ApplyBoard announces leadership switch-up, with founding CEO replaced by brother
ApplyBoard quietly replaced CEO with its CMO last summer.
Kitchener-Waterloo
Darwin AI secures $8.1 million CAD to improve efficiency of electronics manufacturing
CEO says the global shortage of semiconductors and PCBs “favour disruption.”
Layoffs persist at Canadian tech companies amid bleak outlook for 2023
FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn.
Google opens applications for fourth Startups Accelerator Canada cohort
Helcim, MintList, were among participants of the previous group.
ApplyBoard cuts back customer experience department
Layoffs impact six percent of ApplyBoard’s workforce.
Eight Canadian universities land in PitchBook’s 2022 top 100 schools for founders
The University of Waterloo keeps top spot for Canadian schools.
Canadian tech hubs not immune to downturn as Communitech lays off 10 percent of workforce
Innovation hub sees second significant staff reduction since 2019 provincial budget cuts.
Acerta closes $10.4 million CAD Series B to help automakers like Nissan and GM build car parts more efficiently
Acerta puts pedal to the metal and targets North American, European expansion.
Canadian tech layoffs continue as tough year comes to a close
Properly, TealBook, D2L, League among latest firms to cut staff amid economic downturn.
Federal government invests $2.4 million in P&P Optica to help meat processors automate food safety
PPO’s systems can detect and remove objects like plastics, rubber from food.
Report: Vancouver, Toronto saw greatest high-tech job growth in North America over the last two years
Montréal ranked fifth, while CBRE named Waterloo, Ottawa, Calgary markets to watch again.
Report: Atlantic Canada 10th strongest blue economy startup ecosystem globally
Vancouver closely follows at 14th, with Calgary 27th, and Toronto-Waterloo 35th.
Waterloo Region venture deal volume continued to slump in Q3 2022
Early-stage deals were nowhere to be found. So what comes next?
Auvik acquires international SaaS firms Saaslio, Boardgent
The acquisitions follow Auvik securing $312 million from majority shareholder Great Hill Partners.
Shinydocs, Encircle, Proto receive cumulative $7.5 million from FedDev Ontario
The investment into the three Kitchener-Waterloo startups is expected to create 75 jobs.