Cohere lays off five percent of staff a day after announcing $500-million USD Series D
Toronto generative AI startup cuts around 20 employees as part of “internal realignment.”
layoffs
Predicting the perfect VC vintage
Plus: We survived CrowdStrike.
Ex-DeepMind researchers secure $17 million CAD to bring generative AI to video games with Artificial Agency
Toyota and Radical-backed startup aims to transform NPCs, game systems with AI.
PathFactory acquires fellow B2B marketing platform Uberflip in stock-for-stock deal
PathFactory says the combined entity’s customer list includes firms such as Nvidia, Amazon, and Thomson Reuters.
Summer camp for Canadian tech
Plus: Vena becomes Canada’s latest centaur.
GPs and LPs at Startupfest expect gradual recovery with 2024 on pace to be worst for Canadian VC in a decade
Industry leaders expect more turnover, fundraising challenges for emerging managers.
Clutch receives $10-million strategic investment from iA Financial group
The investment will see iA’s insurance products integrated into Clutch’s online vehicle marketplace.
The gender pay gap in Canadian tech has tripled
Plus: OpenText lays off 1,200 employees as part of restructuring plan.
OpenText lays off 1,200 employees as part of restructuring plan
CEO plans to add 800 new roles in sales, professional services, and engineering.
Constructive criticism for Canadian VCs and founders
Plus: BetaKit: your award-winning publication of record.
Gaiia closes $18-million CAD Series A as it looks to build the Shopify for ISPs
Startup targets challenger internet providers with all-in-one operating software.
Collision has come and gone
Plus: The AI reality check is happening now.
Here’s what VCs are saying about the fundraising environment at Collision
VCs at Collision 2024 speak about AI and valuations in the post-post-boom times.
The “useless” lobbying against capital gains
Plus: BetaKit breaks news on BDC and Collision’s next stop.
H|T: The Healthtech Times – Acorn Biolabs secures $11 million for regenerative medicine
Plus: Feds table bill with new healthtech data security rules.