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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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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Ex-BDC partner aims to back early-stage “AI frontier” startups with Defined Capital

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Josh Scott @ BetaKit 2 place · 03/13/2024 06:00 EDT

Vancouver VC fund has closed over a third of its $15-million USD target from LPs like Inovia, Band, and BC tech entrepreneurs. Read more ›

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Biotech startup Noa Therapeutics raises $2.2 million in pre-seed funding

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Isabelle Kirkwood @ BetaKit 3 place · 03/13/2024 06:00 EDT

Pre-clinical startup discovers drugs that treat inflammatory diseases. Read more ›

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A|I: The AI Times – OpenAI says Elon Musk agreed to plans he is now suing them for

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Alex Riehl @ BetaKit · 03/13/2024 05:00 EDT

Plus: Feds intend to move on AI legislation without industry consultation. Read more ›

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Alberta earmarks $55 million to build tech, science hub at the University of Calgary

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Alex Riehl @ BetaKit · 03/12/2024 15:20 EDT

The hub will include incubator space for researchers to collaborate with industry partners. Read more ›

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Opalia closes $2 million to make more milk with less moo

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Isabelle Kirkwood @ BetaKit · 03/12/2024 14:15 EDT

Startup develops milk from bovine mammary cells. Read more ›

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MDF Commerce to go private in $255-million acquisition by New York-based KKR

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Alex Riehl @ BetaKit · 03/12/2024 14:09 EDT

The deal’s price tag is a premium on its recent TSX close yet well below its peak value. Read more ›

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#Tech+Biz4SickKids launches with new name, lineup of Canadian tech ambassadors

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Isabelle Kirkwood @ BetaKit 3 place · 03/12/2024 08:01 EDT

Campaign aims to drive support from Canadian tech to support SickKids. Read more ›

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Yamaha Motors leads Joyride’s $7-million CAD Series A as startup sets sights on enterprises and OEMs

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Isabelle Kirkwood @ BetaKit · 03/12/2024 08:00 EDT

Joyride partnered with EV manufacturer GEM in October. Read more ›

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S|W: The SaaS Weekly – Apple’s walled garden hit with $2 billion fine

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Alex Riehl @ BetaKit 2 place · 03/12/2024 05:00 EDT

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

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