AbCellera SIF funding announcement
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Canadian startup news of the week (5/28/23)

Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features, and editorials published on BetaKit. If…

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asset management
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As Nasdaq delisting looms, asset management firm mCloud looks to go private

mCloud’s Nasdaq shares declined by 80 percent in the last year. Calgary-based mCloud, a publicly traded company that offers cloud services for asset…

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Sonder lays off 14 percent of staff as it aims to become cash flow positive in 2023
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Sonder lays off 14 percent of staff as it aims to become cash flow positive in 2023

Move marks Sonder’s second round of significant cuts since going public last year. Sonder is laying off approximately 100 employees, or 14 percent of…

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Mogo
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Mogo at risk of being delisted from Nasdaq for sub-$1 USD share price

The Vancouver FinTech startup has 180 days to get over $1 USD. Vancouver-based FinTech startup Mogo has received a written letter from the Nasdaq…

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Rumble
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Right-wing video site Rumble begins trading on Nasdaq via SPAC deal

The Toronto video-sharing platform attracts an audience of mostly right-leaning viewers. Toronto-founded video network Rumble has begun trading on Nasdaq through a special purpose…

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Nick Jonas Bruush
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Brüush Oral Care closes Nasdaq IPO with $15.5 million

Brüush missed its initial IPO target by $1.75 million. Toronto-based electric toothbrush company Brüush Oral Care announced the closing of its initial public offering…

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Kevin Hart Bruush
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Electric toothbrush startup Bruush files to go public on Nasdaq with $17.25 million IPO

Toronto-headquartered electric toothbrush company Bruush Oral Care has filed to go public on Nasdaq with a $17.25 million initial public offering (IPO). Initially incorporated…

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Shopify Tobias Lütke
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R|T: The Retail Times – The results are in for Tobi Lütke at Shopify

Plus: Amazon’s Consumer Chief Dave Clark joins supply chain startup Flexport as CEO. The Retail Times is a weekly newsletter covering retail tech news…

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Andrew Peek (Delphia)
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A|I: The AI Times – Meta shakes up AI unit

Plus: ‘AI’ Shopping Startup Exaggerated Tech Capabilities to Potential Investors. The AI Times is a weekly newsletter covering the biggest AI, machine learning, big…

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Sheryl Sandberg
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S|W: The SaaS Weekly – Sheryl Sandberg leans out

Plus: BC startups Kardium, HTEC, Kobalt, Symvivo receive cumulative $11.1 million from feds. The SaaS Weekly is a weekly newsletter covering major SaaS news…

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