Shopify laying off 10 percent of staff
LĂŒtke: “Itâs now clear that bet didnât pay off.”
toronto
S|W: The SaaS Weekly â Introhive cuts staff, Contentsquare goes mammoth
Plus: Netflix coming to Vancouver with new acquisition.
GreenCentre Canada secures over $2.5 million from FedDev Ontario to launch cleantech accelerator program
Waterloo-based ALT TEX, Material Futures among startups selected to join the program.
Crypto custodian Balance completes SOC 2 audit to increase customer confidence
Balance joins growing list of crypto firms becoming SOC compliant.
F|T: The FinTech Times – The bottom fell out of Canadian FinTech
Plus: Former Coinbase manager arrested for insider trading.
Canadian startup news of the week (7/24/22)
Plus: Shopify presses play on YouTube, Lightspeed pairs well with OpenTable.
Tech-enabled fulfillment company Darwynn closes $20 million pre-seed round
Darwynn says its facilities take up less space and costs less to operate.
Introhive cuts 16 percent of workforce citing market conditions
CEO said the current environment makes it challenging to fund Introhiveâs high-growth strategy.
Why now is the time for Canadian startups to hire internationally
âThe more tech talent we can attract, the better it will be for the country.â
Following a record-setting first quarter, Québec venture funding eased up in Q2 2022
VCs are treading water as market tides change.
TransPod unveils âultra-high-speedâ FluxJet vehicle as it begins construction on proposed Alberta track
TransPod aims to offer transportation between Edmonton and Calgary thatâs âfaster than a jet and three times as fast as…
The bottom fell out of Canadian FinTech funding in Q2 2022
Q2 2022 saw a dramatic 70 percent drop in FinTech funding YoY.
Real estate auction platform Unreserved files $25 million lawsuit against real estate associations
Startup claims defamation and interference in Unreserved’s economic interests.
Oncoustics secures $5.5 million CAD to help spot liver disease using AI
Startup aims to âdecrease or eliminateâ need for high-end imaging, painful biopsies.
As Canadian venture funding lost steam in Q2 2022, Alberta tech continued to shine
With $268 million raised, Alberta set a new quarterly record for venture funding.