Clutch cuts staff to extend runway, citing market conditions
The layoffs follow a $100 million Series B secured in 2021.
With political turnover on the horizon, is the party over for Alberta tech?
Alberta tech stakeholders believe new government leadership won’t slow them down.
Federal government reveals plans for $443 million second phase of Pan-Canadian AI Strategy
Investments include a collective $60 million for Amii, Mila, Vector Institute.
Indigenous tech leaders talk progress at #CollisionConf and “long path ahead”
“Our ancestors really set the stage for us.”
As Apple moves to kill the password, 1Password CEO says he’s not worried
“Every time they’ve introduced something our business has gone up significantly.”
Bonsai has laid off around two-thirds of staff over last two months
The CEO cited market volatility despite Bonsai raising $21 million this year.
Body of missing Shopify exec Brett O’Grady found in Ottawa
O’Grady had been a Treasurer at Shopify since 2015.
After hiring freeze, Wealthsimple makes staff cuts
Approximately 13 percent of Wealthsimple staff are affected by the cuts.
Inovia raises $420 million CAD for fifth early-stage venture fund
Inovia’s Shawn Abbott says it’s a great time to be a well-capitalized VC.
Thin Air Labs secures $20 million in initial close of Prairie-focused venture fund
The Prairie tech firm has targeted $100 million for first fund.
Shopify shareholders approve increased voting power for CEO Tobi Lütke, 10-for-1 stock split
It’s still the Tobi Lütke show at Shopify.
Clearco expands to Germany while cutting staff in Ireland
The cuts come three months after Clearco promised to hire 125 people in Ireland.
Platform Innovation Centre promised $3.3 million in provincial, municipal funding ahead of official launch
The Centre is set to officially open on June 6.
Pine comes out of stealth to build “Wealthsimple for home buying”
Pine has secured $27 million since it was founded in 2021.
Worximity secures $14 million for smart factory analytics tech
Worximity part of the push towards the ‘Fourth Industrial Revolution.’