Meta mass layoffs hit Canada less than a year after major expansion plans
Canadian teams affected include client relations, human resources, among others.
Canadian Startup News
As demand booms and recession looms, Busbud acquires fellow Canadian travel tech startup Betterez
After partnering up for years, Busbud has brought Betterez’s back office platform for transit players in-house.
Ontario Teachers-backed FTX plans sale to competitor Binance following liquidity crunch
Ontario Teachers isn’t the only Canadian pension fund to be burned by a bad crypto investment.
Wyvern raises $9.45 million CAD in seed-plus round
Satellite imaging startup begins countdown to inaugural launch.
OSF Digital acquires UK-based Oegen in its drive to become “biggest Salesforce integrator”
The acquisition opens up UK financial services sector to OSF.
Federal government invests $2.4 million in P&P Optica to help meat processors automate food safety
PPO’s systems can detect and remove objects like plastics, rubber from food.
Hopper closes $96 million USD from Capital One at more than $5 billion valuation
Capital One became Hopper’s first B2B client in 2021 after leading its Series F round.
QueerTech launches hybrid conference for 2SLGBTQS+ tech
Named QT Qonference, the event will take place from November 10 to 11.
Q4 Inc. CEO confident in 2023 profitability despite continued slow growth
M&A, delistings, frigid IPO market have impacted Q4 Inc’s customer retention, expansion.
CCI laments lack of detail on SR&ED, innovation agency as feds share economic update
Fall Economic Statement indicates projects are underway, but not at a pace the innovation community likes.
OnCall Health acquired by US-based SaaS provider Qualifacts
Prior to its acquisition, OnCall has raised around $10.5 million CAD.
Twitter’s mass layoffs hit Canadian office
Unknown at this time how many Twitter Canada employees were affected.
How startup CFOs can prepare for their rapidly changing role expectations
CFOs need to focus on facilitation, fairness, and future technology.
Report: Vancouver, Toronto saw greatest high-tech job growth in North America over the last two years
Montréal ranked fifth, while CBRE named Waterloo, Ottawa, Calgary markets to watch again.
Market watch: Lightspeed, Nuvei increase revenues but reports lead shares to fluctuate
Lightspeed’s share price dropped after the report was tabled.