Multilingual chatbot startup Proto secures $5.6 million for global expansion
Proto’s polyglot chatbot was created to improve inclusion, protection of customers.
fintech
Helcim, MintList, Ukko Agro among startups in third cohort of Google’s Canadian accelerator
Participants range from smart windows to dental software to agtech.
R|T: The Retail Times – Knix sells, Bruush to IPO, Tiggy halts operations
Plus: How Wish Built (and Fumbled) a Dollar Store for the Internet.
A|I: The AI Times – It’s never been more important to address diversity in AI
Plus: Why business is booming for military AI startups.
Payments Canada appoints Wealthsimple’s chief compliance officer to member advisory council
The appointment marks the only FinTech startup rep on the council.
H|T: The Healthtech Times – Period, fertility apps could be weaponized in post-Roe world
Plus: Judge rules Apple Watch infringed AliveCor’s ECG patent, setting up potential U.S. import ban.
A|I: The AI Times – Toronto wants to kill the smart city forever
Plus: Tesla is cutting about 200 Autopilot jobs.
Deloitte, EY purchasing Canadian tech consulting firms
Both firms acquired companies based in British Columbia.
Andre De Grasse, Michele Romanow, George Sully added as Elevate Festival speakers
BetaKit will once again program Elevate’s AI and Money stages.
Fluence acquires SaaS startup Sturnis365 to expand European presence
Fluence’s second acquisition in six months gives the startup an end-to-end accounting solution.
Customer alleges Vena Solutions “falsely asserted” SOC report was independently audited
Vena Solutions confirms an “issue relating to SOC reports.”
Canadian startup news of the week (7/3/22)
Plus: Canadian tech companies expand support for US employees in wake of Roe v. Wade ruling.
Goeasy plans to leverage its LendCare acquisition with online car sales startup Canada Drives
Financial services company makes $40 million equity investment, joins Canada Drives’ board.
Jeeves launches venture capital alternative for startups
The New York-based FinTech startup Jeeves has launched a non-dilutive alternative to venture capital specifically tailored…
Ritual lays off 16 percent of staff to “prepare for a recession”
As prospect of recession looms amid rising inflation, Ritual has laid off 23 employees.