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Food ordering service Ritual lays off nearly half of employees

Toronto-based app lays off nearly 40 people, approximately 45 per cent of its workforce, as it struggled to bounce back after the pandemic impacted its core office-worker base

Hong kongNoord hollandLior samfiruRay reddyKevin van paassenRitual technologies incSamfiru tumarkinShopify incRitual technologiesKevin vanLog increate freeMistral venture partnersGolden ventures

Neo Financial launches secured credit card to help Canadians build credit

The product launch comes as Neo navigates a tough consumer-banking market.

Hudson bayAndrew chauTim hortonsNeo financialWinnipeg based fintechNeo secured creditSecured creditMastercard zero liabilityIntuit turbotaxPeter thiel backed valar venturesAltos venturesGolden venturesTribe capitalBlank venturesKnollwood advisory

Al Gore-led fund leads $95-million investment in Toronto s BenchSci, which uses AI to hasten drug discovery

Golden managing partner Matt Golden said it was a ‘clean deal’ free of complex structured terms that financiers have increasingly demanded from startups to guarantee them a larger share of proceeds when they sell

Tom leungFred lumElvis wiandaAnthony woolfLiran belanzonAl goreDavid chenLiran belenzonAlayacare incBenevity incCreative destruction lab at university of torontoBenchsci analytics incGeneration investment managementInvestment managementInovia capitalGolden ventures

An A I startup founder explained why his unusual financing strategy could be a new trend for founders

Dan Siroker’s company aims to help humans have "perfect memory."

United statesUnited kingdomHammoudi yassuo abdalrhmanLucy brewsterDan sirokerJackson fordyceAvery dennisonGeneration investment managementOklahoma life sciences fundLofty ventures syndicateMassachusetts mutual life insurance companyCreator fundRevolution rise of the rest seed fundBanc funds companyTerm sheetMemorial day

BenchSci Raises $95 Million Series D Funding to Enable Drug Discovery Innovation at Scale With its Groundbreaking AI Platform ASCEND

BenchSci Raises $95 Million Series D Funding to Enable Drug Discovery Innovation at Scale With its Groundbreaking AI Platform ASCEND
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