Lightspeed exceeds fiscal Q3 revenue, profitability targets but company’s shares still slide
Growth will be Lightspeed’s “top priority” in the coming year, says CEO.
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Northleaf Capital Partners completes final close of $285-million CAD growth equity fund
The technology and healthcare-focused fund surpassed its $269-million CAD target.
R|T: The Retail Times – Amazon wants Rufus to shop with you
Plus: Shopify unveils term loans, lines of credit for merchants.
A|I: The AI Times – AI is expensive. Cue the M&A.
Plus: Canada and UK sign memo on AI compute power.
Blockchain startup Hivello raises $3.3 million CAD in pre-seed funding
Hivello wants to democratize access to Web3 projects.
Wealthsimple surpasses combined $200 million for venture, private credit, equity funds
The FinTech firm’s trio of alternative investment funds have seen demand from retail investors.
Q4 Inc. delists from TSX as Sumeru Equity Partners buyout closes
Just over two years after TSX IPO, Q4 Inc. becomes the latest Canadian tech company to go private.
F|T: The FinTech Times – Block and PayPal cull staffers in latest tech layoffs
Plus: Koho wants a licence to compete.
Koho wants to be the new bank on Bay Street
Plus: C100 CEO is out after less than two years in role.
These three SaaS companies are hiring developers, engineers in Canada
Software developers remain one of the country’s most in-demand roles.
H|T: The Healthtech Times – $135M CBIV fund, Femtech Canada put women’s health in the spotlight
Plus: Tech chases ‘Plan A’ as demand for male fertility services grows.
R|T: The Retail Times – How Shopify goes after enterprise brands
Plus: eBay and Flexport plan more staff cuts.
Exro to acquire California-based SEA Electric in $332-million CAD EV-tech deal
Exro said deal provides it with “a defined path” to profitability.
A|I: The AI Times – Ex-CPPIB chief wants to raise $500M USD AI growth fund
Plus: the free tool that ‘poisons’ AI models.
Tokens.com blazes in asset sale to StoryFire
The Web3 business has also put its domain up for sale.