RocketRez closes $20 million CAD Series B to fuel European tourism expansion
CEO: “We’re a little company in Manitoba taking on the world.”
layoffs
F|T: The FinTech Times – Stripe’s path to IPO
Plus: Blockstream lands $125 million.
Tech-related roles dominate Indeed’s best jobs list in Canada for 2023
Data engineers still in demand despite downturn-induced layoffs.
Canadian startup news of the week (1/29/23)
Plus: Another Shopify C-suite exec departs.
Can Amber Mac explain WTF is happening in tech right now?
Not quite the best start to 2023 for tech.
Smile Digital Health secures $30 million Series B to expand AI, machine learning capabilities
LinkedIn posts indicate Smile Digital Health quietly let people go last year.
A|I: The AI Times – Microsoft wants OpenAI everywhere, Google calls in reinforcements
Plus: Is Tesla’s autopilot ‘overhyped’?
S|W: The SaaS Weekly – Hootsuite swaps CEOs amidst third set of staff cuts
Plus: Magnet Forensics gets acquired in $1.8 billion CAD deal.
H|T: The Healthtech Times – How Tomi Poutanen is using AI to tackle Canadian healthcare
Plus: Teladoc Health lays off 300 staff.
Spinout Traction Complete standing on its own with new $6.7 million CAD Series A, big-name clients
Startup will stay in the family business after ex-parent Traction on Demand’s acquisition by Salesforce.
F|T: The FinTech Times – A Clearco co-founder resigns as CEO, again
Plus: the end of an era for crypto’s pseudo-banks.
Investor liquidity issues are putting the squeeze on Canadian startups
In the worst tech downturn in more than a decade, some LPs aren’t honouring capital calls from Canadian VCs. It’s killing…
Canadian startup news of the week (1/22/23)
Plus: Vidyard eyes $1 billion in revenue.
Front-end, back-end, full-stack developers needed across Canada
Clio, Busbud, Ceridian, and Global Relay all looking to hire.
H|T: The Healthtech Times – Carbon Health cuts staff, closes $100M
Plus: LeanTaas and Hospital IQ join forces.