Loopio, Reelhouse co-founders launch Barley to help make employee compensation easier, more equitable
Golden Ventures-backed Barley has raised $5.4 million CAD to date.
Semiconductor firm GaN Systems to be acquired by Infineon for $830 million USD
GaN Systems CEO says Infineon will enable company “to unleash our full potential.”
Sonder lays off 14 percent of staff as it aims to become cash flow positive in 2023
Move marks Sonder’s second round of significant cuts since going public last year.
Fresh Prep acquires fellow Vancouver food delivery startup Peko
Fresh Prep says deal will help the sustainable meal kit company tackle food waste.
Latest Alberta, BC budgets target talent shortage with otherwise minimal new tech investment
Industry stakeholders had hoped to see more for tech and SMBs.
Amazon climate tech fund backs Genecis to turn food waste into bioplastics
Amazon is exploring ways to use Genecis’ bioplastics in its own packaging.
Shopify built Indigo’s new website in three days following ransomware attack
After reaching out to Shopify, Indigo was back online with a new site in three days.
Government of Canada to launch $250 million initiative to train skilled workers
In record-tight labour market, feds aim to upskill workers for high-growth industries.
Dapper Labs cuts another 20 percent of staff while fending off class action suit
The move marks Dapper Labs’ second round of layoffs since November as it contends with declining NFT sales.
Dapper Labs faces lawsuit claiming NBA Top Shot NFTs are securities
Judge denies Dapper Labs’ request to toss out proposed class action in February 22 decision.
IrisCX secures $6.2 million CAD to help home product, services firms provide video-based customer support
IrisCX limits in-person service calls by empowering consumers to perform tasks traditionally done by technicians.
Canadian securities regulators tighten rules for crypto platforms following Voyager, Celsius, FTX collapse
CSA cracks down on stablecoins, prohibits leverage, raises expectations regarding asset custody and segregation.
Plum secures $8 million CAD to help big businesses navigate tight labour market
Plum aims to provide “missing dataset” companies need to tackle talent crisis.
Movement51 launches investment readiness education program for women entrepreneurs across Canada
With backing from TD, Movement51 aims to close VC funding gap for gender-diverse founders.
Shopify posts 26 percent YoY revenue jump, but growth still below pandemic highs
Shopify beats analyst projections in Q4 with over $1.7 billion USD in revenue.