Hootsuite restructuring, laying off 30 percent of employees
CEO: “We need to refocus our strategies to drive efficiency, growth and financial sustainability.”
Vancouver
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.”
General Fusion picked for fusion power plant projects with US Department of Energy
General Fusion awarded funding from DoE to work with American national labs.
Blume secures $2 million CAD to scale latte replacement product
Ex-Frank and Oak exec buys into Blume’s first institutional round.
BDC partners with e-learning platform Future Capital to train 150 women for angel investing
Future Capital wants to diversify investors at the angel, LP, and syndicate level.
Intelligent City puts scaffolding in place to scale sustainable building solution
Intelligent City has secured $22 million CAD from investors like BDC.
Toronto, Vancouver tech talent pools saw highest growth in latest CBRE report
Ottawa is on par for highest concentration in tech talent with the San Francisco Bay Area.
Helcim, MintList, Ukko Agro among startups in third cohort of Google’s Canadian accelerator
Participants range from smart windows to dental software to agtech.
Traction Conference returns in-person with Twitter, Eventbrite, Mailchimp as speakers
Execs from Atlassian, Shopify, Twitter, 1Password were unveiled as speakers.