D2C startups not immune to downturn as Article, Mejuri make staff cuts
Article and Mejuri have cut their workforces by 17 and 10 percent, respectively.
Scale Without Borders wants to bring Canada’s immigrant tech community together in November summit
Last year’s summit spanned three days and saw 1,000 registrants.
Nubik becomes latest Canadian tech firm acquired by Deloitte
Nubik specializes in Salesforce, FinancialForce, and Rootstock Cloud ERP.
Unbounce lays off 20 percent of staff as part of “larger company restructuring”
Unbounce CEO said cuts were necessary to support the company’s purpose and strategy.
FreshBooks secures $100 million USD debt facility from BMO, J.P. Morgan
With fresh funds, FreshBooks wants to continue global expansion, strategic acquisitions.
CFIN invests $338,000 into four Canadian projects related to food sector
Projects in this cohort range from an automated tempeh incubator to upcycling produce.
Aurora Hydrogen secures $12.85 million CAD from Shell, Chevron to build demonstration plant
Aurora is developing clean hydrogen tech without consuming water.
Spring Activator launches Women-led Impact Investor Challenge with Telus Pollinator Fund
The previous edition of the fund focused on healthcare, naming UVX Inc. as the winner.
Converge Technology secures $500 million loan to continue acquisition spree
Converge to continue acquisition strategy in North America, Europe.
Frontier Collective to launch flagship summit for metaverse and Web3 leaders
Frontier wants to bring leaders from Adobe, LG, Microsoft to Vancouver.
Advertising tech startup Polar secures funding from Fort Point Capital, rebrands to Nova
Nova president: Polar pioneered the social display space.
The Women Entrepreneurship Ecosystem Fund calls for new projects in order to dole out $40 million
The WES Ecosystem Fund has invested $100 million in 52 projects.
Four Canadian companies selected for inaugural CB Insights Advanced Manufacturing 50 list
BenchSci, Vention among Canadian startups in the list.
Nova Scotia government consolidates Innovacorp, Nova Scotia Business Inc
Nova Scotia says the changes address issues of overlapping mandates, duplicate operations, outdated legislation.
ProcedureFlow closes $11.8 million to scale knowledge management software globally
ProcedureFlow’s client base includes Blue Cross, Nova Scotia Power.