insolvency

How Dozr, a promising construction tech firm, went from building boom to receivership to asset sale

How Dozr, a promising construction tech firm, went from building boom to receivership to asset sale

kakameo

The heavy equipment market is in new hands in Canada, but its future remains unclear. After spending over a ...

Sonder collapses after spending nearly .7 million on now-defunct Marriott deal

Sonder collapses after spending nearly $3.7 million on now-defunct Marriott deal

kakameo

The short-term rental company is winding down its operations “immediately” due to ongoing liquidity issues. Canadian-based, San Francisco-based alternative ...

Untether AI files for bankruptcy following AMD acquihire

Untether AI files for bankruptcy following AMD acquihire

kakameo

The bankruptcy filing said it owes $128 million to creditors, including early backer Radical Ventures. The remnants of Toronto-based ...

“Still processing”: Lighthouse Labs co-founder shares lessons from sale to Uvaro and bankruptcy

“Still processing”: Lighthouse Labs co-founder shares lessons from sale to Uvaro and bankruptcy

kakameo

At TechExit.io, Jeremy Shaki explains what it was like to watch his 12-year project “fall apart.” Lighthouse Labs co-founder ...

Ssense wins temporary protection in battle with creditors

Ssense wins temporary protection in battle with creditors

kakameo

The Montreal fashion retailer has issued a stay order as creditors push for a court-supervised sale. Struggling Montreal-based online ...

Ssense reaches agreement with lenders on restructuring plan

Ssense reaches agreement with lenders on restructuring plan

kakameo

The online store will continue to operate under current management with $40 million in milestone funding. Montreal meaning has ...

Attabotics’ story ends with asset sale to Kentucky engineering firm

Attabotics’ story ends with asset sale to Kentucky engineering firm

kakameo

The transaction occurs a few months after the Attabotics submitted to protect creditors, amid problems with cash flows. Startup ...