Fintel Connect closes $4.8 million CAD to help financial institutions drive cost-effective growth
BankTech Ventures, EDC-backed Fintel Connect eyes US expansion.
Vancouver
Slack founding CEO Stewart Butterfield to depart company in January
Slack’s leader becomes latest to leave the Salesforce organization.
Shopify, Benevity set records for Black Friday-Cyber Monday and Giving Tuesday
Shopify merchants rack up $7.5 billion in sales over the weekend.
Sanctuary secures $30 million from Canada’s SIF to build robots with human-like intelligence
The AI startup is expected to hire more than 160 employees.
Mozilla acquires Canadian-founded startups Pulse, Active Replica to fuel metaverse strategy
The company behind web browser Firefox wants to deliver its own metaverse.
Durable aims to help solo entrepreneurs launch service-based businesses with AI
Durable has closed $6.25 million USD to date from US investors.
Produce8 lands $6 million in seed funding to improve digital-first team productivity
Startup believes addressing burnout is the answer to a trillion-dollar question.
Eight Canadian universities land in PitchBook’s 2022 top 100 schools for founders
The University of Waterloo keeps top spot for Canadian schools.
Yield Exchange nabs $110,000 after winning both SAAS NORTH 2022 pitch competitions
The Vancouver startup provides an online marketplace for guaranteed investment certificates.
Canadian tech layoffs continue as tough year comes to a close
Properly, TealBook, D2L, League among latest firms to cut staff amid economic downturn.
Amazon layoffs hit Canadian teams, according to LinkedIn posts
Impacted roles in Canada include Amazon Alexa’s development team.
Customer experience platform Alida secures $60 million USD credit facility
With a new Edmonton office, Alida sets sights on the rest of North America and beyond.
Report: Vancouver, Toronto saw greatest high-tech job growth in North America over the last two years
Montréal ranked fifth, while CBRE named Waterloo, Ottawa, Calgary markets to watch again.
Dapper Labs lays off 22 percent of staff
Vancouver tech startups Dapper and Hootsuite both made layoffs this week.
Hootsuite makes additional staff cuts following August layoffs
August cuts impacted one-third of company; latest round hit approximately 5 percent.