Also: BetaKit is hiring.
Welcome to BetaKit Startup Stories of the Week! Here, you’ll find the week’s most important news, features and editorials published on Beta Kit.
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The main news of the week
Appleboard Announces Leadership Change, Founding CEO Replaced By Bro.
The company announced the move this week, with Methi Basiri taking over the CEO role in August. Martin Basiri remains a member of Appleboard’s board of directors.
Shopify launched a stack for enterprise retail
Toymaker Mattel, the company behind brands like Barbie, Hot Wheels and Fisher-Price, will be one of the first users of Commerce Components.
Bird Canada will take its international counterpart, Bird Global, under its wing.
Bird Global initially announced it would join Bird Canada in December 2022, describing the Canadian counterpart as a “very successful platform partner.”
The sales force cuts show that Canadian workers are being held back by Big Tech cuts
The customer relationship management software firm plans to lay off 10 percent of its workforce and reduce its real estate holdings in a regulatory filing Wednesday.
Vector Institute Appoints Experienced Executive Tony Gaffney to Lead AI Center for Next Five Years
Tony Gaffney will take over from Garth Gibson, who is stepping down from a five-year tenure as the institute’s first president and CEO.
Beta Kit is hiring across Canada.
Registered publishing for Canadian startups is growing and needs your skills.
Editor, British Columbia (Jobio/Gawlin Media)
Editor, Alberta (Jobio/Gawlin Media)
Editor, Quebec (Jobio / Gaulin Media)
Staff Writer 1-year contract (Jobio/Gaulin Media)
Recent funding, acquisitions and layoffs
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VAN – CocoNFT Acquired by Metaverse Group (read more)
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WAT – Darwin AI – $8.1M (read more)
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HAM – Ackroo acquires Simpliconnect (read more)
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TOR – Thomson Reuters acquires SurePrep (read more)
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TOR – Government of Ontario awards $19 million to seven regional technology hubs (read more)
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TOR – Storytime Capital Closes $15M in First Fund (read more)
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Tor-Bryza lays off nearly half of staff, CEO steps down (read more)
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TOR – Vector Health Labs Buy Get A-Head (read more)
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OTT – Federal Government commits $90M to five Canadian tech hubs (read more)
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MTL – NorthStar – $47M (read more)
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DAR – Ocean Supercluster to Contribute $230k to New Initiative (read more)
AI regulation is coming. What is Canada’s approach?
“The core of the bill and the heart of the law, you don’t know exactly what it applies to.”
Data management and AI risk management expert Carole Piovesan joined the committee to discuss AI regulation, privacy, and the future of Bill C-27.
Will Chatjit replace Betakit?
“We’re in a different place technologically than we were a week ago. I think it’s a tall order to exhaust that and recognize the downsides.
RBCx’s Anthony Mouchantaf (AKA, Tony Dagger) returns one last time in 2022 to answer listener questions: chatGPT, the impact of self-certified investor pilots, working from home and more.
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