H|T: The Healthtech Times – Zymeworks dodging Dubai bids
Plus: Well Health Technologies posts record Q1 revenue.
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Principal to Partner: Éléonore Jarry-Ferron, Pablo Srugo get promoted at Brightspark, Mistral
Jarry, Srugo, and two others co-founded VCHOURS in 2020 to support startups during the pandemic.
Canadian innovators wonder what proposed SR&ED review will accomplish
Some think it’s time for a SR&ED overhaul, but what’s a review going to do?
R|T: The Retail Times – Shopify is testing Shop Cash
Plus: Lightspeed sees a path to profitability.
WeCook raises $40 million to fuel expansion of “ready-to-eat” meal service
Financing from Claridge fund focused on supporting Québec food processing firms.
A|I: The AI Times – Xanadu’s quantum computer
Plus: Five Canadian startups crack CB Insights’ 2022 AI 100 list
Led by former Shopify executive, on-demand delivery service Trexity raises $5 million for Canadian expansion
Trexity helped pioneer a subscription delivery service for Kettleman’s Bagel.
Unbounce expands leadership team with addition of Indochino, RBC Ventures, Mapbox alums
Startup adds CMO, CPO, and VP of engineering for “next phase of growth.”
S|W: The SaaS Weekly – Canadian-led Imply’s “multi-billion dollar opportunity.”
Plus: A timeline of Elon Musk’s takeover of Twitter
Gig economy banking app Moves raises $5 million in OMERS-led seed round
Moves wants to make the gig economy work for its workers.
Canadian startup news of the week (5/23/22)
Plus: Round13 launches new Web3 fund with initial $70 million USD.
Three marketing roles hiring right now
Descartes, Yorkville University, and Manifest Climate are hiring marketing roles right now.
Converge Technology Solutions to acquire San Diego-based Technology Integration Group
Technology Integration marks Converge’s 31st acquisition since 2017.
H|T: The Healthtech Times – Canadian healthtech stocks struggle to please shareholders
Plus: Peloton’s earnings are even worse than expected.
Haloo raises $2.9 million CAD to offer IP verification tech as solution for NFT theft, fraud
Haloo sees a rise in NFT-related applications for trademarks.