layoffs

Canadian startup news of the week (5/29/22)

Plus: Wealthsimple among international group of companies joining anti-money laundering crypto standard.

Plus: A timeline of Elon Musk’s takeover of Twitter

Plus: Round13 launches new Web3 fund with initial $70 million USD.

Lightspeed’s fourth-quarter revenue grew by 78 percent year-over-year.

What can a social media account tell us about our elected representatives?

Plus: Certn raises $65.1 million CAD to scale background check tech beyond Canada.

Plus: OMERS Ventures’ Damien Steel wants you to stop reading tech headlines.

Plus: Tailscale makes corporate VPNs as easy as ABC.

Magnet acquired Comae’s memory analysis tech to bolster its cyber incident investigation capabilities.

Amid a sea of top-down network security solutions, Tailscale’s bottom-up approach is paying dividends.

Plus: Bonsai lays off a third of employees shortly after $21 million Series A, citing shift to growth strategy.

CEO says the move is about restructuring to focus on customer acquisition.

Plus: Impression Ventures secures $64 million for fourth fund, continues to bet on seed-stage FinTech.

Plus: Beanstalk cryptocurrency project robbed after hacker votes to send themself $182 million.

Plus: The problem keeping entrepreneurs up at night.