Startups
Canadian companies: funding, acquisitions and layoffs.
- Daily Briefing
BioWare closes, Rogers adds a credit card fee, and Tenstorrent raises $1.5 billion
The week in Canadian tech: EA shuts its Edmonton studio, Rogers bills get a 1.6% card fee, Ottawa details its VC money and proposes stablecoin rules.
- News
Dayforce buys Toronto's Ribbon AI, whose voice agent runs job interviews
The HR software giant, itself being taken private by Thoma Bravo, picks up a three-year-old startup that has run more than a million AI screening interviews.
- News
Furniture e-commerce platforms Cymax and CommerceBear reportedly shut down
Burnaby's Cymax and Toronto's CommerceBear both built tools for selling furniture online. Both appear to have closed amid a sales slump and tariff pressure.
- News
Neo Financial lines up $185 million from ATB and credit unions
The Calgary fintech's new warehouse facility funds its credit card lending, after a year that cost it Tim Hortons, The Bay and 10% of its staff.
- News
Waterloo's Hive takes $27 million USD, and most of it isn't for Hive
Frontier Growth leads a mostly secondary Series B in the profitable live-event marketing company, buying out its first institutional investor.
