shifted focus to regulation
The cuts follow hiring sprees that took place across the crypto space last year.
Montréal-founded QueerTech wants to expand its 2SLGBTQIA+ events across Canada
72 percent of QueerTech’s 7,600-plus members come from outside MontrĂ©al.
A|I: The AI Times – A giant wave of machine-learning acquisitions
Plus: Stradigi.ai says it’s still alive.
Accenture continues Canadian tech acquisition spree with Solvera Solutions, Eclipse Automation
Accenture has acquired six Canadian companies since 2020.
Shopify laying off 10 percent of staff
LĂŒtke: “Itâs now clear that bet didnât pay off.”
S|W: The SaaS Weekly â Introhive cuts staff, Contentsquare goes mammoth
Plus: Netflix coming to Vancouver with new acquisition.
GreenCentre Canada secures over $2.5 million from FedDev Ontario to launch cleantech accelerator program
Waterloo-based ALT TEX, Material Futures among startups selected to join the program.
Crypto custodian Balance completes SOC 2 audit to increase customer confidence
Balance joins growing list of crypto firms becoming SOC compliant.
F|T: The FinTech Times – The bottom fell out of Canadian FinTech
Plus: Former Coinbase manager arrested for insider trading.
Canadian startup news of the week (7/24/22)
Plus: Shopify presses play on YouTube, Lightspeed pairs well with OpenTable.