Xanadu closes $100 million USD Series C as quantum computing firm becomes Canada’s latest unicorn
Xanadu wants to bring the first commercially available quantum computers to market.
Meta mass layoffs hit Canada less than a year after major expansion plans
Canadian teams affected include client relations, human resources, among others.
Federal government invests $2.4 million in P&P Optica to help meat processors automate food safety
PPO’s systems can detect and remove objects like plastics, rubber from food.
QueerTech launches hybrid conference for 2SLGBTQS+ tech
Named QT Qonference, the event will take place from November 10 to 11.
OnCall Health acquired by US-based SaaS provider Qualifacts
Prior to its acquisition, OnCall has raised around $10.5 million CAD.
Google opens new Montréal office, commits $2.75 million to Québec tech
Google finally opens new Montréal office after big 2020 commitment to expand in Canada.
Audette raises $12.8 million CAD to ‘level up’ decarbonization of buildings
The Victoria-based startup plans to expand from five to 150 North American cities.
Snowflake opens Toronto HQ, engineering hub to expand investment in Canada
Billion-dollar US company makes it snow early in Toronto.
Shopify acquires Remix to bolster its headless commerce framework
Latest acquisition meant to remix Shopify’s own framework tool for building storefronts.
Mogo at risk of being delisted from Nasdaq for sub-$1 USD share price
The Vancouver FinTech startup has 180 days to get over $1 USD.
Telus International to acquire product development shop WillowTree for $1.2 billion USD
WillowTree’s clients include Fox, CBC, PepsiCo.
Certn acquires Australian firm InterCheck to bolster suite of background screening solutions
Certn also acquired another competitor in the UK in January, Credence.
Workflow SaaS integrator Unito raises $20 million to build more integrations
Unito wants to break into more SaaS categories, starting with support tools.
Wealthsimple becomes first regulated Canadian crypto platform to offer staking
“We continue to push the boundaries…and have lots more in store.”
Shopify makes investment in Hong Kong startup WATI’s $23 million Series B round
WATI represents Shopify’s first investment in a Southeast Asian firm, but not in customer relations.