ventureLAB receives $4.5 million from feds to scale more hardware, semiconductor companies
The funding is aimed at supporting 30 companies and commercializing 25 new products.
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S|W: The SaaS Weekly – Exec turnover trend hits Top Hat and Alida
Plus: SAP faces hefty fines, Salesforce and Slack might be pausing tech/product hiring.
League Data acquires credit management software company Technicost from Co-operators
League Data is the technology partner for the Atlantic Credit Union System.
H|T: The Healthtech times – Custom Health to go public via SPAC at $185 million valuation
Plus: 23andMe says maybe you should’ve changed your password.
Requity Homes secures $26 million for rent-to-own platform as high interest rates loom over prospective homeowners
Requity aims to help renters become homeowners in markets outside of Toronto and Vancouver.
Clinia secures Series A funding, partnership with Telus Health to deploy its search tech
CEO says endorsement from Canada’s largest healthtech player gives Clinia “visa” it needs to catch big US fish.
CDPQ invests $136 million CAD into AppDirect financing program for tech advisors
Investment builds on initial $100 million AppDirect received from the pension fund in 2021.
Danielle Gifford on expanding Canada’s investor funnel
Early-stage investing needs some demystifying.
What’s Mike Katchen’s New Year’s resolution?
Plus: A number of #CDNtech executive changes around the holidays.
These three Vancouver tech companies are hiring in 2024
Trulioo, Piranha Games, and Global Relay are on the hunt for new talent in the New Year.
H|T: The Healthtech Times – SmileDirectClub shuts down shortly after declaring bankruptcy
Plus: The silly things women’s health entrepreneurs hear from male VCs.
R|T: The Retail Times – Etsy and Bolt make cuts as revenue growth dips
Plus: Leav closes seed round for mobile self-checkout.
A|I: The AI Times – Critics skewer Fed’s AI consultations, Cohere co-founder wants to keep it simple
Startup founded by ex-Google Search team nears $2 billion valuation.
S|W: The SaaS Weekly – BlackBerry names new CEO, ditches spinout IPO plans
Plus: Vistara Growth Fund V sets target on enterprise software companies.
Xanadu’s Christian Weedbrook among Quantum Industry Canada’s three new board appointments
The Xanadu CEO joins representatives from Anyon Systems and Quantacet.