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.
Vancouver
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.
Canalyst acquired by Chicago-based Tegus in massive BC tech exit
Sources say deal is north of $400 million CAD.
Spring Activator launches Women-led Impact Investor Challenge with Telus Pollinator Fund
The previous edition of the fund focused on healthcare, naming UVX Inc. as the winner.
Frontier Collective to launch flagship summit for metaverse and Web3 leaders
Frontier wants to bring leaders from Adobe, LG, Microsoft to Vancouver.
BC securities regulator alleges Blok Technologies, former execs misrepresented share sale in 2018
BCSC claims Blok violated the Securities Act.
Fable raises $8.4 million CAD Series A to fuel move beyond tableware
Fable wants to sell “all the little items … that make a house a home.”