Canalyst acquired by Chicago-based Tegus in massive BC tech exit
Sources say deal is north of $400 million CAD.
Canadian Startup News
Partnership with Mailchimp competitor Klaviyo marks Shopify’s second strategic investment in recent weeks
Recent SEC filing indicates Shopify may have invested $100 million USD in Klaviyo.
Aurora Hydrogen secures $12.85 million CAD from Shell, Chevron to build demonstration plant
Aurora is developing clean hydrogen tech without consuming water.
Wattpad’s new leader is focused on creator value
Wattpad President Jeanne Lam wants to help creators “become the next big hit.”
Spring Activator launches Women-led Impact Investor Challenge with Telus Pollinator Fund
The previous edition of the fund focused on healthcare, naming UVX Inc. as the winner.
QuadFi uses AI to make it easier for Canadian newcomers to obtain financing
The B Corp aims to give immigrants a boost with low-interest loans.
Three Developer/Engineer/IT-related jobs available now
Manifest Climate, Valeyo, and TalentMinded are hiring right now.
Converge Technology secures $500 million loan to continue acquisition spree
Converge to continue acquisition strategy in North America, Europe.
Frontier Collective to launch flagship summit for metaverse and Web3 leaders
Frontier wants to bring leaders from Adobe, LG, Microsoft to Vancouver.
Clearco cuts a quarter of staff amid “significant headwinds”
Clearco called the cuts “necessary” and “prudent.”
From seed to fork: building better food systems through impact investing
Sustainable food is about access and environmental impact.
Advertising tech startup Polar secures funding from Fort Point Capital, rebrands to Nova
Nova president: Polar pioneered the social display space.
BC securities regulator alleges Blok Technologies, former execs misrepresented share sale in 2018
BCSC claims Blok violated the Securities Act.
The Women Entrepreneurship Ecosystem Fund calls for new projects in order to dole out $40 million
The WES Ecosystem Fund has invested $100 million in 52 projects.
Portage Ventures rolls out new late-stage FinTech fund, aims to raise up to $1 billion USD
Amid downturn, Portage sees chance to fund FinTech firms reluctant to take valuation hit.