Loop Energy lays off majority of staff, citing challenging capital market conditions
Hydrogen fuel cell firm terminates 84 employees, shuts China office.
toronto
Pollin Fertility raises $20-million CAD Series A led by David Thomson’s Osmington Inc.
The raise highlights a recent flurry of rounds in the fertility space.
R|T: The Retail Times – Waabi partners with Uber Freight, Instacart debuts big IPO
Plus: Shopify scores big off of Klaviyo IPO.
Wealthsimple to join Interac e-transfer system under expanded access guidelines
Wealthsimple becomes first securities dealer to join Interac’s service, but yearns for RTR payment system.
Cognota closes $5.5-million USD Series A to make corporate LearnOps a thing
With a new name, product, and fresh capital, Cognota eyes growth.
A|I: The AI Times – John Grisham, George R.R. Martin headline OpenAI’s latest copyright fight
Plus: ALL IN to showcase Canada’s AI at major conference.
Elevate announces CIX acquisition and new $2-million innovation challenge for youth mental health
Elevate kicked off this year’s tech and innovation festival on its main stage by announcing its acquisition of the Canadian…
Homecare Hub secures $3.4 million CAD in seed funding for its Airbnb-style senior care platform
Toronto-based senior care startup will use funding to begin expansion to US market.
Luge Capital looks to buck FinTech trends with $71-million CAD first close of new fund
FinTech-focused firm targets $100-million fund and expanded team across Canada.
S|W: The SaaS Weekly – 1Password hits $250M ARR on the back of B2B growth
Plus: Cisco buys Splunk, Klaviyo shares soar post-IPO.
UK-based Captain AI will relocate to Canada after closing $2.1 million USD to serve restaurants in North America
GreenSky, Techstars-backed Captain AI already caters to Pizza Pizza.
F|T: The FinTech Times – Jack Dorsey is back at the head of Square
Plus: Moneris goes down, Netcoins get breached (again).
Raquel Urtasun reunites with Uber in autonomous trucking partnership
Plus: 1Password hits $250M ARR on the back of B2B growth.
As 1Password hits new revenue milestones, CEO Jeff Shiner touts B2B growth
B2B revenue growth has driven 1Password to $250 million ARR.
These companies are hiring software engineers to work on machine learning in Canada
Thomson Reuters, Procom, and Ripple are looking to hire machine learning experts across the country.