Thinkific CEO describes layoffs as effort to preserve cash amid tough capital-raising environment for public companies
Company’s share price has risen 13 percent since layoffs were announced.
toronto
Evok Innovations targets cleantech investments with first close of $300 million USD Fund II
LPs in Fund II include Export Development Canada, RBC, and TD.
With Series A funding, Manifest Climate can scale approach to helping companies see climate change as a strategic issue
The $30 million round will help Manifest reach new markets.
PocketHealth secures $20 million CAD to put medical records in US patients’ pockets
PocketHealth wants to help users access, share, and understand medical imaging.
R|T: The Retail Times – Wealthsimple goes shopping
Plus: MaxSold raises $16.1 million to expand online auctioning platform.
Canadian startups in Y Combinator tie all-time high at Winter 2022 Demo Day
For the second time, 16 Canadian startups participated in a YC cohort.
Bonsai closes $21 million to scale embedded commerce solution for publishers like BuzzFeed, Vox
CEO says focus on net-new GMV sets Bonsai apart from competition in the checkout field.
A|I: The AI Times – Ford to the future
Plus: NYT calls Toronto a “quietly booming tech town.”
Following 2021 losses, Thinkific to lay off 100 employees
Layoffs to impact one-fifth of Thinkific’s 499-person team.
Meta to hire up to 2,500 workers in Canada, open engineering hub to build metaverse
Meta said Toronto will play an important role in creating the metaverse.
Telus Health continues Canadian healthtech acquisition spree with Sprout
Telus Health previously planted money into Sprout in 2015.
TransPod awaits government consent to secure $688.2 million CAD for proposed high-speed line between Edmonton and Calgary
If Alberta government fails to commit, TransPod’s CEO said he’ll move the project elsewhere.
theScore is ready for mobile sports betting to come to Ontario
After two years of away games, theScore is set to launch its Canadian-developed sports betting platform on home turf.
Cybersecurity certifications are the prenups of the business world
Before saying ‘I do,’ orgs need the right certification to guarantee a match made in heaven.
Uber Eats alum, Top Chef finalist secure backing for Spatula Foods to serve Canadians flash-frozen gourmet meals
HelloFresh, Goodfood alum backed the pre-seed round.