Forma.ai’s first acquisition nets fellow Toronto sales software startup SeaMonster
With SeaMonster, Forma.ai aims to help companies provide activity-based sales incentives.
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A|I: The AI Times – The Toronto startup using quantum chemistry to clean the world’s water
Plus: Vector awards $2 million in AI scholarships for top Ontario graduate students.
R|T: The Retail Times – South Korean retail unicorn to set roots in Toronto
Plus: Shopify’s Tobi Lütke headlines BetaKit Town Hall.
South Korea’s neighbourhood buy-and-sell app Karrot hits one million Canadian users, builds Toronto tech hub
Karrot aims to expand North American presence with Ritual, GoodGood co-founder Robert Kim.
Pinterest is on a Toronto hiring spree to scoop up AI talent
CTO Jeremy King says company aims to use AI and ML to make Pinterest more “shoppable.”
H|T: The Healthtech Times – Toronto biotech secures $2.2M to treat immune diseases
Plus: Healthcare startup Tempus preps for IPO.
As Techstars makes changes, the future of its Toronto accelerator is uncertain
Techstars Toronto has paused applications with leader Sunil Sharma transitioning away.
Visa Canada, Plug and Play host Toronto FinTech Innovation Showcase to spotlight Canadian startup ecosystem
Visa-backed event part of a new initiative to support Canadian FinTech.
S|W: The SaaS Weekly – Toronto trio of tech firms shed jobs a second time
Plus: Antitrust regulations dampen deals and Meta’s paying dividends.
Toronto software companies Top Hat, Loopio, Wattpad make layoffs
Trio downsizes for second time in past year as tech cuts continue into 2024.
Vancouver, Toronto-Waterloo, Calgary among the top 50 global cleantech ecosystems
Atlantic Canada ranks third in top North American oceantech startup ecosystems.
Techstars Toronto celebrates 100 direct investments as an accelerator
The organization is also welcoming an even mix of Canadian and international companies to its 2023 class.
Xanadu, Toronto Metropolitan University to develop quantum computing educational program
Students will learn and work with Xanadu’s software framework PennyLane.
Venture funding in Toronto, British Columbia rebounds in second quarter of 2023
Capital converges on a select few winners as Toronto and BC megadeals make a comeback.
Toronto and Montréal added the most tech jobs in Canada in the last five years: Report
Ottawa’s tech talent concentration is higher than San Francisco’s Bay Area, CBRE says.