“Social” healthtech startup Curatio merges with Australian medtech firm RxMx
Named RxPx, the combined entity is backed by RxMx majority shareholder Pemba Capital Partners.
Vancouver
WonderFi to acquire Blockchain Foundry in all-stock deal
WonderFi continues acquisition spree of Canadian crypto companies.
Plurilock completes acquisition of assets from India-based CloudCodes
CloudCodes marks another addition to Plurilock’s rapidly growing portfolio.
Bench taps current president and CFO, Jean-Philippe Durrios, as new CEO
Bench board called Durrios the “clear choice.”
BarrelWise secures $3.1 million CAD to modernize wine barrel management
The Vancouver startup aims to tackle thousands of years of winemaking tradition.
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.
Brüush Oral Care closes Nasdaq IPO with $15.5 million
Brüush missed its initial IPO target by $1.75 million.
Market watch: Q4 Inc., E Inc., Goeasy Ltd., BBTV Holdings Inc.
Companies are working to weather challenging market conditions.
CloudMD appoints new CEO, CFO in latest exec switchup
CloudMD’s new CEO was formerly the company’s president and global head.
Market watch: Nuvei, Propel, Payfare, and Mogo
FinTech companies ride out a turbulent market.
Market watch: Well Health, Magnet Forensics, Dialogue Health, and Thinkific Labs
Gains and losses aren’t about the verticals, but rather the companies.
Dooly latest Vancouver startup to cut staff amid broader market downturn
Dooly has joined a growing number of Canadian tech companies to trim their workforce, laying off 12 people.
Hootsuite restructuring, laying off 30 percent of employees
CEO: “We need to refocus our strategies to drive efficiency, growth and financial sustainability.”
D2C startups not immune to downturn as Article, Mejuri make staff cuts
Article and Mejuri have cut their workforces by 17 and 10 percent, respectively.
Unbounce lays off 20 percent of staff as part of “larger company restructuring”
Unbounce CEO said cuts were necessary to support the company’s purpose and strategy.