Web3 startup LayerZero Labs fighting $21.3-million lawsuit from FTX
Bankrupt crypto exchange suing LayerZero over alleged fraudulent transfers.
Vancouver
CDL-Vancouver preps fall innovation mining and minerals conference following launch of minerals stream
Conference will take place October 25 at the Vancouver Convention Centre.
Novarc Technologies announces closing of $20 million USD for its AI-powered automated welding robots
Construction-vehicle company Caterpillar’s venture arm joined the round.
Cancer-focused Imagia Canexia Health files for bankruptcy 18 months after merger
Oncology tech firm closed a $20-million round and led an $18-million Supercluster project in 2022.
Identity-verification company Trulioo unveils new capabilities to accelerate person-matching
Trulioo uses AI and machine learning to accelerate customer verification.
Blanka raises $2.7 million CAD to simplify launching beauty brands
Blanka claims it can launch a new beauty brand in under an hour for less than $200.
General Fusion raises $33.5 million CAD as it renews focus on Canadian project
General Fusion delays demonstration plant construction in UK for machine development in Canada.
After a three-year pause, TechPong bounces back for 2023 return
The annual ping pong-powered charity event has raised $400,000 over six showings.
ProShop ERP raises $32 million to help manufacturers digitize operations
ProShop has previously been a founder-financed company for seven years.
YC-backed Reworkd secures $1.65 million CAD to build AI agents for business tasks
Founded by a trio of Vancouverites, Reworkd has nabbed funding from Panache.
SenseNet raises $1.3 million CAD for its wildfire-detecting technology
The Vancouver firm is the latest of several wildfire-detection startups that expect to see flames fan their fortunes.
Well Health adds anesthesia subsidiary CarePlus Management in its latest acquisition
Well Health revised its annual revenue guidance sharply upwards after the purchase for an undisclosed sum.
Dapper Labs makes third round of layoffs since November as crypto winter continues
NBA Top Shot creator lays off 51 people amid NFT market struggles.
Waterloo, U of T, and UBC rank among top 25 computer science schools globally
Waterloo topped the list in terms of enrolment, while U of T was the top-ranked Canadian school.
WonderFi, Coinsquare, CoinSmart merge as landmark Canadian crypto deal closes
The merger comes during a challenging time for the crypto industry.