News from BetaKit

Descartes acquires US-based GroundCloud for $138 million USD

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Charlize Alcaraz @ BetaKit 3 place · 02/14/2023 16:42 EDT

Descartes aims to apply GroundCloud’s safety content, compliance solutions across more industries. Read more ›

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Federal government reveals breakdown of $700 million renewed commitment to Innovation Clusters

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Charlize Alcaraz @ BetaKit 3 place · 02/14/2023 14:35 EDT

Renewed funding follows previous lobbying efforts to increase investments into clusters. Read more ›

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Blaise Transit signs contract to deploy on-demand transit tech in Nova Scotia

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Ryan O'Connor @ BetaKit · 02/14/2023 14:35 EDT

The tech will be deployed to 23 communities over 12 months. Read more ›

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Real Ventures partners with Panache, Inovia to relaunch FounderFuel accelerator

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Josh Scott @ BetaKit 2 place · 02/14/2023 08:00 EDT

Longstanding venture-backed startup program goes national with hybrid approach. Read more ›

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WFHomie acquired by Houston’s GoCo to create all-in-one HR platform

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Charles Mandel @ BetaKit · 02/14/2023 06:00 EDT

WFHomie was the first investment out of Ryan Holmes and Manny Padda’s fund LOI Venture. Read more ›

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F|T: The FinTech Times – Layoffs continue to hit Canadian FinTech

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Michael Edgar @ BetaKit · 02/14/2023 05:00 EDT

Plus: PayPal's CEO to retire at the end of 2023. Read more ›

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GreenSky expands team, secures $16 million first close of Fund V as firm sees opportunity amid the downturn

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Josh Scott @ BetaKit 3 place · 02/13/2023 06:00 EDT

“When you get that kind of volatility … that’s when you get the best opportunities.” Read more ›

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GreenSky expands team, secures $17 million first close of Fund V as firm sees opportunity amid the downturn

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Josh Scott @ BetaKit 1 place · 02/13/2023 06:00 EDT

“When you get that kind of volatility … that’s when you get the best opportunities.” Read more ›

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Canadian startup news of the week (2/12/23)

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Michael Edgar @ BetaKit 2 place · 02/13/2023 05:00 EDT

Plus: Fight brews over Magnet Forensics’ proposed $1.8 billion acquisition. Read more ›

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What comes after the attention economy?

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Douglas Soltys @ BetaKit 1 place · 02/11/2023 15:12 EDT

Kate Bush and Girl Talk point to new outcomes and priorities. Read more ›

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Thinkific, WonderFi, VerticalScope face leadership changes following layoffs

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Charlize Alcaraz @ BetaKit 1 place · 02/10/2023 17:15 EDT

Canadian tech companies hit with executive exodus amid sector downturn. Read more ›

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Fight brews over Magnet Forensics’ proposed $1.8 billion acquisition by Thoma Bravo

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Josh Scott @ BetaKit 1 place · 02/10/2023 15:58 EDT

Magnet Forensics shareholder contests deal; independent Magnet directors push back. Read more ›

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As unregulated crypto players collapse around the world, Netcoins expands into the US

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Josh Scott @ BetaKit 3 place · 02/10/2023 11:06 EDT

Canadian firm aims to offer “compliant” alternative to unregistered US exchanges. Read more ›

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GSoft acquires Didacte to bolster employee engagement software suite

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Charlize Alcaraz @ BetaKit 3 place · 02/10/2023 06:00 EDT

GSoft said this marks the beginning of more acquisitions. Read more ›

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R|T: The Retail Times – Amazon facing antitrust, slower growth

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Michael Edgar @ BetaKit 1 place · 02/10/2023 05:00 EDT

Plus: Lightspeed layoffs Groundhog Day Read more ›

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H|T: The Healthtech Times – Spotify founder takes on healthcare

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Michael Edgar @ BetaKit · 02/10/2023 05:00 EDT

Plus: Manitoba's sleep test backlog solution. Read more ›

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Following exit to Live Nation, Universe founders secure $10.8 million for online art marketplace Peggy

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Charlize Alcaraz @ BetaKit 2 place · 02/09/2023 16:11 EDT

Peggy uses AI to help artists and collectors authenticate artwork. Read more ›

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Levr.ai closes $1 million in pre-seed funding to simplify loan applications

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Ryan O'Connor @ BetaKit · 02/09/2023 15:33 EDT

After seeing qualified businesses struggle to secure financing, Levr.ai’s founders sought to create an easier process. Read more ›

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Shopify unveils new features for shopping app, fulfillment network in latest products update report

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Charlize Alcaraz @ BetaKit 3 place · 02/09/2023 09:00 EDT

Shopify focused on expanding its fulfillment network and Shop app. Read more ›

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A|I: The AI Times – Google bets on Anthropic, Ada makes more layoffs

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Michael Edgar @ BetaKit 3 place · 02/09/2023 05:00 EDT

Plus: The fight against AI art. Read more ›

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