Alphabet company DeepMind shutters Edmonton site as part of Google layoffs
DeepMind said it’s maintaining its other Canadian locations in Montréal, Toronto.
Canadian Startup News
Tiny enters deal to go public on TSXV through merger with WeCommerce
Tiny created WeCommerce in 2019 to acquire Shopify partner businesses.
Tenstorrent swaps CEOs as Apple, AMD, Intel alum takes helm of AI chip unicorn
Tenstorrent founder becomes CTO as company also hires ex-Google director as COO.
Fintech Cadence, Atlantic FinTech partner to create national reach
Partnership hopes to unify FinTech clusters across the country.
Spinout Traction Complete standing on its own with new $6.7 million CAD Series A, big-name clients
Startup will stay in the family business after ex-parent Traction on Demand’s acquisition by Salesforce.
Investor liquidity issues are putting the squeeze on Canadian startups
In the worst tech downturn in more than a decade, some LPs aren’t honouring capital calls from Canadian VCs. It’s killing…
Québec to house IBM quantum supercomputer as Xanadu secures $40 million from feds
PINQ² will operationalize the quantum supercomputer this year.
Delphia places co-founder on leave over sexual assault allegations, lawsuit from former employee
Plaintiff: “I feel hurt and betrayed by Delphia’s co-founders.”
StoryTap founder Bernadette Butler on how she overcame the “shocks” of entrepreneurship
How Butler transitioned from telecom manager to startup founder.
Front-end, back-end, full-stack developers needed across Canada
Clio, Busbud, Ceridian, and Global Relay all looking to hire.
Harvest Builders, Headversity, among 15 recipients of $25.5 million PrairiesCan investment for Calgary businesses
The funding is expected to support over 800 jobs in healthtech, cleantech, other sectors.
TSX-listed Magnet Forensics to be acquired by Thoma Bravo in $1.8 billion CAD deal
Announcement comes hours after IIROC halted trading of Magnet’s shares.
Alberta Innovates’ Bryan Helfenbaum on the future of energy in Canada
Executive director says clean tech can help maintain prosperity while driving toward a net-zero economy.
Summit Nanotech secures $50 million USD to scale lithium extraction for EV production
The Calgary startup aims to build the “lithium mine of the future.”
Benevity cites lower than expected customer demand as cause for 14 percent layoffs
Benevity joins Hootsuite, Lightspeed, Clutch, Clearco in significant staff cuts.