News from BetaKit

Y Combinator website no longer lists Canada as a country it invests in

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Alex Riehl @ BetaKit 1 place · 01/26/2026 17:01 EDT

Change implies Canadian startups have to incorporate in the US, Cayman Islands, or Singapore to join accelerator. Read more ›

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How Simple Ventures plans to fill a gap in Canadian entrepreneurship 

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Douglas Soltys @ BetaKit 3 place · 05/05/2024 17:54 EDT

CEO Rachel Zimmer discusses the power of geographical arbitrage and the current impediments to Canadian entrepreneurship. Read more ›

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ITIF president wonders whether Canada has the “political will” to fix its productivity issues

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Bianca Bharti @ BetaKit 1 place · 05/03/2024 17:12 EDT

Rob Atkinson pines for a "killer instinct" while launching the Centre for Canadian Innovation and Competitiveness. Read more ›

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Potential Motors secures $2 million to commercialize terrain-perception software for off-road vehicles

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Josh Scott @ BetaKit 3 place · 05/03/2024 06:01 EDT

After years of R&D, Potential says it is ready to take its core tech to market. Read more ›

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AlterBiota closes $4-million seed round in mission to decarbonize concrete

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Josh Scott @ BetaKit 2 place · 05/03/2024 06:00 EDT

Invest Nova Scotia, BDC-backed AlterBiota has developed a sustainable concrete additive. Read more ›

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Rogers Cybersecure Catalyst and RBC launch FinSec incubator

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Alex Riehl @ BetaKit 1 place · 05/03/2024 06:00 EDT

Incubator aims to help emerging FinTech and cybersecurity startups achieve product-market fit. Read more ›

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H|T: The Healthtech Times – Recent hospital research undercuts AI’s timesaving promises

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Alex Riehl @ BetaKit · 05/03/2024 04:59 EDT

Plus: Drug discovery startup from controversial ex-Stanford president raises $1B. Read more ›

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Netskrt Systems secures $10 million CAD in Series A financing to improve streaming speeds in “underserved” communities

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Isabelle Kirkwood @ BetaKit · 05/02/2024 16:32 EDT

Yaletown Partners and InBC Investment Corp were among investors in the content-delivery network startup. Read more ›

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The Startup Train returns for its 10th year to kick off Startupfest 2024

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Isabelle Kirkwood @ BetaKit 1 place · 05/02/2024 14:40 EDT

Chartered train offers a one-way, business-class journey from Toronto to Montréal. Read more ›

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1Password looks to help businesses secure unmanaged devices with a new offering

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Alex Riehl @ BetaKit 3 place · 05/02/2024 14:11 EDT

Extended Access Management stems from 1Password’s acquisition of Kolide in February. Read more ›

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Save da Sea closes seed financing, becomes the first investment of BDC’s Thrive Lab

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Isabelle Kirkwood @ BetaKit 3 place · 05/02/2024 06:01 EDT

Startup is serving up plant-based alternatives to seafood. Read more ›

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South Korea’s neighbourhood buy-and-sell app Karrot hits one million Canadian users, builds Toronto engineering hub

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Josh Scott @ BetaKit 3 place · 05/02/2024 06:00 EDT

Karrot aims to expand North American presence with Ritual, GoodGood co-founder Robert Kim. Read more ›

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R|T: The Retail Times – Klarna joins growing BNPL trend, sunsets rewards program

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Alex Riehl @ BetaKit · 05/02/2024 04:59 EDT

Plus: The Amazon union movement reaches Quebec. Read more ›

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Versaterm acquires American mental health platform for first responders

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Alex Riehl @ BetaKit · 05/01/2024 17:26 EDT

This is the public safety tech firm’s second acquisition within the past month. Read more ›

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Feds set hard cap on Start-up Visa program applications, pause self-employed persons program

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Alex Riehl @ BetaKit 3 place · 05/01/2024 14:56 EDT

Last year, the feds targeted 3,500 SUV applications in 2024. Now, it’s a maximum of 840. Read more ›

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Five things you’ll want to do at the world’s most interesting crypto conference

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Siri Agrell @ BetaKit 3 place · 05/01/2024 13:23 EDT

A Canadian delegation is heading to Texas this May for Consensus 2024. Read more ›

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WonderFi’s Bitbuy purchases clients of Bitstamp as fellow crypto exchange exits Canada

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Josh Scott @ BetaKit 3 place · 05/01/2024 06:00 EDT

Latest acquisition comes as some WonderFi shareholders push for board revamp. Read more ›

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Hydrogen power projects receive $57 million in funding from Alberta government

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Isabelle Kirkwood @ BetaKit 3 place · 05/01/2024 05:50 EDT

Alberta government wants to make the province the “hydrogen capital of Canada.” Read more ›

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A|I: The AI Times – Meet Sanctuary AI’s most human-like robot yet

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Alex Riehl @ BetaKit · 05/01/2024 04:59 EDT

Plus: OpenAI, Meta, and Google sign on to child exploitation safety measures. Read more ›

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Capital gains tax changes not included in feds’ Budget 2024 motion bill

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Josh Scott @ BetaKit · 04/30/2024 16:08 EDT

Freeland continued to back tax changes but dodged questions about their absence in the motion. Read more ›

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Biointelligence raises $5 million for biomanufacturing efficiency platform

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Alex Riehl @ BetaKit · 04/30/2024 15:01 EDT

The company intends to use the funds to accelerate growth in the United States and Europe. Read more ›

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