Amazon makes AWS EdStart accelerator available to Canadians, picks Springbay Studio as first participant
Springbay Studio creates climate-focused educational games for children.
SaaS
Q4 Inc. lays off eight percent of staff to accelerate “path to profitability”
Restructuring impacts the company’s sales, marketing, R&D teams.
Three Canadian startups selected for Google’s latest Women Founders accelerator cohort
Blossom Social, Emaww, MedEssist represent Canada in the third installation of Google’s accelerator.
VendorPM secures $20 million Series A to expand US footprint
VendorPM’s backers include Bessemer and a plethora of real estate investors.
S|W: The SaaS Weekly – WellnessLiving, Kinaxis expanding as Martello cuts back
Plus: Layoffs across SaaS startups pile up.
Vendasta lays off staff after the pandemic spurred fast-pace growth
Vendasta’s teams are spread across Canada, India, and the US.
Direct-C closes $3.9 million Series A from Henkel and GreenSky to scale oil leak detection tech
University of Calgary spinout sees applications for its tech beyond oil and gas.
NotaryPro secures $646,415 CAD to tap into growing market for digital signatures
CEO claims the pandemic became a major catalyst for NotaryPro’s growth.
Metafold 3D secures $500,000 from Active Impact Investments to build 3D printing’s “missing piece”
Idea behind Metafold was spun out of co-founders’ consulting work with a major sportswear manufacturer.
Moozoom raises $5 million to improve youth mental health with socio-emotional learning videos
Amplify Capital, Telus Pollinator-backed Moozoom eyes US expansion.
Attractions management software startup Connect&Go closes Series A round with $6.2 million top-up
Connect&Go has worked The Super Bowl, Vancouver Olympics, Comic Con.
WellnessLiving secures $66 million USD to scale operations management software for wellness centres
The Thornhill startup serves over 5,000 yoga studios, dance studios, and other wellness centres.
S|W: The SaaS Weekly – Hootsuite restructuring spells massive layoffs
Plus: HR tech startup Humi acquires SaaS scheduling startup Ameego.
Market watch: Q4 Inc., E Inc., Goeasy Ltd., BBTV Holdings Inc.
Companies are working to weather challenging market conditions.
Market watch: Well Health, Magnet Forensics, Dialogue Health, and Thinkific Labs
Gains and losses aren’t about the verticals, but rather the companies.