Round13 launches new venture fund with initial $70 million USD to back blockchain companies providing “the base” for Web3
Bruce Croxon: Web3 infrastructure “a natural extension” to Round13’s software investments.
Yaletown-backed software company Tasktop to be acquired by Texas-based Planview
Tasktop CEO calls joining Planview “a game-changing combination.”
BBTV revenue decreases seven percent, net loss increases in Q1 as COVID-19 consumer patterns shift
CEO touts plus solutions growth as positive sign.
OMERS Growth Equity backs US data analytics startup Imply in $100 million USD Series D
OMERS says Canadian-led Imply faces “a multi-billion dollar opportunity.”
Value of Power Corp’s FinTech portfolio drops as Wealthsimple faces second May markdown
Power calls decrease in fair value of Wealthsimple stake “consistent” with broader stock market decline.
Well Health Technologies posts record Q1 revenue, announces $30 million bought deal offering to fuel acquisitions
Despite record revenues the last two quarters, Well’s share price has fallen nearly 43 percent over six months.
Meet the biotech startup that received funding from both Garage Capital and Maple Leaf Foods
Evolved Meats claims to have “the meat people want.”
White Star Capital, Coveo alum-led Lighthouse Labs closes $9.1 million CAD to build a search platform for the metaverse
Montréal’s Lighthouse Labs aims to “be the Google” for virtual worlds. What the hell does that mean?
Volley founder aims to leverage Andela experience to build similar model for sales talent
Volley aims to fill top-of-funnel sales talent gap for B2B SaaS companies.
Wattpad co-founder Allen Lau to step down as CEO, become executive advisor
Lau called the move both a “final curtain call” and the start of “a new story.”
Tengiva closes $5 million to tackle supply chain issues in the textile industry
Investor says Tengiva is “at the right place at the right time.”
Thinkific sees revenue rise, net loss jump in Q1 2022, following recent layoffs
Thinkific attributes higher net loss to growth investments, restructuring costs.
Magnet Forensics acquires assets from Comae Technologies, posts 35 percent revenue growth in Q1 2022
Magnet acquired Comae’s memory analysis tech to bolster its cyber incident investigation capabilities.
Shopify delivers $2.1 billion USD Deliverr deal to expand fulfillment network
Deliverr marks Shopify’s largest acquisition to date.
Shopify’s growth continues to slow in Q1 2022 as it reaches deal to buy Deliverr for $2.1 billion USD
Shopify misses analyst estimates, sees shares drop to a two-year low.