News from BetaKit

Snowflake opens Toronto HQ, engineering hub to expand investment in Canada

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Charlize Alcaraz @ BetaKit · 11/02/2022 13:31 EDT

Billion-dollar US company makes it snow early in Toronto. Read more ›

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Report: Atlantic Canada 10th strongest blue economy startup ecosystem globally

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Josh Scott @ BetaKit · 11/02/2022 11:59 EDT

Vancouver follows closely at 14, with Calgary 27, and Toronto-Waterloo at 35. Read more ›

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Hopeful Evernote competitor Nook raises $2.39 million CAD pre-seed round

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Meagan Simpson @ BetaKit 3 place · 11/02/2022 06:00 EDT

Ottawa note-taking app’s investors include angels from Apple, LinkedIn, Rewind, Shopify. Read more ›

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A|I: The AI Times – U of T gets an AI nod from Eric Schmidt

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Michael Edgar @ BetaKit · 11/02/2022 05:30 EDT

Plus: CIFAR appoints 8 new AI chairs. Read more ›

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BDC commits $400 million for second cleantech-focused fund

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Charles Mandel @ BetaKit · 11/02/2022 00:01 EDT

Climate Tech Fund II focuses on reducing greenhouse gas emissions. Read more ›

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Voilà! closes $13.75 million Series A to help combat labour shortages across Canada, United States

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Michael Edgar @ BetaKit · 11/01/2022 13:53 EDT

Voilà! claims it can drop absenteeism by 35 percent. Read more ›

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Technation launches cybersecurity taskforce, calls on Canadian governments to “recognize cybersecurity as a matter of national security”

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Josh Scott @ BetaKit · 11/01/2022 13:32 EDT

Taskforce has leaders from CGI, Cisco, eSentire, Darktrace, Infosys, Microsoft, Skyhive. Read more ›

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Three big takeaways from BFUTR 2022

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Douglas Soltys @ BetaKit · 11/01/2022 12:45 EDT

Creating opportunities for Black talent is still a disruptive idea in tech. Read more ›

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TouchBistro secures $150 million to move upmarket and pursue strategic M&A as it braces for more economic uncertainty

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Josh Scott @ BetaKit 1 place · 11/01/2022 05:59 EDT

Amid the prospect of recession and stiff competition, TouchBistro sets sights on growing efficiently. Read more ›

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S|W: The SaaS Weekly – A brutal week for Big Tech

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Michael Edgar @ BetaKit · 11/01/2022 05:30 EDT

Plus: Meet the new Chief Twit. Read more ›

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Shopify acquires Remix to bolster its headless commerce framework

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Charlize Alcaraz @ BetaKit · 10/31/2022 17:38 EDT

Latest acquisition meant to remix Shopify’s own framework tool for building storefronts. Read more ›

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Mogo at risk of being delisted from Nasdaq for sub-$1 USD share price

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Charlize Alcaraz @ BetaKit · 10/31/2022 16:48 EDT

The Vancouver FinTech startup has 180 days to get over $1 USD. Read more ›

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BC venture funding fell to a seven-quarter low in Q3 2022

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Isabelle Kirkwood @ BetaKit 3 place · 10/31/2022 13:07 EDT

Investor sentiment goes from FOMO to fussy as deal volume falls to three-year low. Read more ›

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Making future bets on Shopify, Wealthsimple & the metaverse

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Douglas Soltys @ BetaKit 3 place · 10/31/2022 07:00 EDT

Come on the podcast, Tobi. Read more ›

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Blossom Social secures $750,000 to build “Canada’s first social brokerage”

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Josh Scott @ BetaKit 1 place · 10/31/2022 06:00 EDT

Amid market downturn, CEO says community is “more important than ever” for retail investors. Read more ›

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Satellite component testing startup Connektica raises $2.7 million CAD

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Charles Mandel @ BetaKit · 10/31/2022 06:00 EDT

An indirect player in the space race, Connektica carries out quality assurance testing. Read more ›

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F|T: The FinTech Times – Wealthsimple stakes its crypto claim

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Michael Edgar @ BetaKit · 10/31/2022 05:45 EDT

Plus: WonderFi swaps CEO as company plans stock trading, sports betting hedge. Read more ›

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Canadian startup news of the week (10/30/22)

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Michael Edgar @ BetaKit 2 place · 10/31/2022 05:30 EDT

Plus: Placing future bets on Shopify and Wealthsimple. Read more ›

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CIFAR appoints 8 new AI chairs as Pan-Canadian Artificial Intelligence Strategy enters phase two

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Meagan Simpson @ BetaKit 1 place · 10/28/2022 16:39 EDT

CIFAR is responsible for implementing the $443 million federal AI strategy. Read more ›

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University of Toronto one of nine schools chosen for Eric Schmidt’s new $148 million AI research initiative

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Josh Scott @ BetaKit 1 place · 10/28/2022 13:15 EDT

U of T only Canadian university to secure funding from former Google CEO to support application of AI to STEM research. Read more ›

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