Nulogy raises $20 million to make collaboration easier for multiple companies in a supply chain
Nulogy is appealing trade secret misappropriation complaint against US client that was dismissed in 2022.
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Birdseye raises $500,000 to help Shopify businesses automate marketing strategies using AI
Birdseye’s platform generates marketing plans with step-by-step instructions.
Coveo taps former Lightspeed, D2L exec Brandon Nussey to replace retiring CFO Jean Lavigueur
Incoming Coveo CFO previously led Lightspeed’s TSX, NYSE IPOs.
After a tough year, Goodfood switches up CFO, promoting VP Roslane Aouameur
Aouameur’s strategic focus will be on profitability and positive cash flow.
R|T: The Retail Times – Washington prepares for war with Amazon
Plus: Rewind cuts staff as Shopify growth slows.
Carbon Neutral Club secures $1.4 million to incentivize employees to help companies meet climate targets
Startup sees employee action as missing piece for orgs looking to reduce emissions.
F|T: The FinTech Times – FreshBooks cuts 10 percent of staff to target profitability
Plus: Jack Dorsey’s Block accused of facilitating fraud.
Ontario budget gains kudos for streamlining procurement, increasing access to skilled talent
“Minister Bethlenfalvy and the Ontario government has listened to many of our members’ concerns.”
Rewind cuts 27 percent of staff as its growth slows in parallel to Shopify
Amid downturn, e-commerce slowdown, Rewind targets breakeven.
Alberta Innovates invests $30 million into Alberta Machine Intelligence Institute to spur research
New funding will attract investment and create jobs, says innovation minister.
Backed by Mark Cuban-led $2.4 million round, TransCrypts uses blockchain to help Ukrainian refugees access health records securely
TransCrypts is also expanding to help those impacted by earthquakes in Turkey.
Mercator AI raises $5.1 million CAD as it develops early project detection tool for construction
Mercator helps business developers find leads in construction projects faster using AI.
Vertu Capital closes first private equity fund with over $300 million
Led by ex-OMERS veteran Lisa Melchior, Vertu is Canada’s first woman-founded PE firm.
Symend reduces team by 25 percent in restructuring, four months after $54 million round
Latest cuts come after Symend laid off 13 percent of staff late last year.
S|W: The SaaS Weekly – Magnet Forensics proxy advisors split on takeover
Is Meta slowing down on Canadian hires post-layoffs?