As Nasdaq delisting looms, asset management firm mCloud looks to go private
mCloud’s Nasdaq shares declined by 80 percent in the last year.
Canadian Startup News
“There’s a revolution in the wings”: Why Canada’s semiconductor industry needs an overhaul
Blumind co-founder says AI will consume the world’s energy if semiconductors don’t become more efficient.
List highlights 10 fast-growing, impactful SDTC-backed Canadian cleantech firms
Mara Renewables, MineSense, Ecopia AI crack the list alongside returnees Saltworks, Hifi, among others.
Caucus group launched to deal with emerging technology like AI, blockchain
Concerns over the pace of blockchain, artificial intelligence spur group to grapple with regulation and innovation
Ailing MCI OneHealth divests five clinics in Calgary to Well Health for $2 million
Well called the acquisition an excellent opportunity to expand to more providers in Alberta.
Tough Commerce raises $2 million to become Shopify for “complex” industries like construction
A former Shopify engineering lead joined Tough Commerce as investor, board member.
Energy management startup Peak Power raises $47 million CAD to expand across US
Peak Power to expand energy storage tech as new US tax incentive drives adoption.
Stathera closes $20 million CAD Series A to commercialize semiconductor timing tech
CEO: tech will help wearable IoT device manufacturers save space, simplify supply chains.
Withe raises $1.1 million in mission to address hospitality hiring challenges
The Vancouver-based software startup lists Marriott International as one of its users.
Shopify claims best conversion rates among checkout solutions on the market
Shopify said its overall conversion rate outpaces competitors by 36 percent.
Lightspeed Commerce makes gains in fiscal 2023, fourth quarter
Revenues up, losses down but Lightspeed shares slide on the market.
1Password launches passkeys for businesses as shift to passwordless picks up
1Password is among tech giants like Google and Apple leading the move to passkeys.
CVCA: Canadian venture capital continues to fall back to pre-pandemic levels
Canadian trends are in line with the US and global results.
Bloom raises $7 million to make applying for reverse mortgages easier
Bloom combines the use of an online registration form and live customer service.
