News from BetaKit

Open banking is dead, Techno-Optimists want a war

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Douglas Soltys @ BetaKit · 11/05/2023 15:46 EDT

Marc Andreessen's manifesto is flawed. But It shows a greater sense of the moment than our politicians. Read more ›

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Electronic circuit manufacturer SMT Intelligence raises $68 million from the Fonds FTQ

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Isabelle Kirkwood @ BetaKit 1 place · 11/03/2023 14:28 EDT

SMT uses robotics, AI to produce over eight million electronic circuits annually. Read more ›

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Why Canadian SMBs are choosing managed service partners to protect against cyber threats

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Miranda Daly @ BetaKit 1 place · 11/03/2023 13:56 EDT

New Cisco data shows only nine percent of Canadian businesses are prepared to handle hybrid security risks. Read more ›

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Nova Scotia taps Maple to expand free virtual care to the entire province

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Alex Riehl @ BetaKit 3 place · 11/03/2023 06:00 EDT

Maple will expand from servicing 145,000 Nova Scotians to over one million. Read more ›

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H|T: The Healthtech Times – Amazon Clinic can now treat cough, cold, or flu

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Alex Riehl @ BetaKit · 11/03/2023 05:00 EDT

Plus: Well Health acquires cybersecurity businesses, CAE to sell healthcare unit for $311M. Read more ›

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BetaKit Live: Getting Hybrid Work Right

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Douglas Soltys @ BetaKit · 11/02/2023 18:40 EDT

What the new best practices to ensure that businesses in 2023 are getting hybrid work right for the long term? Read more ›

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Lightspeed’s stock rises as firm exceeds outlook for fiscal Q2, achieves positive EBITDA

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Josh Scott @ BetaKit 2 place · 11/02/2023 17:13 EDT

Company takes a step towards profitability, boosts revenue guidance. Read more ›

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Faire cuts 250 employees in its second layoff round in last year

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Isabelle Kirkwood @ BetaKit · 11/02/2023 17:02 EDT

Last year, Faire slashed seven percent of its workforce as the e-commerce boom dimmed. Read more ›

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Cultivator’s AgTech accelerator startups surpass $80 million in funding since January 2022

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Alex Riehl @ BetaKit · 11/02/2023 15:08 EDT

Applications are open for its third cohort set to begin in March. Read more ›

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Shopify shares jump after company’s Q3 revenue, profit beat analyst expectations

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Josh Scott @ BetaKit 2 place · 11/02/2023 10:28 EDT

Cost reductions, Amazon fulfillment partnership fuel strong Q3 for Shopify. Read more ›

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Brickeye secures $5 million CAD in convertible debt round with participation from BDC and Graphite Ventures

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Alex Riehl @ BetaKit 3 place · 11/02/2023 10:06 EDT

Brickeye provides construction companies with job site monitoring, analytics, and smart automations. Read more ›

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R|T: The Retail Times – Former Shopify leader launches AI imaging tool for merchants

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Alex Riehl @ BetaKit · 11/02/2023 06:00 EDT

Plus: Shein and Temu call off US legal spats. Read more ›

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Auditor General to probe SDTC following ISED-commissioned investigation

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Josh Scott @ BetaKit · 11/01/2023 17:39 EDT

ISED paused new SDTC funding after third-party report uncovered conflict of interest, governance issues. Read more ›

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FigBytes acquired by Irish software company AMCS in trans-atlantic ESG deal

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Alex Riehl @ BetaKit 3 place · 11/01/2023 15:15 EDT

The deal comes one year after FigBytes secured $14.5 million USD for its ESG insights platform. Read more ›

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RBCx hires former SVB Canada employees to bolster support for seed-stage and life sciences startups

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Josh Scott @ BetaKit 1 place · 11/01/2023 08:00 EDT

RBC joins growing list of Canadian banks to add talent from now-defunct SVB. Read more ›

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Hyatt brothers aim to build their “next big thing” with majority ownership of DataStealth

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Josh Scott @ BetaKit 1 place · 11/01/2023 07:07 EDT

After exiting Dyadem and BlueCat for over $1 billion, the Hyatts have teamed up again to tackle cybersecurity. Read more ›

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A|I: The AI Times – Google & Nvidia are betting on this Canadian startup to boost ML model performance

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Alex Riehl @ BetaKit · 11/01/2023 06:00 EDT

Plus: Hinton and Bengio among leaders signing new AI policy letter. Read more ›

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Richard Lynch will replace John Chen as interim CEO as BlackBerry prepares to split company

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Alex Riehl @ BetaKit · 10/31/2023 16:19 EDT

BlackBerry has been attempting to revive shareholder interest over the past year. Read more ›

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Promise Robotics nets $20.8-million CAD Series A to speed up home building with robots

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Isabelle Kirkwood @ BetaKit · 10/31/2023 14:59 EDT

The startup turns standard industrial robots into plug-and-play homebuilding systems. Read more ›

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PLATO’s Keith McIntosh among EY’s Entrepreneur Of The Year 2023 regional winners

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Alex Riehl @ BetaKit · 10/31/2023 14:46 EDT

McIntosh was recognized for building Indigenous representation among PLATO’s workforce. Read more ›

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