News from BetaKit

Canada won’t pursue national semiconductor strategy, AI minister says

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Alex Riehl @ BetaKit 1 place · 05/08/2026 13:41 EDT

Canada is the only G7 country without a standalone strategy. Industry groups are urging action. Read more ›

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Canada’s AI Global Innovation Cluster invests $31.3 million across 22 projects

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Alex Riehl @ BetaKit 3 place · 06/06/2024 06:00 EDT

Alongside partner participation, Scale AI says the projects represent a $96-million investment. Read more ›

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After over a decade at Lightspeed, JP Chauvet aims to be “good sounding board” as Inovia’s newest executive-in-residence

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

In a wide-ranging interview with BetaKit, Chauvet takes stock of time at Lightspeed and outlines plans to help other entrepreneurs. Read more ›

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R|T: The Retail Times – Battle of food delivery apps leads to $20B in losses

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Alex Riehl @ BetaKit · 06/06/2024 04:58 EDT

Plus: Ticketmaster hack affects more than half a billion users. Read more ›

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Canadian-founded Staging Labs acquired by Merkle Science

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Isabelle Kirkwood @ BetaKit · 06/05/2024 15:38 EDT

Staging Labs uses real-time tech to detect and block malicious crypto transactions. Read more ›

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Surveillance hardware tech startup Vosker secures $171.2 million CAD in debt financing

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Isabelle Kirkwood @ BetaKit · 06/05/2024 14:01 EDT

Startup develops solar-powered remote-monitoring cameras that work without Wi-Fi or electricity. Read more ›

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McRock Capital announces initial $111-million CAD close of third fund

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Alex Riehl @ BetaKit · 06/05/2024 12:59 EDT

McRock had previously set a $200 million target for Fund III. Read more ›

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Anthropic’s AI chatbot, Claude, is now available in Canada

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Alex Riehl @ BetaKit · 06/05/2024 11:00 EDT

Anthropic positions itself as the safety-conscious competitor of OpenAI. Read more ›

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Anthropic’s AI chatbot, Claude, is now available in Canada

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Alex Riehl @ BetaKit 2 place · 06/05/2024 08:00 EDT

Anthropic positions itself as the safety-conscious competitor of OpenAI. Read more ›

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Mesosil secures $2.2 million to develop infection-fighting biomaterials for medical devices

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

GreenSky-backed University of Toronto spinout has set its initial sights on dentistry. Read more ›

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A|I: The AI Times – Sam Altman is more powerful than ever

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Alex Riehl @ BetaKit 1 place · 06/05/2024 04:59 EDT

Plus: Can Alberta become the data centre capital of Canada? Read more ›

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MaRS makes layoffs as part of  business model “resetting”

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Isabelle Kirkwood @ BetaKit · 06/04/2024 15:59 EDT

Innovation hub wants to “significantly increase engagement with the private sector and philanthropic circles.” Read more ›

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Feds resume SDTC funding under NRC following damning AG report

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Isabelle Kirkwood @ BetaKit · 06/04/2024 14:55 EDT

Auditor General found “significant lapses” in STDC’s governance and management of public money. Read more ›

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Shopify acquires popular no-code checkout customizer Checkout Blocks

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Alex Riehl @ BetaKit · 06/04/2024 12:35 EDT

The acquisition has made Checkout Blocks' starter version free for all Shopify Plus merchants. Read more ›

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Hunting remote sea mines helped Kraken Robotics’ revenue swell in Q1

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Isabelle Kirkwood @ BetaKit 2 place · 06/04/2024 06:30 EDT

Newfoundland tech firm is helping the Canadian Navy identify and dispose of underwater explosives off Canada’s coasts. Read more ›

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BC’s Centre for Innovation and Clean Energy opens $3-million call for wildfire management tech solutions

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Alex Riehl @ BetaKit 2 place · 06/04/2024 06:00 EDT

The non-dilutive funding will support technology aimed at helping communities adapt to, prevent, and mitigate the impact of wildfires. Read more ›

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S|W: The SaaS Weekly – Salesforce’s first revenue miss in 18 years

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Alex Riehl @ BetaKit · 06/04/2024 05:00 EDT

Plus: Vista Equity writing off PluralSight after $3.5 billion acquisition. Read more ›

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Apollo Insurance closes $18.5 million CAD for new buy now, pay later subsidiary

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Isabelle Kirkwood @ BetaKit · 06/03/2024 14:41 EDT

FinShore allows Apollo’s customers to defer payments on their insurance premiums. Read more ›

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Valsoft nabs Progitek in sixth acquisition of 2024

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Alex Riehl @ BetaKit · 06/03/2024 14:33 EDT

Valsoft closed $229 million CAD in growth financing in January to expand its portfolio. Read more ›

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After validating “enterprise farming playbook” in the US, IntelliCulture closes $3.5 million

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Isabelle Kirkwood @ BetaKit 1 place · 06/03/2024 06:02 EDT

AgTech startup is now looking to grow its team, double down on R&D. Read more ›

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Acorn Biolabs announces $11-million CAD Series A to boost access to regenerative medicine via cell preservation

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

Biotech startup aims to unlock hair regrowth, skin rejuvenation, disease treatment by preserving cells. Read more ›

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