News from BetaKit

R|T: The Retail Times – Temu and Shein’s success = air freighters’ stress

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Alex Riehl @ BetaKit 3 place · 02/29/2024 05:00 EDT

Plus: Shopify’s green strategy gamble, DeliveryHero abandons Foodpanda sale talks. Read more ›

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Midjourney competitor Ideogram closes $80 million Series A round as it launches latest text-to-image model

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Alex Riehl @ BetaKit · 02/28/2024 16:34 EDT

The fundraise comes just six months after its $22.3-million seed round. Read more ›

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Elevated Signals raises $7.9 million CAD Series A to scale its manufacturing operations software

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Alex Riehl @ BetaKit 3 place · 02/28/2024 13:30 EDT

After starting in cannabis, startup looks to its original goal of tackling food security. Read more ›

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Canadian-founded Power closes $16.3-million CAD Series A to connect patients with clinical trials

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Alex Riehl @ BetaKit 3 place · 02/28/2024 11:20 EDT

Power claims over 600,000 patients used Power to discover clinical trials last year. Read more ›

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EdTech startup Tokidos secures $1.35 million CAD for screenless gaming console

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Alex Riehl @ BetaKit 3 place · 02/28/2024 08:30 EDT

Tokidos says it has more than $115,000 in pre-orders for its September launch. Read more ›

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With new president Sarah Miller Wright, Certn targets profitable growth over acquisitions

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Josh Scott @ BetaKit · 02/28/2024 06:00 EDT

Following 2023 layoffs, Miller Wright must steer Certn’s global operations through a “transformation year.” Read more ›

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A|I: The AI Times – Nvidia rides the AI wave to a $2 trillion valuation

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Alex Riehl @ BetaKit · 02/28/2024 05:00 EDT

Plus: Yoshua Bengio calls for deepfake regulations. Read more ›

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QueerTech acquires accelerator Gradient Spaces to support more 2SLGBTQ+ tech workers

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Isabelle Kirkwood @ BetaKit · 02/27/2024 16:17 EDT

According to QueerTech, less than one percent of venture capital deals go to Queer entrepreneurs. Read more ›

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Finix launches integrated payments offering in Canada

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Isabelle Kirkwood @ BetaKit 3 place · 02/27/2024 09:00 EDT

US FinTech firm offers a single integration for omnichannel payment acceptance. Read more ›

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S|W: The SaaS Weekly – Reddit’s power users will get first dibs on its IPO

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Alex Riehl @ BetaKit 1 place · 02/27/2024 05:00 EDT

Plus: Golden Ventures talks success in closing fifth seed-stage VC fund. Read more ›

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StellarAlgo, Fobi AI, Mobii Systems, Plantiga selected for Comcast NBCUniversal SportsTech Accelerator

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Alex Riehl @ BetaKit 3 place · 02/26/2024 16:02 EDT

Canada lead the pack with the highest number of companies in the global cohort. Read more ›

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Helcim closes $27 million CAD to bring payment stack to underserved SMBs

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Isabelle Kirkwood @ BetaKit 3 place · 02/26/2024 14:46 EDT

Startup’s full-stack payment offering puts it up against FinTech giants like Stripe. Read more ›

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Medical sharing platform Figure 1 acquired by Physician’s Weekly

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Isabelle Kirkwood @ BetaKit 1 place · 02/26/2024 06:02 EDT

Figure 1 has developed a platform for clinicians to discuss and share medical knowledge. Read more ›

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F|T: The FinTech Times – BC court upholds ban on crypto mining, Sequoia backpedals Klarna ousting

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Alex Riehl @ BetaKit 1 place · 02/26/2024 05:30 EDT

Plus: Capital One’s blockbuster acquisition to protect itself from FinTech. Read more ›

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Is AI Canada’s productivity saviour?

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Bianca Bharti @ BetaKit · 02/26/2024 05:00 EDT

Plus: Late-stage VC funding continues to drop, but seed-stage is Golden. Read more ›

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After Ecobee, Stuart Lombard has no regrets

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Douglas Soltys @ BetaKit 1 place · 02/24/2024 14:54 EDT

Ecobee was founded in 2007 and launched its first product in 2008. That was a long time ago, in real life and tech lifespans.  Last year, Stuart Lombard stepped down from his role as Ecobee’s president and CEO after a 16-year run. On this week’s episode of The BetaKit Podcast, I talked with Lombard about what that run was like now that it’s over. “There’s a big difference between wanting... Read more ›

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Helius raises $12.8 million CAD to help devs build blockchain apps on Solana

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Isabelle Kirkwood @ BetaKit 1 place · 02/23/2024 12:42 EDT

The Web3 startup was founded by former Coinbase and AWS software engineers. Read more ›

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As Techstars makes changes, the future of its Toronto accelerator is uncertain

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Josh Scott @ BetaKit 2 place · 02/23/2024 12:31 EDT

Techstars Toronto has paused applications with leader Sunil Sharma transitioning away. Read more ›

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Yoshua Bengio co-signs statement calling for new laws to combat deepfakes

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Isabelle Kirkwood @ BetaKit 1 place · 02/23/2024 12:23 EDT

One study cited a 3,000 percent increase in deepfake fraud last year. Read more ›

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Helika closes $10.8-million CAD Series A for Web3 gaming analytics platform 

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Alex Riehl @ BetaKit · 02/23/2024 06:10 EDT

Following success in North America and Europe, Helika wants to expand to the Asia-Pacific market. Read more ›

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