Tag: environment
“Cooler financing environment” leads StellarAlgo to restructure and make layoffs
Twenty-one employees laid off could represent nearly one quarter of Calgary startup’s headcount. Calgary-based StellarAlgo has laid off 21 employees as part of a…
Nulogy CFO offers tips for fundraising in a chaotic environment
Sanjay Dhawan says founders should be willing to pay a premium for high-quality growth partners. Founders looking for growth capital are having a harder…
Symend closes $54 million CAD to pursue global expansion amid uncertain economic environment
Facing market headwinds and tailwinds, Symend has cut staff and set its sights on growing efficiently. Following 20 months of “laser focus” on research…
EQ Bank latest bank to join Flinks’ open banking environment
Another bank signs an open banking deal with a FinTech firm as Canada’s system is underway. EQ Bank has entered an agreement with Montréal-based…
Thinkific CEO describes layoffs as effort to preserve cash amid tough capital-raising environment for public companies
Company’s share price has risen 13 percent since layoffs were announced. Earlier this week, Thinkific Labs announced plans to lay off 100 employees—approximately 20…