Waterloo Region deal volume has been tanking steadily since 2019. Could undisclosed deals be partly to blame?
Off-the-record raises may be painting an incomplete picture of the ecosystem, investor says.
layoffs
Solink secures $60-million USD Series C and backing from Goldman Sachs to become cloud video surveillance leader
As the security market shifts to cloud, Solink looks to scale.
Impact of Canada’s H-1B visa talent grab may go well beyond 10,000 applicants
Taking aim at “broken” US visa program was “best marketing Canada has ever done”: lawyer.
Canadian tech unicorns Ada, Clio, Lightspeed among first cohort of Canada’s Global Hypergrowth Project
Canada aims to take companies from $1-billion ‘unicorn’ valuation to $1-billion in annual revenue.
These two Canadian cities added 115,000 tech jobs in the last five years
Plus: BC and Toronto venture funding bounced back in Q2 2023.
Bold Commerce reveals product that allows retailers to add checkouts to video and email
CEO says Checkout Unleashed eliminates “middleman” product pages.
Toronto and Montréal added the most tech jobs in Canada in the last five years: Report
Ottawa’s tech talent concentration is higher than San Francisco’s Bay Area, CBRE says.
Here’s how much Canada’s top public tech company CEOs were paid last year
Shopify, OpenText, Telus, CGI, Descartes Systems Group, and Constellation Software all made the list.
F|T: The FinTech Times – WonderFi completes three-way merger in landmark Canadian crypto deal
Plus: Dapper Labs makes third round of layoffs, Revolut loses $20M to theft.
Canada attracts 30,000 tech workers, BDC wants Thrive co-investment partners
Plus: Shopify is building entrepreneurs an AI Sidekick.
S|W: The SaaS Weekly – Dye & Durham accuses startup rival of ripping off its software
Plus: Vantage Circle and Eventcombo are moving HQs to Calgary.
F|T: The FinTech Times – Binance unravelling, Kraken founder investigated by FBI
Plus: Mastercard’s new AI tool helps British banks tackle scams.
Restructuring is here for Canadian startups as VC funding dries up
Plus: Two global SaaS firms relocate HQs to Calgary.
Tiptap and Omnirobotic pursue restructuring after startups fail to raise additional funding
As VC financing has dried up, a growing number of Canadian tech firms are running out of cash.
H|T: The Healthtech Times – Iodine Software teams up with OpenAI on AI tech for hospitals
Plus: DOJ charges 78 in sweeping $2.5B healthcare fraud takedown.