Mysa acquires United States smart thermostat company as it expands into commercial heating
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Mysa acquires United States smart thermostat company as it expands into commercial heating

Mysa, a smart-thermostat company based in St. John’s, Nfld., has acquired the intellectual property of United States smart thermostat firm Zen Ecosystems. This purchase…

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Smart display company E2ip Technologies raises $120 million
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Smart display company E2ip Technologies raises $120 million

Export Development Canada and McRock Capital co-led the round. St-Laurent, Québec-based E2ip Technologies, which develops technologies for smart displays and surfaces, has raised $120…

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US data integration company Boomi plans expansion into Canada, starting with new office in Vancouver
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US data integration company Boomi plans expansion into Canada, starting with new office in Vancouver

Boomi has been building out its C-suite with locally based talent to lead the expansion. Boomi, a Pennsylvania-based company that helps organizations connect disparate…

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Wealthsimple Crypto
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Wealthsimple co-founder Rudy Adler steps back as CMO as company makes exec changes

Diederik van Liere joins startup as new CTO. Wealthsimple co-founder Rudy Adler has stepped away from his operational role of CMO. New addition Rubina…

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A man works out in front of a mirror with a digital display
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H|T: The Healthtech Times – Lululemon’s failed attempt at becoming a tech company

Plus: Felix and Eli raise new rounds. The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe. Subscribe…

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RenoRun lays off 12 percent of staff, pauses geographic expansion amid uncertainty surrounding consumer spending
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RenoRun files for creditor protection after failed pursuit of “hail mary” deals to save company from insolvency

The filling follows four attempts to raise bridge financing and multiple rounds of layoffs. Montréal-based RenoRun has filed for creditor protection as the struggling…

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Hootsuite Toronto logo wall
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Hootsuite follows Twitter lead as company ditches free plans

Twitter eliminating free API access is expected to have wide-ranging implications. Hootsuite recently followed in the footsteps of fellow social media company Twitter in…

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Shopify CTO Allan Leinwand to depart company, citing “personal reasons”
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Shopify CTO Allan Leinwand to depart company, citing “personal reasons”

CEO Tobi Lütke to also lead R&D as Shopify loses third C-Suite exec since October. Shopify CTO Allan Leinwand is leaving the Ottawa-based e-commerce…

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deepmind
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Alphabet company DeepMind shutters Edmonton site as part of Google layoffs

DeepMind said it’s maintaining its other Canadian locations in Montréal, Toronto. United Kingdom (UK)-based artificial intelligence (AI) firm DeepMind Technologies, which is owned…

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Oxbotica
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UK autonomous vehicle company Oxbotica plans to expand Canadian presence following $140 million USD raise

Oxbotica plans to hire for up to 50 new roles in Toronto office. United Kingdom (UK)-based software company Oxbotica, which develops solutions for…

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