Paper CEO Phil Cutler out, startup cuts 45 percent of HQ staff and all Canadian tutors
Startup sees fourth round of layoffs within a year as EdTech veteran Rich Yang becomes interim CEO.
layoffs
Sampler files for bankruptcy
Documents show digital product sampling startup has nearly $13 million in liabilities.
Marketing platform MaxBounty acquired by German ad firm Mrge
MaxBounty is the second Canadian company acquired by a Mrge in just over a year.
Is Canadian FinTech making a comeback?
Plus: Vancouver says goodbye to INNOVATEwest after welcoming Web Summit.
National Bank reinvests as Walnut secures $4.6 million to expand embedded insurance capabilities
Telus, Diagram, Portage back Toronto insurtech startup’s platform development plans.
Dax Dasilva wants his bonus
Plus: More money on the table for diverse founders.
Why Clio didn’t IPO
Plus: The largest Series A raised by a Black female founder in Canada.
Why has developer hiring slowed?
The BetaKit Podcast answers your Canadian tech questions for our 350th episode.
Looking for a job? Try a company that makes money
In the face of mass layoffs and long hiring cycles, Carbon6 wants to attract candidates with stability.
Cohere lays off five percent of staff a day after announcing $500-million USD Series D
Toronto generative AI startup cuts around 20 employees as part of “internal realignment.”
Predicting the perfect VC vintage
Plus: We survived CrowdStrike.
Ex-DeepMind researchers secure $17 million CAD to bring generative AI to video games with Artificial Agency
Toyota and Radical-backed startup aims to transform NPCs, game systems with AI.
PathFactory acquires fellow B2B marketing platform Uberflip in stock-for-stock deal
PathFactory says the combined entity’s customer list includes firms such as Nvidia, Amazon, and Thomson Reuters.
Summer camp for Canadian tech
Plus: Vena becomes Canada’s latest centaur.
GPs and LPs at Startupfest expect gradual recovery with 2024 on pace to be worst for Canadian VC in a decade
Industry leaders expect more turnover, fundraising challenges for emerging managers.