News from BetaKit

WonderFi to acquire Australian crypto trading licence as “solid foundation” for international expansion

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Josh Scott @ BetaKit 1 place · 03/19/2024 08:05 EDT

After buying up several regulated Canadian crypto exchanges, WonderFi eyes down under for growth. Read more ›

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S|W: The SaaS Weekly – The US could ban TikTok. Will Canada follow?

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Alex Riehl @ BetaKit 2 place · 03/19/2024 05:00 EDT

Plus: MDF commerce agrees to go private, but some shareholders raise a fuss. Read more ›

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Google Canada provides $2.7 million in research grants to major Canadian AI institutes CIFAR, Amii, CEIMIA

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Alex Riehl @ BetaKit · 03/18/2024 16:08 EDT

The funding is aimed at supporting research into sustainability and responsible AI development. Read more ›

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Ocean tech startup Poseidon raises $28-million CAD Series B to make fish farming more eco-friendly

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Isabelle Kirkwood @ BetaKit 2 place · 03/18/2024 15:56 EDT

BC startup offers tech aimed at improving fish welfare, mitigating ecosystem damage. Read more ›

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Sonder faces class action investigation after delaying financial results due to errors in past statements

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Isabelle Kirkwood @ BetaKit · 03/18/2024 15:32 EDT

Company said correcting the errors will increase its net loss for 2022 and 2023. Read more ›

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Nuvei stock rises as company confirms discussions following report of potential buyout

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Alex Riehl @ BetaKit 1 place · 03/18/2024 14:15 EDT

Nuvei has formed a special committee to evaluate "expressions of interest" the company has seen. Read more ›

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The BetaKit Keynote Stage lands in Vancouver for INNOVATEwest 2024

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Isabelle Kirkwood @ BetaKit · 03/18/2024 06:05 EDT

Leaders from Wealthsimple, Koho, D-Wave taking to the stage April 16 and 17. Read more ›

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F|T: The FinTech Times – Minerva chases anti-money laundering big leagues

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Alex Riehl @ BetaKit · 03/18/2024 05:30 EDT

Plus: Open banking framework is coming, but adoption? Not so soon. Read more ›

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Alberta gains on Quebec in venture activity

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Bianca Bharti @ BetaKit · 03/18/2024 05:00 EDT

Plus: BetaKit has the exclusive on two new Canadian AI-focused VCs. Read more ›

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These three FinTech companies are hiring in Canada

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Isabelle Kirkwood @ BetaKit 1 place · 03/15/2024 15:01 EDT

Float, Moneris, PayPal Canada are tapping into the country’s wealth of talent. Read more ›

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Monadical launches Developer Capital to fund early-stage AI startups with help from its team of software devs

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Josh Scott @ BetaKit 1 place · 03/15/2024 11:38 EDT

Montréal investment corp. has closed $2.5 million CAD, backing Unified.to and Rithmik. Read more ›

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MarineLabs looks to bring safety to oceans following $4.5-million seed round

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Isabelle Kirkwood @ BetaKit 2 place · 03/15/2024 06:02 EDT

Startup offers hardware and software that provides real-time wind, wave, and weather data. Read more ›

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H|T: The Healthtech Times – Salesforce launches an AI healthcare assistant

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Alex Riehl @ BetaKit 3 place · 03/15/2024 05:00 EDT

Plus: Vancouver looks to join the global big leagues of modern medicine. Read more ›

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DarwinAI reportedly acquired by Apple

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Isabelle Kirkwood @ BetaKit · 03/14/2024 16:55 EDT

Kitchener-Waterloo startup’s customers have included Lockheed Martin. Read more ›

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DevOps platform Codezero raises $3.5-million seed round

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Alex Riehl @ BetaKit · 03/14/2024 15:29 EDT

The platform is backed by GitHub CEO Thomas Dohmke. Read more ›

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Music collaboration startup BeatConnect raises $2.25 million CAD 

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Isabelle Kirkwood @ BetaKit · 03/14/2024 15:01 EDT

Platform led by CBC alumni reached over 70,000 users in 2023. Read more ›

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TrueContext to be acquired by Battery Ventures in latest Canadian go-private deal

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Alex Riehl @ BetaKit 3 place · 03/14/2024 06:00 EDT

The acquisition values the workflow platform at approximately $150 million. Read more ›

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R|T: The Retail Times – Life House CEO departs following mismanagement accusations

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Alex Riehl @ BetaKit 2 place · 03/14/2024 05:00 EDT

Plus: Travel perks platform Plusgrade gets a new major investor. Read more ›

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Saskatchewan government doubles cap of startup investor tax credit to $7 million

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Isabelle Kirkwood @ BetaKit 3 place · 03/13/2024 15:33 EDT

Program eligibility has also been expanded to include cleantech startups. Read more ›

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Majority owner Markus Frind named permanent CEO of Cymax Group

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Alex Riehl @ BetaKit · 03/13/2024 13:56 EDT

The Plenty of Fish founder first invested in Cymax in 2015. Read more ›

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