News from BetaKit

Canadian startup news of the week (1/29/23)

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Michael Edgar @ BetaKit 1 place · 01/30/2023 05:00 EDT

Plus: Another Shopify C-suite exec departs. Read more ›

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Can Amber Mac explain WTF is happening in tech right now?

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Douglas Soltys @ BetaKit 1 place · 01/27/2023 17:57 EDT

Not quite the best start to 2023 for tech. Read more ›

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As Big Tech makes mass layoffs, recent Canadian startup reductions might cut deeper

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Meagan Simpson @ BetaKit 2 place · 01/27/2023 17:20 EDT

PartnerStack, SSENSE, #paid, Shakepay, Venngage latest to cut staff. Read more ›

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Smile Digital Health secures $30 million Series B to expand AI, machine learning capabilities

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Charlize Alcaraz @ BetaKit 2 place · 01/27/2023 15:30 EDT

LinkedIn posts indicate Smile Digital Health quietly let people go last year. Read more ›

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Nuula sold to Nav Technologies following collapse of Series A round

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Charlize Alcaraz @ BetaKit 2 place · 01/27/2023 11:42 EDT

Nuula CEO: Company planned to raised $5 million but it "became impossible to close." Read more ›

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Shopify CTO Allan Leinwand to depart company, citing “personal reasons”

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Josh Scott @ BetaKit 1 place · 01/27/2023 09:15 EDT

CEO Tobi Lütke to also lead R&D as Shopify loses third C-Suite exec since October. Read more ›

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S|W: The SaaS Weekly – Hootsuite swaps CEOs amidst third set of staff cuts

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Michael Edgar @ BetaKit · 01/27/2023 05:00 EDT

Plus: Magnet Forensics gets acquired in $1.8 billion CAD deal. Read more ›

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A|I: The AI Times – Microsoft wants OpenAI everywhere, Google calls in reinforcements

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Michael Edgar @ BetaKit · 01/27/2023 05:00 EDT

Plus: Is Tesla's autopilot 'overhyped'? Read more ›

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SVG Ventures Thrive aims to raise $75 million CAD for third agrifood fund

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Charlize Alcaraz @ BetaKit · 01/26/2023 13:13 EDT

The fund will make initial investments in seed to Series A agrifood startups. Read more ›

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How to turn new grads into successful employees

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Stefan Palios @ BetaKit 2 place · 01/26/2023 08:55 EDT

Younger generations value interesting work and team connection; they require structure and strong communication. Read more ›

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Bitcoin infrastructure startup Blockstream raises $125 million USD to expand crypto mining services

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Charlize Alcaraz @ BetaKit 1 place · 01/26/2023 06:00 EDT

The Montréal firm claims demand for its hosting services remains high, despite volatile market. Read more ›

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R|T: The Retail Times – Why everyone is making layoffs—except Apple

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Michael Edgar @ BetaKit · 01/26/2023 05:00 EDT

Plus: Inside the battle for the future of Amazon. Read more ›

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Five Canadian programs listed among top incubators, accelerators globally

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Meagan Simpson @ BetaKit 2 place · 01/25/2023 13:15 EDT

Canada is the only country with three programs named to the top ten list. Read more ›

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Canadian-led, New York-based AtomicJar aims to hire in Canada with $25 million USD Series A

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Josh Scott @ BetaKit 1 place · 01/25/2023 08:59 EDT

US software testing firm hopes to build “centre of excellence” in Canada. Read more ›

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Pender Ventures closes first half of $100 million target for second venture fund

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Meagan Simpson @ BetaKit 2 place · 01/25/2023 05:05 EDT

After focusing primarily on Western Canada, Pender Ventures has its eye on other parts of Canada. Read more ›

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H|T: The Healthtech Times – How Tomi Poutanen is using AI to tackle Canadian healthcare

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Michael Edgar @ BetaKit 1 place · 01/25/2023 05:00 EDT

Plus: Teladoc Health lays off 300 staff. Read more ›

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Alphabet company DeepMind shutters Edmonton site as part of Google layoffs

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Charlize Alcaraz @ BetaKit · 01/24/2023 18:13 EDT

DeepMind said it's maintaining its other Canadian locations in Montréal, Toronto. Read more ›

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Tiny enters deal to go public on TSXV through merger with WeCommerce

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Charlize Alcaraz @ BetaKit · 01/24/2023 17:09 EDT

Tiny created WeCommerce in 2019 to acquire Shopify partner businesses. Read more ›

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Tenstorrent swaps CEOs as Apple, AMD, Intel alum takes helm of AI chip unicorn

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Josh Scott @ BetaKit 3 place · 01/24/2023 14:45 EDT

Tenstorrent founder becomes CTO as company also hires ex-Google director as COO. Read more ›

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Fintech Cadence, Atlantic FinTech partner to create national reach

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Michael Edgar @ BetaKit · 01/24/2023 13:06 EDT

Partnership hopes to unify FinTech clusters across the country. Read more ›

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