Canadian businesses are optimistic about growth in 2024. Here’s why
Tech adoption and talent access fuels a brighter business forecast for the coming year.
layoffs
R|T: The Retail Times – Thrasio raised $3 billion. Now it’s filing for bankruptcy.
Plus: US resistance has Shein eyeing UK to IPO.
S|W: The SaaS Weekly – Why is Marc Benioff buying up Hawaiian land?
Plus: Certn’s new president targets growth over acquisitions.
F|T: The FinTech Times – Stripe’s $65B valuation indicates an IPO isn’t anytime soon
Plus: How Flinks is building middleware for open banking.
Does corporate VC have an advantage in AI investments?
Plus: Omnirobotic reborn and Flinks moves in for the kill.
H|T: The Healthtech Times – Apple Vision Pro goes to the hospital
Plus: Abridge raises $150 million to increase the speed and accuracy of medical note-taking.
With new president Sarah Miller Wright, Certn targets profitable growth over acquisitions
Following 2023 layoffs, Miller Wright must steer Certn’s global operations through a “transformation year.”
Four Canadian companies selected to Comcast SportsTech Accelerator
Canada lead the pack with the highest number of companies in the global cohort.
Is AI Canada’s productivity saviour?
Plus: Late-stage VC funding continues to drop, but seed-stage is Golden.
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.
Love troubles? There’s an AI chatbot for that.
Plus: #CDNtech startups pivot and refocus in 2024.
EdTech game developer Prodigy Education adds CFO to refreshed leadership team
After September 2022 “reset,” Prodigy has set its sights back on sustainable growth.
Bank modernization software provider Zafin to be acquired by Nordic Capital
A Zafin investor said the deal represents one of the largest recent exits in the Canadian software industry.
Canadian VCs are less confident about 2024
Plus: Crypto stakeholders raise alarm on stablecoins.