The bottom fell out of Canadian FinTech funding in Q2 2022
Q2 2022 saw a dramatic 70 percent drop in FinTech funding YoY.
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As Canadian venture funding lost steam in Q2 2022, Alberta tech continued to shine
With $268 million raised, Alberta set a new quarterly record for venture funding.
A|I: The AI Times – Inside Apple’s struggle to build a self-driving car
Plus: Tesla AI leader Andrej Karpathy announces he’s leaving the company.
Borrowell launches credit building program for renters
The program allows users to self-report rental payments.
Intelligent City puts scaffolding in place to scale sustainable building solution
Intelligent City has secured $22 million CAD from investors like BDC.
Atlantic Canadian innovation players launch new Startup Atlantic brand at Startupfest
ACOA, Propel, Volta, Ignite, Genesis, CDL, Innovacorp, Sandpiper Ventures among orgs supporting Startup Atlantic.
Ecopia AI announces $8 million SDTC partnership to create 3D vector maps of Canadian cities
Project aims to support sustainability-related, net-zero initiatives.
Deloitte, EY purchasing Canadian tech consulting firms
Both firms acquired companies based in British Columbia.
Canadian tech companies expand support for US employees in wake of Roe v. Wade ruling
List includes 1Password, Hopper, Lightspeed, Nuvei, Clearco, Benevity, BBTV.
US companies Avanade, Nautical Commerce, Twilio, Dealpath plot Canadian expansions
All four plan to conduct a hiring spree amid a growing number of global tech layoffs.
A|I: The AI Times – Pan-Canadian AI strategy, part two
Plus: Stradigi AI lays off no less than 50 employees.
Canadian startup news of the week (6/26/22)
Plus: Faire, ApplyBoard, 1Password says downturn won’t slow growth.
With crypto under water, Ripple makes a splash announcing first Canadian office in Toronto
Startup plans to open engineering hub, hire 50 to start.
S|W: The SaaS Weekly – The UWaterloo experts building quantum-safe cybersecurity
Plus: Google pays $118 million for underpaying women.
Startup Luxembourg wants Canadian founders to know its country is a gateway to the European market
Funding, support, and access to the single market are some of Luxembourg’s startup draws.