Four Canadian companies selected to Comcast SportsTech Accelerator
Canada lead the pack with the highest number of companies in the global cohort.
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Helcim closes $27 million CAD to bring payment stack to underserved SMBs
Startup’s full-stack payment offering puts it up against FinTech giants like Stripe.
Is AI Canada’s productivity saviour?
Plus: Late-stage VC funding continues to drop, but seed-stage is Golden.
Helius raises $12.8 million CAD to help devs build blockchain apps on Solana
The Web3 startup was founded by former Coinbase and AWS software engineers.
H|T: The Healthtech Times – Healwell CEO dishes on evolution from clinics to AI
Plus: Newfoundland wants to be a biotech hub.
R|T: The Retail Times – Dax Dasilva returns as Lightspeed CEO, Shopify drops on strong earnings
Plus: Investors fooled by Lyft typo.
Golden Ventures closes nearly $140 million CAD for fifth seed-stage VC fund
Despite a tough market, Golden remains “long Canada” with strong support from existing LPs.
Profitable payments startup Zūm Rails closes $10.5-million Series A
Founded by Flinks, Versapay alums, Züm is looking to ramp its US expansion.
A|I: The AI Times – OpenAI debuts Sora, a hyper-realistic text-to-video generator
Plus: How Vector Institute is reversing Canada’s AI brain drain.
S|W: The SaaS Weekly – Prodigy’s got a new plan, a new CFO, and a leaner team to boost growth
Plus: It’s getting (slightly) easier to sell software.
Levr.ai closes $1-million seed round for AI-powered loan platform for small businesses
Startup serves companies that “big banks struggle to service and tech startups often ignore.”
Love troubles? There’s an AI chatbot for that.
Plus: #CDNtech startups pivot and refocus in 2024.
ZayZoon, Symend, Peggy named to CIX’s top early-stage, growth startup lists
This is the first edition of the lists since Elevate acquired CIX in September 2023.
Staircase Ventures bets on Sibli as VC firm reveals first four investments
Sibli uses AI to give asset managers “information advantage” when researching opportunities.
Float secures $50-million credit facility from Silicon Valley Bank to expand its financial products
FinTech firm teams up with SVB again to grow its corporate credit offering.