Tech layoffs drag down the dog days of summer
Plus: John Ruffolo on where the silver linings are.
toronto
Canada may lead the US on workplace flexibility, but thereâs a catch
Plus: Five Canadian tech roles to apply for today.
Humi co-founderâs nuclear power venture closes $27-million USD Series A
Aalo Atomics, led by Matt Loszak, wants to reduce the cost of nuclear energy.
Knox Custody founders close $1.8 million CAD to launch borderless Bitcoin payments with Tmrw
Maple VC-backed, Canadian-founded startup is targeting the Caribbean market to start.
Social Finance Fund-backed Boann reveals first investments in Canadian impact funds
Portfolio includes Active Impact, BKR, Cycle H2O, InvestEco, Raven, Renewal, Sandpiper, Spring, The51.
MolecuLight closes $11.7 million in Series C financing for market expansion
Startupâs devices use fluorescent light to spot elevated bacteria levels in wounds.
European online car marketplace AutoScout24 agrees to purchase AutoTrader parent from Thoma Bravo
Price was not disclosed, but deal to acquire Trader Corporation is expected to close in Q4 2024.
Cardata names Haywood Marsh CEO as Canadian tech executive turnover continues through the summer
Convictional, Stocksy, Sernova, and more also bring on new CEOs.
Canadian entrepreneurs get new incentives, but what about their employees (and investors)?
Plus: Paper cuts, Radical raises, and ezBtc caught gambling.
Sampler files for bankruptcy
Documents show digital product sampling startup has nearly $13 million in liabilities.
Well Health plans to spin out, publicly list SaaS and services business in 2025
Founder and CEO Hamed Shahbazi said spin out will unlock âsignificant shareholder value.â
Radical Ventures launches $800-million USD AI growth fund
New fund marks Toronto-based Radicalâs first that focuses on later-stage AI companies.
IRCC takes over sole administration of Start-up Visa Program from NACO, CVCA
IRCC chooses not to renew contracts with industry associations responsible for vetting SUV delivery organizations.
Kraken appoints Alex Mehrdad as new leader of crypto exchangeâs Canadian operations
Mehrdad succeeds Mark Greenberg, who was recently promoted to a new global role.
Targeted by activist investor, Bitfarms chairman and co-founder Nicolas Bonta steps down
The board shakeup follows Bitfarms adopting a second âpoison pillâ after its first was struck down.