Jeneration Capital led the round, while Canadian investors BDC Capital, BMO Capital Partners, Golden Ventures, Kensington Capital Partners and Nicola Wealth also participated. The funding was all equity and primary capital going to the company itself, Avidbots director of marketing Skylar Lawrence-LeBel told The Logic. (The Logic)
The Vancouver-headquartered ID-verification firm has a director and other key staff in the country, and plans to open a physical office in the coming months, said spokesperson Alison Gallagher in an email to The Logic. She added that Trulioo is now hiring in Singapore, but did not specify how many staff it plans to have in the country. (The Logic)
The Bahamas-based cryptocurrency-trading platform has won an auction to buy Voyager Digital’s crypto assets for about US$1.4 billion. (The Logic)
In his resignation letter, the CEO of the embattled crypto lender said he regrets becoming a “distraction” by staying in the role until now. He will continue to promote “a viable plan” to reorganize Celsius and reimburse creditors in the company’s ongoing bankruptcy proceedings. (The Logic)
The world’s largest cryptocurrency-trading platform by volume will dispatch members of its investigations team to lead day-long workshops training law enforcement professionals on the basics of blockchain and how to combat crypto crime. (The Logic)
Its merchants can use POS Go to check out customers anywhere in the store and view their omnichannel sales, analytics and inventory. It will be available first in the U.S., and the company expects to announce details about a Canadian and global rollout next year. (The Logic)
Raising his social-media profile with a pithy but highly produced video featuring peppy music, graphics and the central-bank governor in an open-necked shirt, Macklem has set out to explain the central bank’s interest-rate increases to the Twitterati. (The Logic)
The oil and gas producer is merging with blank-cheque company Decarbonization Plus Acquisition Corporation IV in a $1.39-billion deal. It plans to go public on the Nasdaq exchange. (The Logic)
Microsoft will buy clean-energy credits from OPG’s hydro and nuclear assets as part of a purchase agreement. The deal will help the tech giant reach its goal to power its data centres entirely with carbon-free energy by 2030. Proceeds from the deal will help OPG invest in new clean-power generation and decarbonize its own operations by 2040. (The Logic)
About two years after the French gaming giant was embroiled in sexual misconduct allegations, CEO Yves Guillemot said in an interview with La Presse that work on the company’s culture is progressing at a good pace. He also cited the company’s new systems and independent structure for employees to report when something is wrong. (La Presse)