R|T: The Retail Times – Shopify’s strategic investment to solve this supply chain mess
Plus: Massive “coffeetech” investments are giving startups a jolt.
build canadian
Bank of Montreal commits $100 million to launch lending program for Black entrepreneurs
Black entrepreneurs can receive loans of up to $250,000.
S|W: The SaaS Weekly – 7shifts staffs up
Plus: Acquirers are circling Zendesk.
Following recent merger, Startup Montréal announces program to spur late-stage growth
The Government of Québec has committed $6.5 million to the program.
F|T: The FinTech Times – Bitcoin’s Bonnie and Clyde
Plus: Tories push Trudeau for plan to lure crypto investment.
Who are Canada’s ‘soonicorns’?
BetaKit knew them before they were famous.
Cyclica spins out startup, Perturba Therapeutics, from University of Toronto
Perturba fuses AI-drug design and biological science.
Potential Motors closes $4 million CAD to improve off-road electric vehicle performance
The startup focuses on “the most overlooked space in electrification.”
H|T: The Healthtech Times – PointClickCare’s audacious acquisition
Plus: Remote patient monitoring is raking in venture funding.
Micruity aims to “pensionize” 401(k) plans as it lands $6.5 million CAD seed round
Franklin Templeton and Allianz Life both made strategic investments in Micruity.
A|I: The AI Times – Cruise cruises to deployment
Plus: DeepMind’s AlphaCode AI writes code at a competitive level.
Nord Quantique closes $9.5 million seed round co-led by BDC Capital’s Deep Tech fund
Nord develops hardware for fault-tolerant quantum computing.
D-Wave hopes to raise $431 million CAD as it prepares to go public via SPAC
Quantum computing startup aiming for a $1.5 billion valuation.
S|W: The SaaS Weekly – Does Citrix + Tibco = SaaS powerhouse?
Plus: 6 reasons Meta is in trouble.
Dozr raises $27.5 million in Series B funding to support US expansion plans
The heavy equipment rental startup aims to replicate its Florida playbook in other markets.