News from BetaKit

Neo Financial takes aim at Canadian banks with $360-million Series D

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Josh Scott @ BetaKit 1 place · 11/11/2024 17:00 EDT

Shopify, Slack, PointClickCare, Roblox founders back FinTech scaleup’s fast growth. Read more ›

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Why Sampler failed, according to its founder

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Alex Riehl @ BetaKit 1 place · 11/23/2024 16:08 EDT

Marie Chevrier Schwartz explains how her company lost product-market fit after a decade in business. Read more ›

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Iconiq reportedly buyer of $100-million worth of Wealthsimple employee shares

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Josh Scott @ BetaKit 2 place · 11/22/2024 18:16 EDT

Wealthsimple confirms secondary deal values Toronto FinTech firm at $5 billion. Read more ›

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FDA clears drug for rare and deadly GI cancer developed by Canadian firm Zymeworks

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Isabelle Kirkwood @ BetaKit 2 place · 11/22/2024 15:07 EDT

Co-founder of Zymeworks calls approval “the dream that many said was not possible.” Read more ›

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The Reporting Hub, Moovez, and ResVR stand out among Calgary’s startups at Launch Party 2024

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Alex Riehl @ BetaKit 3 place · 11/22/2024 14:20 EDT

Launch Party’s alumni, audience, and Alberta innovation minister Nate Glubish selected award recipients. Read more ›

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Neuralink in Canada, Champagne in the Valley

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Isabelle Kirkwood @ BetaKit · 11/22/2024 13:29 EDT

Test your knowledge of Canadian tech news with The BetaKit Quiz for Nov. 22, 2024. Read more ›

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DémultiplIA will connect AI startups with academic research (for a price)

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Madison McLauchlan @ BetaKit · 11/22/2024 12:41 EDT

Participation in the Québec-backed program will cost startups $105,000 over three years. Read more ›

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AI skills are becoming non-negotiable. Here’s how job seekers can stay ahead in #CDNtech

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Isabelle Kirkwood @ BetaKit · 11/22/2024 06:00 EDT

Plus: Five Canadian organizations hiring tech roles today. Read more ›

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Following Québec launch, NotaryPro brings online, in-store notarization services to Staples Canada

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Isabelle Kirkwood @ BetaKit · 11/21/2024 16:31 EDT

Startup claims it can provide document notarization in just seven minutes. Read more ›

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BDC hopes to reverse trend of declining Canadian entrepreneurship through Community Banking initiative

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Alex Riehl @ BetaKit · 11/21/2024 16:10 EDT

BDC will back local lending partners with co-lending, indirect lending, loan guarantees, and advisory services. Read more ›

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Leaders from ZayZoon, Verano.AI, Toast recognized at 2024 Start Alberta Tech Awards

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Isabelle Kirkwood @ BetaKit · 11/21/2024 14:12 EDT

ZayZoon named scaleup of the year, while Verano.AI scoops up One to Watch and Most Promising Founder awards. Read more ›

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Elon Musk-owned Neuralink receives permission to recruit for Canadian medical trial

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Alex Riehl @ BetaKit · 11/21/2024 13:54 EDT

Toronto Western Hospital is the exclusive Canadian surgical site for the experimental brain implant. Read more ›

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Alberta Innovates is the second provincial innovation agency affected by cyberattack this year

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Alex Riehl @ BetaKit 3 place · 11/20/2024 15:07 EDT

A breach affected Invest Nova Scotia in May that resulted in $573,000 in stolen funds. Read more ›

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Noble closes $15-million Series A to fuel the growth of its digital asset issuance platform

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Josh Scott @ BetaKit 1 place · 11/20/2024 14:53 EDT

Web3 startup aims to help stablecoin issuers after the “carnage” wrought by Terra’s 2022 collapse. Read more ›

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Lightstrike raises $1.1 million CAD pre-seed round to commercialize AI-powered code mapper

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Alex Riehl @ BetaKit 3 place · 11/20/2024 10:00 EDT

Round leader Sprout Fund helped Lightstrike founders “mature at a breakneck pace.” Read more ›

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TechTO acquires Peerscale to broaden support for later-stage tech entrepreneurs

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Isabelle Kirkwood @ BetaKit · 11/20/2024 06:00 EDT

New CEO Marie Chevrier Schwartz sees Peerscale as the “graduating class of the TechTO ecosystem.” Read more ›

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Five startups chosen for first round of Québec Tech’s export mission

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Madison McLauchlan @ BetaKit 2 place · 11/20/2024 00:01 EDT

Stage V program aims to propel companies to $10 million ARR in under four years. Read more ›

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Women VCs are now earning more at the highest levels (if they can reach them)

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Madison McLauchlan @ BetaKit · 11/19/2024 17:13 EDT

Fifty percent of venture firms surveyed by BDC Capital have no women senior investors. Read more ›

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Insurance giant Intact scoops up home maintenance startup Jiffy

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Isabelle Kirkwood @ BetaKit · 11/19/2024 16:43 EDT

Deal expected to expand Jiffy’s service to more Canadian markets. Read more ›

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Sonaro, Celestra, Oasis Learning AI among competition winners at SAAS NORTH 2024

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Isabelle Kirkwood @ BetaKit 2 place · 11/18/2024 16:50 EDT

Startup winners collectively took home more than $600,000 from the conference. Read more ›

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Federal government reinvests in Scale-Up Platform with $47.5 million commitment to Invest Ottawa, MaRS, and Communitech

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Alex Riehl @ BetaKit 1 place · 11/18/2024 13:42 EDT

Scale-Up Platform offers regionally tailored programming for entrepreneurs in high-growth sectors. Read more ›

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CIFAR leader expects CAISI to help inform AI policy in Canada and abroad

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Josh Scott @ BetaKit 3 place · 11/18/2024 12:59 EDT

With its new AI safety institute, Canada aims to study the technology’s risks and collaborate with other countries. Read more ›

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