Round13 launches new venture fund with initial $70 million USD to back blockchain companies providing “the base” for Web3
Bruce Croxon: Web3 infrastructure “a natural extension” to Round13’s software investments.
Toronto
ChargeLab secures $19.3 million CAD with aim to be Android for EV charging
“The winner will be whoever builds ‘Android’ to power the whole ecosystem.”
Five Canadian startups crack CB Insights’ 2022 AI 100 list
Four out of the five Canadian companies come from Toronto.
Fable raises $13.4 million CAD, launches accessibility training program for businesses
Meta, Walmart, Microsoft among Fable’s client base.
Forma.ai raises $57.8 million CAD in Series B round for sales compensation platform
Forma aims to turn sales compensation into science using AI.
Ecobee launches new smart thermostats with built-in air quality monitoring
The new smart thermostats are Ecobee’s latest launches post- acquisition.
OnlyForward’s newly launched Gov’r app a “modern way” for citizens to engage with politicians
“When I think about how engagement feels, it feels like 2001.”
WonderFi, Bitfarms, Tokens.com, CoinSmart post earnings during a volatile period for crypto
Bitcoin sell-off, other factors impact companies’ bottom lines.
Value of Power Corp’s FinTech portfolio drops as Wealthsimple faces second May markdown
Power calls decrease in fair value of Wealthsimple stake “consistent” with broader stock market decline.
Spare, Lyft partner to offer flexible transportation for transit agencies
Spare tested the service in Texas ahead of a broader roll out.
Habitat Learn acquires Temmer to offer computerized note taking for students
Temmer provides speech and print interpretation services to business, educational institutions, and individuals.
Dialogue, LifeSpeak struggle to please shareholders with first quarter 2022 results
Both healthtech companies noted user-driven revenue growth while share prices continue to tumble.
FinTech earnings week: revenues up for Nuvei, Propel, Mogo, Payfare
Net income is another matter.
Bolt Logistics rebrands to GoBolt, expands supply chain network to US
GoBolt hopes third name’s the charm as it eyes new global markets.
Vector Institute awards nearly $2 million in scholarships for Ontario AI students
Vector wants to take a bite out of the tech talent crunch.