A|I: The AI Times – The AI that makes you money
Plus: Future Fertility raises $7.6 million CAD to build AI-powered IVF solutions.
toronto
2048 Ventures bags $67 million USD Fund II for Canada, US investments
The VC invests in emerging markets outside of Silicon Valley, including Canada.
Maropost acquires Australia’s Retail Express in $50 million CAD deal
The deal marks Maropost’s second acquisition to date.
XMachina AI acquires Bain Public in its second acquisition since forming in mid-2021
XMachina specializes in AI acquisitions, and is preparing for an IPO.
13 Canadian companies crack 2022 Global Cleantech 100
BC accounts for over half of the Canadian cleantech startups listed.
H|T: The Healthtech Times – Michael Serbinis joins Canada’s League of unicorns
Plus: The Elizabeth Holmes verdict.
Ryan Holmes, Manny Padda-led LOI Venture secures more than one-third of $20 million target in first close
Newly announced LPs include Dapper Labs and Clearco founders.
Boosted.ai raises $43.7 million CAD to scale AI platform for investment managers
Boosted.ai claims $57.4 million CAD in total funding to date.
Unreserved closes $33 million seed round to build property auction platform
E Inc founder aims to apply car auction model to homes.
FundThrough acquires invoice financing business from Silicon Valley’s BlueVine
The purchase doubles FundThrough’s US customer base.
Maple acquires Wello to expand employee healthcare business
Wello’s 350 customers include Fortune 100 companies
Vendasta makes second acquisition after dashed IPO plans, venture round
The company chose a $119.5 million venture round over an IPO in May.
Telus Health launches virtual pharmacy service nationally
The new service represents Telus Health’s latest move into the digital healthcare space.
Y Combinator boosts size of standard deal to $500,000 USD
The move stands to impact the growing number of Canadian startups joining YC.
Future Fertility secures $7.6 million CAD for AI-powered in vitro fertilization
The Toronto company is part of a growing wave of fertility-focused tech startups.