US private equity firms make $300 million CAD strategic investment in Fullscript
A pair of American private equity firms have agreed to invest $300 million CAD ($240 million USD) in Ottawa-based healthtech…
Retail
R|T: The Retail Times – Ecobee’s new owner
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe. Subscribe to R|T using…
Shopify, Ledger dodge class action as California court dismisses 2020 data breach lawsuit
A California court has dismissed a proposed class-action lawsuit against Shopify and Ledger over a 2020 Shopify data breach…
Calgary, the city that offered to fight a bear for Amazon HQ2, gets new Amazon data centre
Amazon Web Services (AWS), the IT service management arm of tech giant Amazon Inc., is set to open an infrastructure region…
Ikea’s investment arm buys into Bolt Logistics as part of Series B round
Bolt Logistics (formerly Second Closet) has had a lightning-fast year, finding its niche in fulfillment and last-mile logistics,…
Coveo latest Canadian tech company to file for TSX IPO
Québec City-based artificial intelligence (AI) retail tech startup Coveo has filed to go public on the Toronto Stock Exchange…
Lightspeed posts record revenues in second quarter of fiscal 2022
Lightspeed announced total revenues of $133.2 million USD (165.4 million CAD), for its second quarter 2022, an increase of…
R|T: The Retail Times – Sonder’s lowered expectations
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe. Subscribe to R|T using…
D2L, E Automotive make their Toronto Stock Exchange debuts
Two Canadian tech companies, D2L and E Automotive, began trading on the Toronto Stock Exchange (TSX) today. Kitchener-Waterloo-based…
US proptech Opendoor plots Canadian hiring expansion, aims to add 100 engineers
San Francisco-based real estate tech firm Opendoor is planning to hire around 100 product development engineers in Canada by…
Sonder lowers valuation expectations for SPAC deal amid market conditions
As part of its reverse takeover deal, travel tech company Sonder has changed its valuation from its original estimate of $2.2…
Lightspeed continues e-commerce push with product developed through Ecwid acquisition
Lightspeed has launched a newly updated e-commerce product built on the integration of its acquisition of Ecwid. Founded in…
Shopify increases revenues and gross profits, posts operating loss in Q3 2021
Shopify posted total revenue of $1.12 billion, up 46 percent year-over-year as it announced its third-quarter results for 2021.…
R|T: The Retail Times – E Automotive revs up
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe. Subscribe to R|T using…
Hootsuite plans to IPO before Christmas, raise $200 million on TSX
Hootsuite is finalizing its preparations to go public on the Toronto Stock Exchange before the end of the year, BetaKit has…