RenoRun lays off 43 percent of staff to extend runway as inflation rises and consumer confidence falls
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RenoRun granted court extension in insolvency filing to pursue sale

RenoRun asked for extension amid “a high level” of interest from potential buyers. RenoRun has filed for and been granted an extension as part…

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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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tehama
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Faced with insolvency, Ottawa’s Tehama forges ahead with founder-backed restructuring

Software startup for remote teams pursuing federal contract after fundraising falls through, bank relationship sours. Faced with difficult competition in the market and inhospitable…

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