Amazon wonât confirm how many Canadians impacted by forthcoming 9,000 employee layoffs
Worldwide cuts will impact AWS, PXT, advertising, and Twitch teams.
vancouver
Proptech startup Operto raises $34.4 million CAD to open the door to new markets, literally
Operto eyes bringing its electronic check-in and check-out experience to more hotels.
BC government extends tax credit for digital media companies to cut employment costs
Minister of Innovation says tax credit will help nearly 250 companies in the province.
Shinydocs raises $16.25 million to make it easier to find buried files, media, documents
Shinydocsâ platform automates information management for organizations.
A|I: The AI Times – Embark Trucks explores liquidation, AI beer invades Alberta
Plus: How the Silicon Valley Bank shutdown might impact Canadian tech
R|T: The Retail Times – Amazonâs belt-tightening is causing concerns
Plus: Uber rumoured to spin off freight division.
Applications now open for the 2023 New Ventures BC Competition
Participants stand to win over $250,000 in prizes.
Sanctuary marks first commercial test of âhuman-likeâ robots in Markâs clothing store
The robot can pick and pack merchandise, fold, and label items among other tasks.
Zenhub closes $10 million to make platform for managing software projects more accessible
Yaletown-backed Zenhub aims to take the silos out of software development.
Yaletown Partners hits $200 million final close for Innovation Growth Fund II
Yaletown saw four exits in 2022, including Tasktop, Circle Cardiovascular Imaging.
R|T: The Retail Times – The Shopify divide: manager or crafter?
Plus: Amazon pauses long awaited construction
Daily Blends raises $2.7 million CAD, signs Metrolinx deal to deploy smart vending machines
Healthy vending machines are coming to public transit stations, college campuses across Canada.
Loopio, Reelhouse co-founders launch Barley to help make employee compensation easier, more equitable
Golden Ventures-backed Barley has raised $5.4 million CAD to date.
Adaptis secures $2 million CAD to help building owners move to net zero with AI
âUsing deep tech to do deep decarbonization is really where we think the gap is.â
Canadian startup news of the week (3/05/23)
Plus: Canadian VCs had second highest year on record.