S|W: The SaaS Weekly – SaaS invests in AI

The SaaS Weekly is a weekly newsletter covering the major SaaS news from Canada and around the globe.

Subscribe to S|W using the form at the bottom of this page to ensure you don’t miss out on the most important SaaS news every week!


BetaKit

Shopify, Google among 30 companies committing combined $80 million over 10 years to Vector Institute

The Institute, which aims to become a world-leading centre of AI, has ambitious goals: to graduate the most deep learning and machine-learning PhDs and masters students globally, and be the engine for the federal government’s AI supercluster.


TechCrunch

LiveSmart, a London-based employee health platform, raises £700,000

Investors include Matt Merrick (formerly the managing director of Virgin Active Health Clubs) and Lawrence Mitchell (formerly global marketing director and global wellness lead at Reed Business Information).


BetaKit

Therapia raises $750,000 seed round for on-demand physiotherapy platform

The funding round was led by a group of unnamed stakeholders in the healthcare space.


FinSMEs

ZenJob raises €3M in venture capital funding

The on-demand staffing platform raised the round from Redalpine and Acton Capital Partners, with participation from 500 Startups and existing investor Atlantic Labs.


HR Dive

Study predicts HR’s big move to SaaS by 2020

A study by Information Services Group predicts that more than half of all enterprises will move all or some of their HR systems to the cloud by 2020.


TechCrunch

Logistics startup Freightos lands $25 million in funding from GE Ventures

The funding will be used to launch Freightos Marketplace, described as “booking.com, but for international shipping,” into more countries.


BetaKit

Hootsuite’s Ryan Holmes says social networks have an “algorithmic responsibility” to users

“Networks right now are uniquely positioned to give users either a full, factual view of the world or a partial, slanted one,” said Holmes.


e27

Singapore startup Weeloy raises US$3.6M to make restaurant management more efficient

The investment comes from FirstFloor Capital, a Malaysian VC that focuses on early stage startups.


Talkin' Cloud

AWS launches cloud-based contact center Amazon Connect

Customers can design contact flows based on the information retrieved by Amazon Connect from AWS services or third-party systems.


Business Insider

Belgian accounting startup Silverfin raised £3.7 million to expand to the UK despite Brexit

Silverfin, which pulls in data from accounting software to give businesses a real-time view of their financial data in one place, raised the funds from Index Ventures and other existing investors.


BetaKit

Casalova partners with Dream Maker Developments on online condo purchase system

The partnership will allow homebuyers to purchase and review the details of a pre-construction condo completely online.


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Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.