S|W: The SaaS Weekly – Absolute Software sold to Crosspoint for $657 million
Plus: Hopper to power Uber’s expansion into flight bookings.
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Binance exits Canada as crypto trading platforms feel broader impact of stricter regulations
Binance pulled out of Ontario in 2021 as it wasn’t registered with the province.
How startups can better manage their e-waste
Canadian startups can create positive environmental impact.
R|T: The Retail Times – Shopify sheds staff, offloads logistics business to focus on “main quest”
Plus: RenoRun halts operations as it pursues asset sale.
Brightspark seeks to recreate its “home run” exits of Think Dynamics, Radian6 as it launches $120-million fund
Brightspark Ventures has made an initial close of $60 million towards its target.
S|W: The SaaS Weekly – Inside the Salesforce slowdown
Plus: After Canadian pilot, Google expands cloud accelerator to US startups.
RenoRun shuts down operations as it pursues sale of assets
RenoRun expects to close a purchase of its assets by no later than May 15.
S|W: The SaaS Weekly – Certn targets global expansion, Huawei builds Oracle replacement
Plus: Salesforce is working on new generative AI-driven workflow tools.
Neo Financial bets on embedded finance, D2C combo amid tough consumer banking market
After partnering with Intuit, Neo looks to land more embedded finance deals.
RenoRun granted court extension in insolvency filing to pursue sale
RenoRun asked for extension amid “a high level” of interest from potential buyers.
S|W: The SaaS Weekly – With more layoffs coming, Meta is facing a morale crisis
Plus: AutoLeap gears up for growth with $40 million CAD Series B.
Miovision acquires Global Traffic Technologies, raises $260 million from Telus, Maverix, EDC
Miovision is buying Global Traffic Technologies for $107 million USD.
ChargeLab secures $15 million, commercial partnerships with electric vehicle companies to expand US presence
ChargeLab touts itself as “the Android of EV charging.”
S|W: The SaaS Weekly – Inside Janet Bannister’s new fund for B2B software startups
Plus: Salesforce is culling management layers.
H|T: The Healthtech Times – Lululemon’s failed attempt at becoming a tech company
Plus: Felix and Eli raise new rounds.