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.
Doctor-backed Clinify secures $2 million CAD to help digitize African medical records
Fuelled by personal tragedy, Michael Omidele aims to transform African healthcare delivery, starting in Nigeria.
Real Ventures partners with Panache, Inovia to relaunch FounderFuel accelerator
Longstanding venture-backed startup program goes national with hybrid approach.
GreenSky expands team, secures $17 million first close of Fund V as firm sees opportunity amid the downturn
“When you get that kind of volatility … that’s when you get the best opportunities.”
Fight brews over Magnet Forensics’ proposed $1.8 billion acquisition by Thoma Bravo
Magnet Forensics shareholder contests deal; independent Magnet directors push back.
As unregulated crypto players collapse around the world, Netcoins expands into the US
Canadian firm aims to offer “compliant” alternative to unregistered US exchanges.
Garmin Canada to expand Alberta presence, hire for 200 STEM jobs
Garmin’s Canadian expansion comes as other Big Tech companies are cutting back.
Jobber closes $100 million USD Series D amid strong demand for home services
Jobber hit $100 million in revenue in 2022, but CEO still sees plenty of room to grow.
CoinSmart to seek monetary damages from Coinsquare following collapse of acquisition deal
CoinSmart accepts deal is no more, intends to “commence legal proceedings against Coinsquare.”
VerticalScope becomes latest public tech firm to make layoffs with 22 percent staff reduction
Cuts come after VerticalScope’s business deteriorated in Q4.
As Clearco and Wayflyer struggle, Paperstack secures $9 million in equity, debt to fuel pivot into e-commerce lending
Paperstack sees room to grow as larger players cut back amid economic headwinds.
RocketRez closes $20 million CAD Series B to fuel European tourism expansion
CEO: “We’re a little company in Manitoba taking on the world.”