Shopify’s venture arm unveils portfolio in new website launch
Shopify’s investments focus on funding the companies that support its merchant ecosystem.
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ventureLAB unveils Hardware Angel Network, supporting pre-seed and seed-stage hardware startups
The network plans to make its first investments in the fall, with a focus on deep tech, hardware, and semiconductors.
AWS, NVIDIA launch global FinTech accelerator for seed-stage startups
The accelerator aims to help FinTech companies using AI and machine learning in financial services.
Immigration Minister details strategy for attracting foreign tech talent, digital nomads
Work permits will be prioritized for entrepreneurs backed by VCs or angels.
ApplyBoard co-founder launches Passage to address Canada’s skilled worker shortage with $40-million seed round
Ex-ApplyBoard CEO plans to finance skilled immigrants that meet Canada’s workforce needs.
Almost sideswiped by a Stripe acquisition, Helcim responds with new Smart Terminal
After Stripe acquired its manufacturing partner, Helcim faced delays and an increasingly competitive environment.
S|W: The SaaS Weekly – Adobe-Figma deal under threat as IBM nears $5B Apptio deal
Plus: Poka to be acquired in reported $200M deal.
Elevate and The Firehood receive $2.3 million in federal funding to train women leaders
Applications are open until July 5 for women investors and entrepreneurs to get a chance at a $100,000 prize.
F|T: The FinTech Times – Neo launches secured credit card, Robinhood acquires credit card startup
Plus: David Dodge says Canada’s open banking complacency due to “lack of political will.”
Québec bolsters quantum footprint as semiconductor industry forms advocacy group
Plus: Angel investment in Canada mirrored VC dip in 2022.
Québec’s quantum scene gets boost with new factory, startup studio
French VC, quantum processor manufacturer choose Sherbrooke for its academic expertise, infrastructure.
H|T: The Healthtech Times – Canada’s latest big biotech exit
Plus: Google Lens can now search for skin conditions.
EDC increases its matching investment maximum from $5 million to $25 million
Since launching in 2020, the EDC Matching Investment Program has made over $390 million in co-investments.
Altis Labs closes $7.9 million CAD to evaluate cancer treatments using AI
Altis has worked with UHN, Sunnybrook to develop its cancer imaging database.
A|I: The AI Times – Cohere is on Bessemer’s list, D-Wave is moving execs to the US
Plus: Oracle’s answer to the Microsoft-OpenAI alliance.