Layoffs persist at Canadian tech companies amid bleak outlook for 2023
FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn.
Canadian Startup News
Successful use of AI in government means doubling down on human and democratic values
UofT’s Peter Loewen says citizen trust in government AI use is “still a work in progress.”
Golden Ventures’ Matt Golden has advice for startups fundraising in a down market
Balance growth with strong unit economics. Make sure your financials are accurate.
KeyOps secures $4 million CAD to connect pharma sales, marketing staff with physicians
Healthtech startup to use funds for North American expansion.
Shopify’s Ria Bhavnani shares the company’s approach to pricing
“Maybe it’s more relevant in this market, but you should always be thinking about pricing.”
AltaML, Waabi, TrojAI among Vector Institute’s 20 Canadian AI startups to watch for 2023
The list was narrowed down from 150 startups.
Walnut Insurance secures $4 million CAD to help FinTechs deliver embedded insurance programs
Walnut has partnered with Neo Financial, Nuula to launch their insurance products.
Frate secures $2 million CAD to make e-commerce returns sustainable, cost-effective
“We turn customers’ houses into warehouses, and also fulfillment centers.”
The Upside Foundation appoints Juanita Lee-Garcia as new executive director
The Venture for Canada alum takes reins at “pivotal time” for Upside.
Does scaling your startup feel like constant chaos? Here’s what to do.
Founders need to know their ‘why’ and build systems to support their team.
Ferme d’Hiver raises $46 million CAD to replace 10 percent of Canada’s strawberry imports
Ferme d’Hiver aims to juice Canada’s domestic strawberry supply.
New BC innovation minister Brenda Bailey lays out how she plans to support province’s tech, innovation
Minister: “the most important thing in our tech sector … is people, and this government is very serious about continuing…
Shabodi closes $14 million CAD Series A to simplify 5G for developers
Shabodi aims to be to 5G what Stripe is to payment integrations.
Nesto raises $80 million CAD in Series C financing
The round was led by Power company IGM Financial.
Innovobot holds initial close of targeted $40 million fund to invest in “deep tech for good”
The fund has secured $14 million from entrepreneurs and family offices.