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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A|I: The AI Times – AI is jeopardizing Microsoft’s climate goals

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Alex Riehl @ BetaKit · 05/23/2024 05:00 EDT

Plus: OpenAI hemorrhages safety-conscious leaders, including Canadian Ilya Sutskever. Read more ›

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Conexus Venture Capital launches its second $30-million fund to back Saskatchewan tech startups

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Josh Scott @ BetaKit 3 place · 05/22/2024 20:30 EDT

Conexus Credit Union reaffirms commitment to local VC with another $15-million investment. Read more ›

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Busbud acquires South African revenue management platform Ratality

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Alex Riehl @ BetaKit · 05/22/2024 15:24 EDT

The acquisition adds demand forecasting, dynamic pricing, and fleet management features to Busbud’s platform. Read more ›

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Boeing backs Québec’s new aerospace innovation zone with $240 million CAD

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Alex Riehl @ BetaKit · 05/22/2024 12:54 EDT

Québec said Espace Aéro comes with $415 million in planned investment. Read more ›

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Paytm, PSP Investments alumni announce $5.25 million to build a super app for Canadian immigrants called Beacon

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Josh Scott @ BetaKit 1 place · 05/22/2024 06:00 EDT

Beacon aims to become ‘the trusted brand for immigrants to Canada.’ Read more ›

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S|W: The SaaS Weekly – Squarespace to go private in $6.9 billion deal after hefty IPO

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Alex Riehl @ BetaKit · 05/22/2024 04:59 EDT

Plus: Figma shareholders to sell at a discount in Adobe deal fallout. Read more ›

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CoLab raises $28.6-million CAD Series B to grow its team and incorporate AI

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Alex Riehl @ BetaKit · 05/21/2024 14:32 EDT

CoLab CEO Adam Keating said he expects to grow the team from 86 to 125 employees by the end of the year. Read more ›

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Pesa is banking on Canadians’ sense of duty

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Isabelle Kirkwood @ BetaKit 1 place · 05/21/2024 10:02 EDT

The very personal world of cross-border transactions. Read more ›

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Blossom closes $2.1 million to grow its investing social network in the US

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Josh Scott @ BetaKit 1 place · 05/21/2024 06:00 EDT

After abandoning its brokerage vision, Blossom plans to remain a social platform. Read more ›

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F|T: The FinTech Times – Is Canada an easy mark for international money laundering?

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Alex Riehl @ BetaKit · 05/21/2024 05:30 EDT

Plus: ZayZoon returns its services to Canada after years in the US. Read more ›

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The procurement problem in Canadian healthtech

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Bianca Bharti @ BetaKit 3 place · 05/21/2024 05:00 EDT

Plus: The latest stats on Q1 startup funding. Read more ›

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Vantage points: MedEssist’s Joella Almeida on why being the ‘Shopify for Pharmacies’ is not enough

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Douglas Soltys @ BetaKit · 05/20/2024 18:59 EDT

"Federally procured and provincially distributed" healthcare alienates practitioners and creates poor patient outcomes. Read more ›

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Gradient Ventures’ Darian Shirazi on where AI value will accrue 

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Douglas Soltys @ BetaKit · 05/20/2024 18:01 EDT

A wide-angle view on the state of AI from the VC backing Lambda and CentML. Read more ›

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Bench and Shopify alumni announce $11 million CAD to build “the Stripe for accounting” with Teal

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Josh Scott @ BetaKit 1 place · 05/20/2024 09:00 EDT

Vancouver-based Teal provides bookkeeping infrastructure to vertical SaaS companies. Read more ›

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Meet the founder who wants to expedite Parkinson’s patient care with her tech

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Bianca Bharti @ BetaKit 1 place · 05/17/2024 14:12 EDT

Bronwyn Bridges discusses her journey into healthtech with PragmaClin and her entrepreneurial “superpower.” Read more ›

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Vantage points: Serial entrepreneur Ali Asaria on the Canadian tech “bubble” and how to beat the US

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Douglas Soltys @ BetaKit 2 place · 05/17/2024 12:23 EDT

Tulip co-founder thinks Canada can be a global “startup amongst incumbents.” Read more ›

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Q1 Canadian VC funding posts mixed results as PE market rebounds, CVCA reports

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Josh Scott @ BetaKit 3 place · 05/17/2024 06:00 EDT

Pre-seed, seed-stage VC funding declines as late-stage investment continues descent. Read more ›

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H|T: The Healthtech Times – Neuralink encounters its first problem in a human patient

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Alex Riehl @ BetaKit 1 place · 05/17/2024 05:00 EDT

Plus: Oracle’s $28 billion Cerner healthtech acquisition is losing clients. Read more ›

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Lightspeed stock jumps as Dax Dasilva stays put, posts positive Q4 earnings

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Alex Riehl @ BetaKit · 05/16/2024 14:49 EDT

The firm’s founder is officially back in the CEO chair, shedding the interim label he’s had since February. Read more ›

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Diversio acquires CCDI Consulting to expand its workplace-inclusion services

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Alex Riehl @ BetaKit 2 place · 05/16/2024 06:00 EDT

Diversio now offers consulting services and hundreds of training courses with its survey and data analytics dashboard. Read more ›

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