Mark McQueen thinks it’s a great time to have a chequebook
The President of CIBC Innovation Banking is not concerned about the current tech downturn.
Markets
Lightspeed expands systems integration with OpenTable
Lightspeed gives OpenTable a seat in its growing reservation platform network.
Shopify launches YouTube Shopping integration in latest social commerce push
New Shopify partnership lets customers press play and pay on YouTube.
Electric toothbrush startup Bruush files to go public on Nasdaq with $17.25 million IPO
Bruush agreed to pay Kevin Hart a fresh $1.5 million to be a celebrity endorser.
PitchBook projects VC deal value to drop, deal count to stay high as market cools
VC market shifts from founder-friendly “game of winning” to “game of picking.”
BBTV reduces workforce by 14 percent following revenue decline in Q1
Layoffs continue to sweep Canada’s tech sector.
WonderFi to become only Canadian-regulated crypto-trading platform listed on the TSX
Listing comes after WonderFi reduced its staff by between 15 to 20 percent.
Amid crypto crash, WonderFi makes case for long-term survival
Following Bitbuy acquisition, WonderFi has reduced staff by at least 15 to 20 percent.
Shopify shareholders approve increased voting power for CEO Tobi Lütke, 10-for-1 stock split
It’s still the Tobi Lütke show at Shopify.
Shopify finds conflict minerals in its third-party manufactured components
US, EU require conflict minerals reporting; Canada does not.
With Canadian tech IPOs on pause, private markets face a higher bar
The pendulum swings back to the private market.
Lightspeed turns NuOrder acquisition into new B2B supplier network
Lightspeed B2B “last step” in Lightspeed’s plan to turn bevy of acquisitions into new products.
Acquisitions drive revenues at Emerge Commerce and Plurilock Security
Both companies report revenue increases for the first quarter of 2022.
Lendified expressed doubts about moving forward as a company after posting first quarter loss
Lendified said it is running an accumulated deficit of $52.2 million.
Think Research sees 142 percent rise in Q1 revenue fuelled by acquisitions, “major contract wins”
Despite Omicron-related “setbacks,” Think Research sees strong Q1 revenue growth.