S|W: The SaaS Weekly – The UWaterloo experts building quantum-safe cybersecurity
Plus: Google pays $118 million for underpaying women.
toronto
With opening night, #CollisionConf is just happy to be back
The vibes were strong and the questions were soft.
Bonsai has laid off around two-thirds of staff over last two months
The CEO cited market volatility despite Bonsai raising $21 million this year.
MaRS, KPMG Canada partner to launch Climate Impact Accelerator
The accelerator aims to connect corporations with cleantech startups to advance climate innovation.
F|T: The FinTech Times – Wealthsimple, Coinbase, WonderFi make staff cuts
Plus: Wave CEO Kirk Simpson to step down three years after acquisition by H&R Block.
Canadian startup news of the week (6/19/22)
Plus: Inovia raises $420 million CAD for fifth early-stage venture fund.
BBTV reduces workforce by 14 percent following revenue decline in Q1
Layoffs continue to sweep Canada’s tech sector.
FTX buys registered crypto trading platform Bitvo to expand into Canada
Bitvo is one of the few Canadian crypto companies registered as a restricted dealer.
Collision’s Paddy Cosgrave talks Shopify, tech downturns, and meaningful connections
Unpacking a sophisticated global perspective on Canadian tech.
Collision unveils 28 Canadian startups shortlisted for pitch competition
Collision expects to see 35,000 attendees in-person after two years of being online.
Plobal Apps raises $8.5 million in Bessemer-led round to scale mobile e-commerce app for Shopify merchants
With $14 million in total funding, Plobal wants to go global.
M&A likely to be a significant driver of value for Canadian tech firms in 2022
PwC data finds Canada’s growth in M&A last year was in step with a global surge.
New analysis identifies 35 Canadian tech companies on path to $1 billion in annual revenue
List points to startups like ApplyBoard, Benevity, Clio, FreshBooks, RenoRun.
Altrio secures $8 million to double headcount, bolster real estate investment software
Altrio claims its users include two of the world largest real estate investors.
WonderFi to become only Canadian-regulated crypto-trading platform listed on the TSX
Listing comes after WonderFi reduced its staff by between 15 to 20 percent.