So when asked which was the shadier company, Uber was deemed much less shady than Theranos.
Canadian activity declines
Canadian venture-capital backed companies saw $460M in total financing across 64 deals in Q1’17 — the lowest number of deals since the 54 seen in Q3’15. On a quarterly basis, deals were down 25% and dollars down 41% from Q4’16.
Science is good
Ajay Chawan, who is with our friends at Audi, was at the March for Science in DC rocking his sweet CB Insights “data > opinion” t-shirt.
Juicero, the $399 internet-enabled juice machine backed by GV, Kleiner Perkins, and others, got pummeled last week cuz it’s JaaS (juice-as-a-service) didn’t do something people thought it did.
It was kinda funny in a schadenfreude’y kind of way for a bit, but it actually got me to look at Juicero and for a second, I thought, “if this gizmo can help me stay regular, maybe it’s worth getting.”
Yup — plenty of real world changing stuff being built. But yeah — we’re talking about an f’n juicer. I mean platform.
Insurers investing in smart homes
Last week, Intact, the largest P&C carrier in Canada, became the latest insurer to invest in a smart home startup – water and flood monitoring company Alert Labs. In light of the news, we took a look at strategic investments by insurers in smart home companies.
It’s the final countdown. Tuh nuh na na. Tuh nuh na na.
Alright, we’re down to the final 4 with results from Round 4 coming in last night.
Amazon Echo beat Oculus
Tesla clobbered Xbox Kinect
MacBook Air outran Wii Fit
Raspberry Pi edged out Microsoft Surface
So now, we’ve got 2 very interesting match ups left.
For even more data on this category, we’ll be diving into funding figures, notable startups, and global trends in the real estate tech space this Thursday. Sign up for the briefing here.
Toronto leads in deals
Toronto, Montreal, and Vancouver ranked as the top metros of Q1’17 by deals. All saw dollars invested decline compared to Q4’16, although Montreal saw deal activity rise. Year over year, Toronto activity was up and dollars were up over 200%.
The Industry Standard
CB Insights data is the most trusted by those in the industry and the media. A few recent hits.