Yung Wu Contributor Yung Wu is the CEO of MaRS Discovery District, a Toronto-based innovation hub. More posts by this contributor To actually change the world, Big Tech needs to grow up The cancellation of Amazon’s planned expansion in New York exposes the truth about its HQ2 promises. In the end, the company seemed mainly […]
View More In big tech’s future expansion plans, public good should be the corporate incentiveCategory: toronto
Tufts expelled a student for grade hacking. She claims innocence
As she sat in the airport with a one-way ticket in her hand, Tiffany Filler wondered how she would pick up the pieces of her life, with tens of thousands of dollars in student debt and nothing to show for it. A day earlier, she was expelled from Tufts University veterinary school. As a Canadian, […]
View More Tufts expelled a student for grade hacking. She claims innocenceTransportation Weekly: Polestar CEO speaks, Tesla terminology, and a tribute
Welcome back to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch . This is the fourth edition of our newsletter, a weekly jaunt into the wonderful world of transportation and how we (and our packages) move. This week we chat with Polestar CEO Thomas Ingenlath, dig into Lyft’s S-1, take note […]
View More Transportation Weekly: Polestar CEO speaks, Tesla terminology, and a tributeHelping children overcome their mobility challenges, Trexo Robotics gets a Y Combinator boost
Manmeet Maggu and Rahul Udasi didn’t know it when they met at the University of Waterloo 11 years ago, but the bond they forged in late-night study sessions as roommates has helped drive their work to create an exoskeleton that provides mobility for children with disabilities. The fruit of that labor is Trexo Robotics, which […]
View More Helping children overcome their mobility challenges, Trexo Robotics gets a Y Combinator boostDriving down the cost of preserving genetic material, Acorn Biolabs raises $3.3 million
Acorn Biolabs wants consumers to pay them to store genetic material in a bet that the increasing advances in targeted genetic therapies will yield better healthcare results down the line. The company’s pitch is to “Save young cells today, live a longer, better, tomorrow.” It’s a gamble on the frontiers of healthcare technology that has managed […]
View More Driving down the cost of preserving genetic material, Acorn Biolabs raises $3.3 millionConsolidation is coming to gaming, and Jam City raises $145 million to capitalize on it
A slew of banks are coming together to back a new roll-up strategy for the Los Angeles-based mobile gaming studio, Jam City and giving the company $145 million in new funding to carry that out. There’s no word on whether the new money is in equity or debt, but what is certain is that JPMorgan Chase […]
View More Consolidation is coming to gaming, and Jam City raises $145 million to capitalize on itWhy Silicon Valley needs more visas
Henrique Dubugras Contributor Share on Twitter Henrique Dubugras is the founder Brex, the billion-dollar corporate credit provider for startups. When I hear protesters shout, “Immigrants are welcome here!” at the San Francisco immigration office near my startup’s headquarters, I think about how simple a phrase that is for a topic that is so nuanced, especially […]
View More Why Silicon Valley needs more visasJam City is setting up a Toronto shop by buying Bingo Pop from Uken Games
The Los Angeles game development studio Jam City is setting up a shop in Toronto with the acquisition of Bingo Pop from Uken Games. Terms of the deal weren’t disclosed. The deal is part of a broader effort to expand the Jam City portfolio of games and geographic footprint. In recent months the company has inked agreements […]
View More Jam City is setting up a Toronto shop by buying Bingo Pop from Uken GamesInstacart raises another $600M at a $7.6B valuation
D1 Capital Partners has led the $600 million round for Instacart.
View More Instacart raises another $600M at a $7.6B valuationShopify opens its first brick-and-mortar space in Los Angeles
Shopify, the provider of payment and logistics management software and services for retailers, has opened its first physical storefront in Los Angeles. The first brick and mortar location for the Toronto-based company, is nestled in a warren of downtown Los Angeles boutique shops in a complex known as the Row DTLA. For Shopify, Los Angeles […]
View More Shopify opens its first brick-and-mortar space in Los AngelesCluep, a Canadian startup that raised just $500k, acquired for $40M
Everyone loves a tale of a bootstrapped startup founder’s journey to an eight-figure exit. The team at Toronto-based Cluep have a good one. The founders of the adtech startup raised less than $500,000 from angel investors before selling their company to Impact Group for $40 million ($53 milllion CAD) this week. Founded in 2012, Karan Walia, Sobi Walia […]
View More Cluep, a Canadian startup that raised just $500k, acquired for $40MTaskRabbit kicks off Canadian expansion
TaskRabbit is kicking off its Canadian expansion in the greater Toronto area before rolling out in Vancouver in October and Montreal sometime in 2019.
View More TaskRabbit kicks off Canadian expansion