News from BetaKit

GPs and LPs at Startupfest expect gradual recovery with 2024 on pace to be worst for Canadian VC in a decade

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Josh Scott @ BetaKit 2 place · 07/12/2024 18:36 EDT

Industry leaders expect more turnover, fundraising challenges for emerging managers. Read more ›

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Québec Tech’s new mission prompts ecosystem vibe check at Startupfest

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Isabelle Kirkwood @ BetaKit 3 place · 07/12/2024 14:53 EDT

New focus on late-stage, export-ready scaleups sparks debate on how best to support tech in province. Read more ›

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Three companies hiring tech workers in Montréal

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Isabelle Kirkwood @ BetaKit · 07/12/2024 13:20 EDT

Did Startupfest pique your curiosity about Montréal tech? LGS, Genpact, and Intact are hiring in the city. Read more ›

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After reaching $100 million USD in revenue, Vena becomes Canada’s latest “centaur” company

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Isabelle Kirkwood @ BetaKit 1 place · 07/12/2024 06:15 EDT

Vena says it is benefitting from "strong, predictable growth." Read more ›

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Katherine Homuth has a problem

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Siri Agrell @ BetaKit · 07/12/2024 06:00 EDT

The SRTX founder wants more companies to tackle big challenges. Read more ›

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Armed with $782,000 CAD in pre-seed funding, MedReddie eyes new markets

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Isabelle Kirkwood @ BetaKit · 07/11/2024 18:11 EDT

Startup aims to speed up the technology procurement process for healthcare providers. Read more ›

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Swift Medical among the latest #CDNtech companies to appoint new leaders as industry executive turnover continues

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Isabelle Kirkwood @ BetaKit · 07/11/2024 15:06 EDT

Changes in top leadership also hit Faire, Kovo HealthTech, goeasy, CFI, and more. Read more ›

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Digital Innovation Cluster invests $15 million into AI megaproject from consortium of Canadian healthtech companies

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Alex Riehl @ BetaKit · 07/11/2024 13:06 EDT

Partners in the $44-million project include ORX, Well Health, Healwell AI, Tali AI, and Simon Fraser University. Read more ›

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TandemLaunch secures $27-million first close of Fund IV to build more Montréal deep-tech startups

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Josh Scott @ BetaKit 1 place · 07/11/2024 00:04 EDT

Montréal venture studio specializes in university tech transfers. Read more ›

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Feds, BC invest nearly $73 million into Aspect Biosystems to establish biomanufacturing facility

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Alex Riehl @ BetaKit · 07/10/2024 17:13 EDT

The clinical facility aims to be the first dedicated to producing bioprinted tissue therapeutics in Canada. Read more ›

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Point Laz raises $1.2 million to bring mine shaft scanning device to market

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Alex Riehl @ BetaKit 2 place · 07/10/2024 14:39 EDT

The startup said its first 10 commercial scanners are now set to be produced and exported worldwide. Read more ›

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Intuit closes Edmonton office as company-wide layoffs impact 10 percent of employees

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Alex Riehl @ BetaKit 3 place · 07/10/2024 10:41 EDT

Some roles are being consolidated to its Toronto office to “better align” resources, company says. Read more ›

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Startup Montréal touts international vision with rebrand to Québec Tech

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Isabelle Kirkwood @ BetaKit 3 place · 07/10/2024 04:59 EDT

Québec Tech has received $7 million CAD from the Québec government to help startups scale internationally. Read more ›

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D2L and MDF Commerce expand software portfolios with latest acquisitions

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Isabelle Kirkwood @ BetaKit · 07/09/2024 16:10 EDT

Recently privatized MDF Commerce acquires EcoInteractive as D2L purchases H5P Group. Read more ›

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Bell acquires #CDNtech companies Stratejm and CloudKettle to beef up cloud capabilities

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Isabelle Kirkwood @ BetaKit · 07/09/2024 14:39 EDT

Deals aim to boost Bell’s offerings in cybersecurity and Salesforce expertise. Read more ›

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Clutch receives $10-million strategic investment from iA Financial group

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Alex Riehl @ BetaKit · 07/09/2024 13:05 EDT

The investment will see iA's insurance products integrated into Clutch’s online vehicle marketplace. Read more ›

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Ex-RBC, Fairstone Bank, Credit Karma execs launch direct-to-consumer personal loans platform

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Isabelle Kirkwood @ BetaKit 1 place · 07/09/2024 07:00 EDT

Fig, a subsidiary of Fairstone Bank, initially launched through partnerships with companies like Borrowell. Read more ›

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Roga secures $1.7 million CAD to reduce stress and burnout with its nerve-stimulating wearable

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Josh Scott @ BetaKit 1 place · 07/09/2024 06:00 EDT

Neuroscientist and former Google Pixel PM team up to tackle workplace stress with Roga. Read more ›

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Accessible transportation platform gives cities options to Spare

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Isabelle Kirkwood @ BetaKit · 07/09/2024 05:59 EDT

With growth financing from CIBC Innovation Banking, a Vancouver-based transit solution will focus on new AI integrations. Read more ›

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Bitfarms appoints Ben Gagnon as CEO amidst activist threats from Riot Platforms

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Alex Riehl @ BetaKit · 07/08/2024 17:02 EDT

Bitfarms parted ways with a CEO in March, kicking off a lawsuit and a public spat with Riot. Read more ›

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