News from BetaKit

One chart that will make you feel good about Canadian tech

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Douglas Soltys @ BetaKit 1 place · 11/18/2024 05:00 EDT

Plus: Neo’s backers, Wealthsimple’s value, and Shopify’s concerns. Read more ›

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Daily Blends raises $2.7 million CAD, signs Metrolinx deal to deploy smart vending machines

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Charlize Alcaraz @ BetaKit 3 place · 03/07/2023 16:16 EDT

Healthy vending machines are coming to public transit stations, college campuses across Canada. Read more ›

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Six months after petition launch, federal minister calls market benefits plan “essential” to Global Talent Stream visa

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Meagan Simpson @ BetaKit · 03/07/2023 15:59 EDT

Employees at VanHack, Hopper, Dapper Labs, others signed a petition that calls the plan “cumbersome.” Read more ›

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Cohere among first investments from Salesforce’s new $250 million AI fund

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Charlize Alcaraz @ BetaKit 3 place · 03/07/2023 13:29 EDT

Salesforce invests in Toronto startup as part of broader generative AI strategy. Read more ›

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Loopio co-founder launches Barley to help make employee compensation easier, more equitable

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Josh Scott @ BetaKit · 03/07/2023 06:00 EDT

Golden Ventures-backed Barley has raised $5.4 million CAD to date. Read more ›

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Adaptis secures $2 million CAD to help building owners move to net zero with AI

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Charles Mandel @ BetaKit 3 place · 03/07/2023 06:00 EDT

“Using deep tech to do deep carbonization is really where we think the gap is.” Read more ›

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F|T: The FinTech Times – Bad news comes in threes for Dapper Labs

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Alex Riehl @ BetaKit · 03/07/2023 05:00 EDT

Plus: Roham on the hot seat. Read more ›

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Drug discovery startup Congruence Therapeutics closes $20 million CAD extension of Series A

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Meagan Simpson @ BetaKit · 03/06/2023 14:12 EDT

BDC Capital's Thrive Venture Fund joined to lead the extension. Read more ›

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Toronto venture funding saw a “return to sanity” in 2022

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Isabelle Kirkwood @ BetaKit 1 place · 03/06/2023 06:02 EDT

Toronto tech startups raised a collective $3.7 billion through 154 deals in 2022. Read more ›

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Canadian startup news of the week (3/05/23)

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Alex Riehl @ BetaKit 2 place · 03/06/2023 05:00 EDT

Plus: Canadian VCs had second highest year on record. Read more ›

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Panache’s Chris Neumann on FounderFuel’s return and “shitty” VC behaviour

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Douglas Soltys @ BetaKit 3 place · 03/05/2023 13:59 EDT

"Myself and every other investor I know has a long list of people we will not deal with again." Read more ›

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Uplinq partners with World Bank Group-linked global network to educate on financial inclusion

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Charles Mandel @ BetaKit 1 place · 03/03/2023 15:57 EDT

FinTech recently raised $820,000 CAD for its global credit assessment platform. Read more ›

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Able Innovations strikes deal with Ottawa hospital for robotic patient transfer tech

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Meagan Simpson @ BetaKit 2 place · 03/03/2023 14:05 EDT

Able Innovations' robotic medical device addresses problem of patient transfers. Read more ›

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Semiconductor firm GaN Systems to be acquired by Infineon for $830 million USD

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Josh Scott @ BetaKit 3 place · 03/03/2023 12:26 EDT

GaN Systems CEO says Infineon will enable company “to unleash our full potential.” Read more ›

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Lightspeed COO Brandon Nussey to depart in latest C-suite shakeup

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Charles Mandel @ BetaKit · 03/03/2023 09:57 EDT

The COO is the latest in a string of exec changes at Lightspeed. Read more ›

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How to build a diverse talent ecosystem for Canada

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Laura Gabor @ BetaKit 3 place · 03/03/2023 06:00 EDT

The race for tech talent is on, and it’s global. Read more ›

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H|T: The Healthtech Times – Is Apple close to no-prick blood glucose tracking for its watch?

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Michael Edgar @ BetaKit · 03/03/2023 05:00 EDT

Plus: Amazon completes takeover of One Medical. Read more ›

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A|I: The AI Times – Google researchers take key step towards Quantum future

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Michael Edgar @ BetaKit 2 place · 03/03/2023 05:00 EDT

Plus: AI generated voices can hack your bank account. Read more ›

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Sonder lays off 14 percent of staff as it aims to become cash flow positive in 2023

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Josh Scott @ BetaKit · 03/02/2023 17:29 EDT

Move marks Sonder’s second round of significant cuts since going public last year. Read more ›

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Yoshua Bengio, Element AI co-founders back AI startup Glowstick in $1.3 million round

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Ryan O'Connor @ BetaKit · 03/02/2023 15:10 EDT

Current and former Square and Shopify employees also invested in Glowstick. Read more ›

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Fresh Prep acquires fellow Vancouver food delivery startup Peko

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Josh Scott @ BetaKit 3 place · 03/02/2023 11:29 EDT

Fresh Prep says deal will help the sustainable meal kit company tackle food waste. Read more ›

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