H|T: The Healthtech Times – Ontario budget allocates funding to healthtech procurement
Plus: Neuralink is now accepting Canadian patients.
layoffs
Lightspeed reduces staff by 10 percent in suite of cost-cutting steps following Dax Dasilva’s return
Layoffs part of company’s reorganization strategy following a disappointing response to Q3 earnings.
F|T: The FinTech Times – Sam Bankman-Fried gets 25 years
Plus: Mogo backs Kaos in WonderFi boardroom battle.
Why Dax Dasilva thinks about taking Lightspeed private
Plus: Notman House is for sale. A startup-led effort wants to buy it back.
WonderFi responds as shareholders Kaos Capital, Mogo push for board overhaul
Kaos and Mogo want board changes. WonderFi claims Mogo wants control without paying a premium.
Tofu nets $1.2 million to fast-track hiring for tech startups
Company’s backers include Night Capital, Garage Capital, Wayfinder Ventures, Ritual Capital.
John Ruffolo has advice for Canada’s pension funds
Plus: CDPQ quietly shutters $250-million D&I fund.
With $45-million CAD Series B, PocketHealth gears up to continue North American expansion, AI push
Startup adds Round13, Deloitte, Samsung to fuel efforts to help patients understand their medical images.
Top Hat’s Maggie Leen appointed CEO two months after Joe Rohrlich’s quiet departure
EdTech firm has also tapped Larry Indovina for the new role of COO.
Busbud continues Latin American expansion with acquisition of Buson
Busbud says it now has over 600 partnerships with bus operators in LATAM.
Sonder faces class action investigation after delaying financial results due to errors in past statements
Company said correcting the errors will increase its net loss for 2022 and 2023.
F|T: The FinTech Times – Minerva chases anti-money laundering big leagues
Plus: Open banking framework is coming, but adoption? Not so soon.
Alberta gains on Québec in venture activity
Plus: BetaKit has the exclusive on two new Canadian AI-focused VCs.
S|W: The SaaS Weekly – Apple’s walled garden hit with $2 billion fine
Plus: Travel perks platform Plusgrade gets major NY investor.
Reflecting on inclusion in #CDNtech
Plus: The new venture studio backed by Shopify, Wealthsimple, Knix execs.