News from BetaKit

Federal government invests $2.4 million in P&P Optica to help meat processors automate food safety

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Charlize Alcaraz @ BetaKit 3 place · 11/07/2022 17:05 EDT

PPO’s systems can detect and remove objects like plastics, rubber from food. Read more ›

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Hopper closes $96 million USD from Capital One at more than $5 billion valuation

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Josh Scott @ BetaKit · 11/07/2022 16:19 EDT

Montréal-based Hopper has secured about $96 million USD ($130 million CAD) in equity funding from American financial giant Capital One to build out its business-to-business (B2B) functionality and support a push into social commerce. Capital One previously led Hopper’s $170 million USD March 2021 Series F round. Last year, Capital One also became the first and “keynote” client of Hopper’s B2B business, Hopper Cloud, as the two firms teamed up... Read more ›

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QueerTech launches hybrid conference for 2SLGBTQS+ tech

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Charlize Alcaraz @ BetaKit · 11/07/2022 14:38 EDT

Named QT Qonference, the event will take place from November 10 to 11. Read more ›

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Q4 Inc. CEO confident in 2023 profitability despite continued slow growth

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Josh Scott @ BetaKit · 11/07/2022 06:00 EDT

M&A, delistings, frigid IPO market have impacted Q4 Inc’s customer retention, expansion. Read more ›

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Canadian startup news of the week (11/6/22)

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Michael Edgar @ BetaKit · 11/07/2022 06:00 EDT

Plus: Lightspeed and Nuvei increase revenues, see share prices drop. Read more ›

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CCI laments lack of detail on SR&ED, innovation agency as feds share economic update

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Charles Mandel @ BetaKit 1 place · 11/04/2022 15:58 EDT

Fall Economic Statement indicates projects are underway, but not at a pace the innovation community likes. Read more ›

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OnCall Health acquired by US-based SaaS provider Qualifacts

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Charlize Alcaraz @ BetaKit 2 place · 11/04/2022 13:50 EDT

Prior to its acquisition, OnCall has raised around $10.5 million CAD. Read more ›

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Twitter’s mass layoffs hit Canadian office

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Meagan Simpson @ BetaKit 1 place · 11/04/2022 11:15 EDT

Unknown at this time how many Twitter Canada employees were affected. Read more ›

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How startup CFOs can prepare for their rapidly changing role expectations

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Stefan Palios @ BetaKit 2 place · 11/04/2022 07:00 EDT

CFOs need to focus on facilitation, fairness, and future technology. Read more ›

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Report: Vancouver, Toronto saw greatest high-tech job growth in North America over the last two years

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Josh Scott @ BetaKit 2 place · 11/04/2022 06:00 EDT

Montréal ranked fifth, while CBRE named Waterloo, Ottawa, Calgary markets to watch again. Read more ›

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H|T: The Healthtech Times – Inside Google’s quiet digital health acquisition

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Michael Edgar @ BetaKit · 11/04/2022 05:30 EDT

Plus: Cerebral lays off 20 percent of its staff. Read more ›

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Market watch: Lightspeed, Nuvei increase revenues but reports lead shares to fluctuate

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Charles Mandel @ BetaKit · 11/03/2022 16:30 EDT

Lightspeed's share price dropped after the report was tabled. Read more ›

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VCCI funding in hand, Kensington Capital Partners targets $290 million third venture fund

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Josh Scott @ BetaKit · 11/03/2022 12:25 EDT

With renewed mandate from Government of Canada, Kensington aims to nearly double its previous fund. Read more ›

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Google opens new Montréal office, commits $2.75 million to Québec tech

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Charlize Alcaraz @ BetaKit 2 place · 11/03/2022 11:53 EDT

Google finally opens new Montréal office after big 2020 commitment to expand in Canada. Read more ›

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Audette raises $12.8 million CAD to ‘level up’ decarbonization of buildings

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Charlize Alcaraz @ BetaKit · 11/03/2022 10:59 EDT

The Victoria-based startup plans to expand from five to 150 North American cities. Read more ›

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1Password acquires Texas-based Passage to fuel push into passkeys

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Josh Scott @ BetaKit 2 place · 11/03/2022 08:59 EDT

1Password envisions a future beyond passwords. Read more ›

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How Canada can get a big slice of the trillion-dollar global semiconductor market

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Stefan Palios @ BetaKit 3 place · 11/03/2022 06:00 EDT

Leaders explain why hardware is cool again ahead of HardTech Conference. Read more ›

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R|T: The Retail Times – Solving Shopify: lost swagger? Or “enormous opportunity ahead?”

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Michael Edgar @ BetaKit · 11/03/2022 05:30 EDT

Plus: Lightspeed promotes CRO JD St-Martin to president as leadership overhaul continues. Read more ›

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Dapper Labs lays off 22 percent of staff

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Meagan Simpson @ BetaKit 3 place · 11/02/2022 16:54 EDT

Vancouver tech startups Dapper and Hootsuite both made layoffs this week. Read more ›

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Hootsuite makes additional staff cuts following August layoffs

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Josh Scott @ BetaKit · 11/02/2022 14:17 EDT

August cuts impacted one-third of company; latest round hit approximately 5 percent. Read more ›

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