Layoffs persist at Canadian tech companies amid bleak outlook for 2023
FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn.
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Golden Ventures’ Matt Golden has advice for startups fundraising in a down market
Balance growth with strong unit economics. Make sure your financials are accurate.
Shabodi closes $14 million CAD Series A to simplify 5G for developers
Shabodi aims to be to 5G what Stripe is to payment integrations.
Nesto raises $80 million CAD in Series C financing
The round was led by Power company IGM Financial.
Plooto closes $27 million CAD Series B to help SMBs manage cash flow
Plooto plans to double down on product-led growth strategy.
AI-driven investment startup Delphia acquires Fathom Privacy to increase transparency with user data
Users pool their data together through Delphia with the goal to improve investment strategies.
H|T: The Healthtech Times – Is this the solution to Ontario’s surgical backlog?
Plus: B.C. Medical Services Commission files court injunction against Telus Health.
Fintel Connect closes $4.8 million CAD to help financial institutions drive cost-effective growth
BankTech Ventures, EDC-backed Fintel Connect eyes US expansion.
A|I: The AI Times – Turing tested: ChatGPT is craaaazy
Plus: Private AI secures $10.7 million.
A|I: The AI Times – Unpacking 10 years of AI funding
Plus: Are we running out of data to train language AI?
Cross-border payments startup Buckzy takes the smart money in downscaled $19.5 million CAD Series A
In challenging market, Buckzy opts for smaller round to hit escape velocity in 2023.
S|W: The SaaS Weekly – What’s old is new again: Microsoft faces antitrust scrutiny
Plus: Google employees have a bad feeling mass layoffs are coming.
Wiseday enters Canada’s digital mortgage space with “instant” pre-approval process
Wiseday is led by RenoRun, Hopper, Ssense, Ubisoft, Nesto alumni.
FTX fallout could set back investment in Canadian crypto companies for years, experts say
“Gone are the days of not doing full due diligence.”
WeaveSphere’s 2022 Tech Titans list names 20 tech leaders in Canada
Weavesphere’s lists also tracked 30 developers under 30 in #CDNtech.