Legible sees more execs depart in restructuring as company eyes private placement for liquidity
In recent weeks, Legible has laid off 23 employees and lost its CTO, CFO, CRO, and CPO.
Canadian Startup News
Netcoins user walks away with an estimated $1.58 million after software vulnerability
Netcoins’ parent company is attempting to track down the missing cryptocurrency.
Requity Homes closes $1.2 million to expand rent-to-own home ownership model to Western Canada
Requity wants to apply what Divvy Homes and Landis are doing in the US to Canada.
Hootsuite appoints former Mailchimp exec as CPO, as Wealthsimple snags Snap VP as COO
Natalia Williams and Radhika Kakkar join Hootsuite and Wealthsimple as both companies expand their offerings.
Volta opens applications for second Scale AI-supported supply chain program
Scale AI also works with innovation hub MaRS on a supply chain program.
Dialogue to acquire UK-based Tictrac for up to $56 million
Dialogue’s largest acquisition continues company’s pre-and-post-IPO spree.
Plooto wants to solve the problem keeping entrepreneurs up at night
Following pivots and product-market fit, Plooto launches new feature as it preps for prime time.
Emma closes $6 million Series A to take online insurance products across Canada
When Emma expanded from a broker to building its own insurance products, “everything started clicking.”
Alberta launches new innovation strategy focused on attracting tech talent, capital
Plan contains minimal details on how budget funding will be allocated.
Hookdeck raises $2.65 million CAD to connect the information that “rules the web”
Technical staff from Shopify, Gorgias, Checkout, and Designstripe all invest in Matrix Partners-led round.
Boxhub closes Delivery Hero CEO-led $2.7 million seed round
Boxhub aims to make the buying and selling of shipping containers as easy as booking a hotel.
What businesses are getting wrong about SR&ED tax credit claims
Mistakes and lack of planning cost businesses hundreds of millions of dollars a year.
MeetAmi secures $36.5 million to help wealth management firms navigate digital assets
MeetAmi looks to relieve the pressure wealth management firms are feeling amid the crypto boom.
Wavy raises $2.5 million to combat remote work, burnout, talent churn
Beer tastings? Yoga? Wellness workshops? There’s a Wavy experience for that.
VentureLab secures $2.5 million in provincial funding to expand semiconductor incubator
Funding enables VentureLab to build a new medtech lab in Vaughan.