Canadian tech layoffs continue as tough year comes to a close
Properly, TealBook, D2L, League among latest firms to cut staff amid economic downturn.
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Nobul, Hopper top Deloitte Canada’s fastest growing startups lists for 2022
Annual survey of tech execs expresses concerns over access to capital, talent.
Canadian startup news of the week (11/13/22)
Plus: 1Password prepares to battle tech giants for passwordless future.
Hopper closes $96 million USD from Capital One at more than $5 billion valuation
Capital One became Hopper’s first B2B client in 2021 after leading its Series F round.
Market watch: Lightspeed, Nuvei increase revenues but reports lead shares to fluctuate
Lightspeed’s share price dropped after the report was tabled.
TouchBistro secures $150 million to move upmarket and pursue strategic M&A as it braces for more economic uncertainty
Amid looming recession and stiff competition, TouchBistro sets sights on growing efficiently.
Mogo at risk of being delisted from Nasdaq for sub-$1 USD share price
The Vancouver FinTech startup has 180 days to get over $1 USD.
Making future bets on Shopify, Wealthsimple & the metaverse
Come on the podcast, Tobi.
Blossom Social secures $750,000 to build “Canada’s first social brokerage”
Amid market downturn, CEO says community is “more important than ever” for retail investors.
H|T: The Healthtech Times – How VoxNeuro takes the subjectivity out of brain health assessments
Plus: Montreal’s Inversago raises $95-million to revive failed class of weight-loss drugs.
Float quadruples revenue YoY despite increased competition, choppy economy
CEO: “In terms of new entrants, we’re clearly the fastest-growing and the largest.”
Wealthsimple becomes first regulated Canadian crypto platform to offer staking
“We continue to push the boundaries…and have lots more in store.”
Manzil launches “the Halal version of Wealthsimple” for Muslim Canadians
Manzil aims to help Muslims balance financial needs and religious requirements.
Graphite Ventures appoints Omi Velasco as principal to lead Western Canada deals
Graphite now has local investment team members in Calgary, Waterloo, Ottawa, and Toronto.
Canadian startup news of the week (10/23/22)
Plus: Meet Alberta’s new innovation minister.