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.
SaaS
Q4 Inc. CEO confident in 2023 profitability despite continued slow growth
M&A, delistings, frigid IPO market have impacted Q4 Inc’s customer retention, expansion.
Twitter’s mass layoffs hit Canadian office
Unknown at this time how many Twitter Canada employees were affected.
Audette raises $12.8 million CAD to ‘level up’ decarbonization of buildings
The Victoria-based startup plans to expand from five to 150 North American cities.
1Password acquires Texas-based Passage to fuel push into passkeys
1Password envisions a future beyond passwords.
Hootsuite makes additional staff cuts following August layoffs
August cuts impacted one-third of company; latest round hit approximately 5 percent.
Snowflake opens Toronto HQ, engineering hub to expand investment in Canada
Billion-dollar US company makes it snow early in Toronto.
Hopeful Evernote competitor Nook raises $2.39 million CAD pre-seed round
Ottawa note-taking app’s investors include angels from Apple, LinkedIn, Rewind, Shopify.
Voilà! closes $13.75 million Series A to help combat labour shortages across Canada, United States
Voilà! claims it can drop absenteeism by 35 percent.
S|W: The SaaS Weekly – A brutal week for Big Tech
Plus: Meet the new Chief Twit.
Shopify acquires Remix to bolster its headless commerce framework
Latest acquisition meant to remix Shopify’s own framework tool for building storefronts.
Satellite component testing startup Connektica raises $2.7 million CAD
An indirect player in the space race, Connektica carries out quality assurance testing.
Telus International to acquire product development shop WillowTree for $1.2 billion USD
WillowTree’s clients include Fox, CBC, PepsiCo.
RenoRun lays off 43 percent of staff to extend runway as inflation rises and consumer confidence falls
RenoRun founders: “The business climate we are operating in has fundamentally changed.”
Certn acquires Australian firm InterCheck to bolster suite of background screening solutions
Certn also acquired another competitor in the UK in January, Credence.