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.
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.”