US companies Avanade, Nautical Commerce, Twilio, Dealpath plot Canadian expansions
byAll four plan to conduct a hiring spree amid a growing number of global tech layoffs.
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Clutch cuts staff to extend runway, citing market conditions
byThe layoffs follow a $100 million Series B secured in 2021.
Goeasy plans to leverage its LendCare acquisition with online car sales startup Canada Drives
byFinancial services company makes $40 million equity investment, joins Canada Drives’ board.
Jeeves launches venture capital alternative for startups
byThe New York-based FinTech startup Jeeves has launched a non-dilutive alternative to venture capital specifically tailored…
Hyatt brothers’ BlueCat to be acquired by another US private equity firm
byAudax purchasing Toronto-based BlueCat from Madison Dearborn.
After raising over $1 billion USD in the last year, Faire CTO says startup is poised for growth during market downturn
byDespite present conditions, Faire hasn’t paused or slowed hiring, or made any layoffs.
Ritual lays off 16 percent of staff to “prepare for a recession”
byAs prospect of recession looms amid rising inflation, Ritual has laid off 23 employees.
With crypto under water, Ripple makes a splash announcing first Canadian office in Toronto
byStartup plans to open engineering hub, hire 50 to start.
Flipp acquires digital savings content platform Reebee
byAs grocery prices spike, Flipp and Reebee consolidate to help more Canadians save money.
Parallelz raises $3 million to challenge how app stores deliver, distribute apps
by“Soon, sharing a mobile app will be as easy as sharing a meme.”
Twitter selects Canada as test market for new longform writing feature
byWhen 280 characters isn’t enough, Twitter offers 2,500 words
Federal government reveals plans for $443 million second phase of Pan-Canadian AI Strategy
byInvestments include a collective $60 million for Amii, Mila, Vector Institute.
Sagard hits $400 million CAD goal for private equity fund
byFirm plans to continue raising capital for the fund.
Ataccama secures $150 million from Bain Capital’s Tech Opportunities Fund
byThe Toronto data management startup cuts ties with bootstrapping.
Axonify acquires employee communication startup Nudge
byAxonify, Nudge plan to disrupt the marketplace for frontline employees.