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By
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Monday, October 09, 2023
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Today’s top two stories are funding rounds. Let’s dive into the first one, which involves an Israeli startup (stay safe if you are in that region) developing cultivated bluefin tuna. Wanda Fish Technologies is swimming in the very early stages of the technology pool but is treading water successfully enough at this point to reel in $7 million in new venture capital to accelerate production.
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Get the scoop
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Meanwhile, as the world’s population ages, the need for reliable and affordable caregiving will grow. Meet Lottie, a care home marketplace in the U.K. Accel led a $21 million investment into the company, which gathers data and cultivates an online list so people can find the best care homes and services for their needs.
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And for all you gadget fans, here’s your look at Meta Quest 3, which takes a step closer to mainstream AR/VR.
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Check it out
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Keeping devices out of landfills
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The reports have it
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Pull up a chair
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Investing between the coasts
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These ships actually do sail themselves
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Funding for female founders
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Funding woes north of the border
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Here’s why
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Weekend warriors you may have missed
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Virgio’s fast-fashion dream is over
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To attend or not to attend: We asked 52 founders whether events are useful or a waste of time
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(TC+)
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Zendesk emerges from last year’s turbulence with strong outlook
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Brave lays off 9% of its workforce
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How Nvidia became a major player in robotics
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“Hiring a more diverse investment team and reducing discrepancies in evaluation processes that lead to overlooking women-led startups have proven to significantly reduce the bias in the way investors evaluate founding teams,” writes Marta Zaccagnini, a senior manager at Village Capital in TC Opinion.
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“I look forward to the day when the dial switches.”
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Canadian startups had a tough Q3, and AI’s popularity isn’t making a big difference
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It’s not just the U.S. that’s experiencing a downturn in tech investment. In today’s edition of The Exchange, Anna Heim reviewed information from startup data platform Tracxn and found that Canadian startups received 57% less funding in Q3 2023 than in Q2.
</p>
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“It’s also 84% less than Canada’s record fundraising quarter, Q2 2021, when startups collectively raised $5.12 billion,” she writes.
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On the pods
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