Lightspeed surpasses $1 billion USD in revenue in fiscal 2025 but shares conservative outlook
Lightspeed posted nearly $54 million in adjusted EBITDA as it continues to execute transformation plan.
layoffs
Shopify debuts AI-based store designer as part of summer update
The e-commerce giant is revamping its features as rival Lightspeed readies its earnings.
Well Health says its healthy Q1 revenue is a symptom of Canadian growth
Vancouver healthtech expects Healwell AI stake to further boost its 2025 fortunes.
Healwell revenue more than doubled in Q1 2025 thanks to acquisition spree and AI
Toronto healthtech expects more strong quarters ahead thanks to Orion Health acquisition.
University of Waterloo-backed Velocity Fund II holds $14-million initial close
First VC fund backed by Canadian university endowment has deployed into five startups so far.
Healthtech leaders behind AlayaCare and Mimosa say Canadian procurement lacks transparency and risk appetite
Canadian tech lobbying group CCI argues Canada faces a wide breadth of procurement issues.
Propel has a record first quarter while Thinkific sees modest gains
The FinTech and edtech companies told two very different tales with their earnings.
General Fusion lays off staff, looks for funding as capital suddenly runs dry
Trade tensions and hesitant investors threw the company into uncertainty.
Dozr founding CEO Kevin Forestell moves to chair while Dave Frazier joins as president
Frazier brings combo of construction and tech experience to Kitchener-Waterloo scaleup.
How does an online car retailer survive a trade war?
Clutch found a new gear after a post-pandemic lull, just in time for tariffs to hit.
Online car retailer Clutch taps former Properly CEO Anshul Ruparell as CFO
Ruparell has spent the last year serving on Clutchâs board of directors.
Canadian tech makes federal election asks
Plus: BetaKit’s âMost Ambitiousâ issue launches in June.
Québec budget overhauls innovation tax credits, earmarks millions for tariff impacts
Early-stage investment-matching program Impulsion PME renewed under different mandate with $200 million in funding.
Government of Canada commits over $6 billion to help businesses weather trade war
EDC and BDC get a big boost to support businesses affected by tariffs and market uncertainties.
Thinkific created positive cash flow in 2024, but found GMV âheadwindsâ
EdTech company saw revenue jump in Q4 earnings as it ditched cost savings for growth.