Shopify rolls out new employee compensation system to recruit, retain talent amid stock slump
Flex Comp took effect September 1, following a delay Shopify attributed to regulatory considerations.
Indigenous venture firm Raven Capital eyes US market as it secures $46 million for second fund
Fund II LPs include BDC Capital, Telus Pollinator Fund for Good, Vancity, Bank of America.
Ideon Technologies raises $21 million CAD Series A to fuel transition to low-impact mining and EVs
Ideon’s platform enables mining companies to “drill less and discover more.”
GrowerIQ closes $3 million seed round to help cannabis producers stay compliant
Cannabis ERP platform sees room to help growers meet “high” regulatory burden.
Led by ex-Vidyard employees, HyperComply wants to get rid of security questionnaires
After closing $6.4 million USD in January, HyperComply launched a product to automate due diligence.
Meet the five Canadian startups participating in Y Combinator’s Summer 2022 Demo Day
Smallest #CDNtech group since Winter 2019 features four Toronto companies and one from Edmonton.
FreshBooks appoints Wayne Jackson as CFO to support global expansion, M&A plans
FreshBooks aims to tap Jackson’s acquisition and public markets experience.
Shopify plans to contest $40 million Express Mobile patent infringement verdict
Express Mobile has also sued Google, Meta, and Amazon for infringing its patents.
Ripple Ventures promotes Dominic Lau to partner as it preps for next fund
Ripple’s first hire, Lau founded firm’s startup and investor fellowship program.
Clearco hands overseas business to Outfund to focus on North American market
The market exit comes less than a year after Clearco began expanding its international operations.
LumiQ raises $5 million to expand CPA training podcast platform to US
LumiQ aims to build on “tremendous” pandemic growth since pivot to podcasts.
1Password shuffles C-suite, with CPO replaced and CMO to depart
Exec changes come as 1Password tracks slightly below its revenue growth targets.
Jombone closes $3.3 million to modernize the blue-collar staffing industry
Jombone aims to offer businesses an alternative to incumbent staffing agencies.
Q4 Inc. lays off eight percent of staff to accelerate “path to profitability”
Restructuring impacts the company’s sales, marketing, R&D teams.
Innovacorp venture fund manager Andrew Ray leaves org following announced merger with Nova Scotia Business Inc.
Ray oversaw Innovacorp’s VC activities, served on LeadSift, Swarmio, Proposify boards.