Loop Energy lays off majority of staff, citing challenging capital market conditions
byHydrogen fuel cell firm terminates 84 employees, shuts China office.
Burnaby
Cohere is the highest ranking Canadian startup on Bessemer’s top 100 deeptech companies
byThe OpenAI competitor is joined on the list by Nexii, Svante, and fellow Toronto firm Xanadu.
Clio’s Natalie Archibald on creating digital-first workspaces
byClio’s VP of People says approach offers more flexibility, inclusion for employees.
Legal tech startup Clio advances its FinTech play with launch of payments product in Canada
byClio claims to have processed over $1 billion USD in legal transactions.
D-Wave lists on New York Stock Exchange following close of SPAC deal
byD-Wave’s stock price jumped as much as 30 percent on opening day.
CFIN invests $338,000 into four Canadian projects related to food sector
byProjects in this cohort range from an automated tempeh incubator to upcycling produce.
Legaltech unicorn Clio now also a centaur after hitting $100 million USD in ARR milestone
byAmid glut of unicorns, Bessemer calls centaur status “true mark of an exceptional SaaS startup.”
Vybe Network raises $13.1 million CAD for Solana blockchain data infrastructure solution
byVybe aims to make it easy for anyone to access data on Solana.
Salesforce to acquire Traction on Demand
byTraction on Demand revealed little about the acquisition plans.
D-Wave hopes to raise $431 million CAD as it prepares to go public via SPAC
byQuantum computing startup aiming for a $1.5 billion valuation.
Hydrogen production tech startup Ekona Power closes $79 million Series A
byThe round was led by oilfield company Baker Hughes.
D-Wave increases European presence with quantum computer in Germany
byIn the race for quantum commercialization, D-Wave gets aggressive in Europe.
Clio doubles C-Suite with four new execs to support product, international expansion
byBurnaby-based legaltech startup Clio has expanded its executive team, bringing on former leaders from high-growth and public…
Clio expands into VC, FinTech with payments product, investment fund
byLegaltech startup Clio has announced the launch of Clio Payments and a new fund, as the Burnaby-based unicorn joins a growing…
D-Wave launches performance update to existing quantum computer, teases next-generation system
byD-Wave Systems Inc, a quantum computing startup, unveiled a performance update to its existing quantum system, as well as a…