R|T: The Retail Times – Shopify’s birthday gift: a new class-action lawsuit
Plus: Temu is losing millions of dollars to break into the US.
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A|I: The AI Times – Public letter escalation: Bengio & Hinton sign another warning
Plus: Canadian AI computing startup Tenstorrent and LG partner to build chips.
Rhino Ventures leads Twig Fertility’s $8 million Series A to improve fertility experience with tech
Twig is developing a proprietary platform to optimize treatment plans and opening more clinics in Canada.
S|W: The SaaS Weekly – Is Salesforce repositioning itself as a data company?
Plus: Growth equity firm PSG takes a big bite out of Toronto startup Hostaway.
F|T: The FinTech Times – Stripe looks to enter the credit space
Plus: OSC advisory panel backs stronger crypto regulation.
Shopify launches Shop Cash rewards program in the US
Shopify’s answer to Prime Day, “Shop Day,” debuts in celebration of its 17th birthday.
FemTherapeutics raises $2.5 million CAD to address pelvic floor disorders with custom vaginal prosthetics
FemTherapeutics combines AI and 3D printing to design vaginal pessaries specific to each patient.
H|T: The Healthtech Times – FDA approves Elon Musk’s Neuralink for human clinical study
Plus: AbCellera and BenchSci get combined $395 million
Platformatic secures $3.5 million, launches tech to simplify back-end development for enterprises
Platformatic is backed by Decibel, Panache, and developer and open-source angels.
R|T: The Retail Times – Loblaw axes its third-party seller-driven e-commerce marketplace
Plus: Alibaba pushes back on layoff rumours.
A|I: The AI Times – AbCellera and BenchSci secure big funding
Plus: Ex-OpenAI execs raise $450 million for rival Anthropic.
S|W: The SaaS Weekly – Microsoft launches Fabric, mCloud looks to go private
Plus: Novisto closes $27-million Series B.
F|T: The FinTech Times – Now in Canada: Hiive’s VC secondary trading platform
Plus: QED closes on $925M to back FinTech startups globally.
H|T: The Healthtech Times – FTC signals tougher rules for health companies’ use of data
Plus: MCI OneHealth divests five Calgary clinics to Well Health for $2 million.
Spellbook, formerly Rally, raises $10.9 million to automate legal contracts using generative AI
The company is rebranding as part of a new focus on its AI tool and strategy.