After raising over $1 billion USD in the last year, Faire CTO says startup is poised for growth during market downturn
Despite present conditions, Faire hasn’t paused or slowed hiring, or made any layoffs.
Toronto
Ritual lays off 16 percent of staff to “prepare for a recession”
As 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
Startup plans to open engineering hub, hire 50 to start.
Flipp acquires digital savings content platform Reebee
As 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
“Soon, sharing a mobile app will be as easy as sharing a meme.”
Twitter selects Canada as test market for new longform writing feature
When 280 characters isn’t enough, Twitter offers 2,500 words
Federal government reveals plans for $443 million second phase of Pan-Canadian AI Strategy
Investments include a collective $60 million for Amii, Mila, Vector Institute.
Sagard hits $400 million CAD goal for private equity fund
Firm plans to continue raising capital for the fund.
Ataccama secures $150 million from Bain Capital’s Tech Opportunities Fund
The Toronto data management startup cuts ties with bootstrapping.
Axonify acquires employee communication startup Nudge
Axonify, Nudge plan to disrupt the marketplace for frontline employees.
Indigenous tech leaders talk progress at #CollisionConf and “long path ahead”
“Our ancestors really set the stage for us.”
As Apple moves to kill the password, 1Password CEO says he’s not worried
“Every time they’ve introduced something our business has gone up significantly.”
Autodesk alums close $5.3 million CAD to automate building design with Augmenta
Construction, real estate players have bought into Augmenta’s vision.
With opening night, #CollisionConf is just happy to be back
The vibes were strong and the questions were soft.
Bonsai has laid off around two-thirds of staff over last two months
The CEO cited market volatility despite Bonsai raising $21 million this year.