Former Global Founders Capital partner launches Northside Ventures to back pre-seed Canadian entrepreneurs across North America
Northside has secured $6.25 million USD from Inovia, Intact, Bain, Golden Ventures, and Garage Capital, among others.
layoffs
OMERS Ventures loses VC head in latest leadership turnover
Plus: Gambit Partners aims to take some risk out of early-stage investing.
Cancer-focused Imagia Canexia Health files for bankruptcy 18 months after merger
Oncology tech firm closed a $20-million round and led an $18-million Supercluster project in 2022.
AI, cleantech stay hot as mega-deals carry Canada to second-largest Q2 on record
Plus: MindBridge founder Solon Angel joins Fresh Founders as managing partner.
S|W: The SaaS Weekly – Ex-Salesforce VP claims company lied about data platform capabilities
Plus: Athennian navigates scaleup growing pains with layoffs, leadership changes.
Hopper continues embedded FinTech push with Air Canada partnership
FinTech offerings now represent half of Hopper’s app revenue.
Athennian feels growing pains as Coinbase looks to grow into a Canadian crypto leader
Plus: FinTech vertical sluggish as investors worry over economy.
H|T: The Healthtech Times – Ozempic maker Novo Nordisk buys Montréal’s Inversago for $1 billion
Plus: US Senator questions ethics of Google’s Med-PaLM 2.
R|T: The Retail Times – Amazon reduces private-label operation as it battles costs, regulators
Plus: FinTech platforms are leaning more heavily on buy now, pay later.
A|I: The AI Times – Stability AI’s lead threatened by key departures, CEO concerns
Plus: OpenAI launches webcrawler as Zoom promises it won’t use your videos to train AI tools.
F|T: The FinTech Times – FinTech platforms are leaning more on buy now, pay later
Plus: Desmarais family quietly reshapes a financial empire.
OMERS Ventures exits Europe while Pinegrove looks to scoop up discount startups
Plus: 1Password only Canadian company to crack 2023 Cloud 100 list.
As startups look to US for capital, Antler’s Shambhavi Mishra calls on Canadian VCs to lead more rounds
Antler Canada’s Director of Portfolio talks taboo topics at Startupfest.
EventMobi acquires US-based virtual events platform Run The World
The deal comes as demand for virtual gatherings has fallen from pandemic highs.
S|W: The SaaS Weekly – Atlassian & Cloudflare score big, Zoom sends employees back into the office
Plus: Uber finally makes a profit.