News from BetaKit

Social Finance Fund-backed Boann reveals first investments in Canadian impact funds

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Josh Scott @ BetaKit 3 place · 08/20/2024 06:00 EDT

Portfolio includes Active Impact, BKR, Cycle H2O, InvestEco, Raven, Renewal, Sandpiper, Spring, The51. Read more ›

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Virtual care holds the key to better employee mental health

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Isabelle Kirkwood @ BetaKit 1 place · 08/20/2024 05:59 EDT

Teladoc Health’s Dr. Karolina Filipowska on increasing access to care in Canada. Read more ›

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Insurtech startup YouSet raises $3.5-million CAD seed round

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Bianca Bharti @ BetaKit 2 place · 08/20/2024 05:00 EDT

The startup claims to save users nearly 30 percent on coverage in a process that takes minutes. Read more ›

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Two new contracts take off as SBQuantum looks to send its tech to space

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Isabelle Kirkwood @ BetaKit · 08/20/2024 04:00 EDT

Startup is launching projects with the Canadian and European space agencies. Read more ›

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Government of Canada launches consultations on Budget 2024 proposals

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Alex Riehl @ BetaKit · 08/19/2024 16:43 EDT

Feds inviting Canadians to share thoughts on capital gains, CEI, open banking, cleantech tax credits, and more. Read more ›

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MolecuLight closes $11.7 million in Series C financing for market expansion

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Isabelle Kirkwood @ BetaKit · 08/19/2024 15:00 EDT

Startup’s devices use fluorescent light to spot elevated bacteria levels in wounds. Read more ›

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European online car marketplace AutoScout24 agrees to purchase AutoTrader parent from Thoma Bravo

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Alex Riehl @ BetaKit · 08/19/2024 13:42 EDT

Price was not disclosed, but deal to acquire Trader Corporation is expected to close in Q4 2024. Read more ›

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Get ready for the BetaKit Keynote Stage at SAAS NORTH 2024

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Isabelle Kirkwood @ BetaKit · 08/19/2024 12:07 EDT

Leaders from Tealbook, Certn, Passage, and more to headline Canada’s SaaS conference November 13 to 14. Read more ›

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Cardata names Haywood Marsh CEO as Canadian tech executive turnover continues through the summer

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Isabelle Kirkwood @ BetaKit · 08/19/2024 05:59 EDT

Convictional, Stocksy, Sernova, and more also bring on new CEOs. Read more ›

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Canadian entrepreneurs get new incentives, but what about their employees (and investors)?

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Bianca Bharti @ BetaKit · 08/19/2024 05:00 EDT

Plus: Paper cuts, Radical raises, and ezBtc caught gambling. Read more ›

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Canadian Web3 regulations & Coinbase’s year in review

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Douglas Soltys @ BetaKit 1 place · 08/18/2024 10:21 EDT

Crypto.com, Coinbase, CIRO and more discuss Canada playing catch-up at the Blockchain Futurist Conference. Read more ›

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Summer hiring alert: Here are three organizations seeking tech workers in Canada

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Isabelle Kirkwood @ BetaKit 1 place · 08/16/2024 17:10 EDT

What do a construction software firm, telecom giant, and university have in common? They’re hiring Canadians. Read more ›

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InsurTech platform QuickFacts secures $2 million to continue North American expansion efforts

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Alex Riehl @ BetaKit 2 place · 08/16/2024 16:00 EDT

QuickFacts claimed it has experienced a period of rapid growth in the past year, tripling its number of active users. Read more ›

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Svante gets $137-million CAD commitment from Canada Growth Fund

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Isabelle Kirkwood @ BetaKit 3 place · 08/16/2024 14:51 EDT

The funding will be used to support the development of Svante’s carbon capture and removal projects. Read more ›

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Phil Cutler removed as Paper CEO, startup reportedly cuts staff by 45 percent

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Alex Riehl @ BetaKit · 08/16/2024 14:02 EDT

Startup sees third round of layoffs within a year as EdTech veteran Rich Yang becomes interim CEO. Read more ›

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Sampler files for bankruptcy with $13 million in liabilities

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Bianca Bharti @ BetaKit · 08/15/2024 16:14 EDT

Users claim to have had issues with the website and deliveries for months. Read more ›

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Sampler files for bankruptcy

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Bianca Bharti @ BetaKit · 08/15/2024 16:14 EDT

Documents show digital product sampling startup has nearly $13 million in liabilities. Read more ›

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Well Health plans to spin out, publicly list SaaS and services business in 2025

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Alex Riehl @ BetaKit · 08/15/2024 15:55 EDT

Founder and CEO Hamed Shahbazi said spin out will unlock “significant shareholder value.” Read more ›

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Radical Ventures launches $800-million USD AI growth fund

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Josh Scott @ BetaKit 1 place · 08/15/2024 15:11 EDT

New fund marks Toronto-based Radical’s first that focuses on later-stage AI companies. Read more ›

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Canadian VC investment grows in Q2 but seed funding a cause for concern

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Josh Scott @ BetaKit · 08/15/2024 06:00 EDT

CVCA report says PE stays hot as public Canadian tech firms keep going private. Read more ›

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