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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Shopify beats Q4 revenue estimates, targets combo of growth and profitability in 2024

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Josh Scott @ BetaKit 3 place · 02/13/2024 08:18 EDT

Shopify’s Q4 and 2023 performance was fuelled in part by strong GMV growth. Read more ›

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Staircase Ventures bets on Sibli as VC firm reveals first four investments

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Isabelle Kirkwood @ BetaKit 3 place · 02/13/2024 08:01 EDT

Sibli uses AI to give asset managers “information advantage” when researching opportunities. Read more ›

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Float secures $50-million credit facility from Silicon Valley Bank to expand its financial products

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Josh Scott @ BetaKit · 02/13/2024 07:10 EDT

FinTech firm teams up with SVB again to grow its corporate credit offering. Read more ›

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Visa Canada, Plug and Play host Toronto FinTech Innovation Showcase to spotlight Canadian startup ecosystem

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Isabelle Kirkwood @ BetaKit 3 place · 02/13/2024 06:03 EDT

Visa-backed event part of a new initiative to support Canadian FinTech. Read more ›

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S|W: The SaaS Weekly – Snap cuts senior execs amid sector-wide layoffs

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Alex Riehl @ BetaKit · 02/13/2024 05:00 EDT

Plus: Canadian cleantech startup scores in Latin America with global clients. Read more ›

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Bank modernization software provider Zafin to be acquired by Nordic Capital

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Alex Riehl @ BetaKit · 02/12/2024 15:31 EDT

A Zafin investor said the deal represents one of the largest recent exits in the Canadian software industry. Read more ›

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Fuelled by Well Health partnership, Healwell looks to apply AI to preventative care

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Isabelle Kirkwood @ BetaKit 2 place · 02/12/2024 06:02 EDT

Healwell AI zeroes in on M&A for growth after surgically removing its clinical footprint. Read more ›

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Vector Institute leaders chart AI hub’s progress and the challenges that remain

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Josh Scott @ BetaKit 3 place · 02/12/2024 06:00 EDT

Experts discuss AI safety, regulation, and how Canada can maintain global leadership. Read more ›

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F|T: The FinTech Times – 50 percent drop in sector deal volume last year

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Alex Riehl @ BetaKit · 02/12/2024 05:30 EDT

Plus: Plaid hires its first president and stablecoins need consultation. Read more ›

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Canadian VCs are less confident about 2024

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Bianca Bharti @ BetaKit 1 place · 02/12/2024 05:00 EDT

Plus: Crypto stakeholders raise alarm on stablecoins. Read more ›

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Taylor Swift & the Apple Vision Pro are the biggest tech stories of 2024 (so far)

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Douglas Soltys @ BetaKit 3 place · 02/11/2024 08:00 EDT

There is now software designed as an offensive weapon to fight other software. Arm the Swifties. Read more ›

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Professor Esma Aïmeur discusses the double-edged sword of GenAI ahead of the World AI Cannes Festival

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Stefan Palios @ BetaKit 1 place · 02/09/2024 20:09 EDT

GenAI will exponentially increase the threats we face online, but it could also be our greatest protector. Read more ›

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Tracey Black to step down as president, CEO of Payments Canada

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Isabelle Kirkwood @ BetaKit 2 place · 02/09/2024 14:47 EDT

Payments Canada is responsible for implementing the long-awaited Real-Time Rail. Read more ›

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OneEleven taps Chris Greenfield as new managing director

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Jared Lindzon @ BetaKit 2 place · 02/09/2024 13:45 EDT

Greenfield believes Canadian tech ecosystem is “beyond Series A,” and it’s time to prove it. Read more ›

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NGen investing $32.3 million into 15 advanced manufacturing projects

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Isabelle Kirkwood @ BetaKit 3 place · 02/09/2024 06:02 EDT

Tech startups CarbiCrete, 3D BioFibR, Falkbuilt among recipients. Read more ›

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H|T: The Healthtech Times – Neuralink implants in first human test subject

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Alex Riehl @ BetaKit · 02/09/2024 05:00 EDT

Plus: How 23andMe’s valuation fell from $6 billion to nearly $0. Read more ›

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Lightspeed exceeds fiscal Q3 revenue, profitability targets but company’s shares still slide

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Josh Scott @ BetaKit 3 place · 02/08/2024 17:17 EDT

Growth will be Lightspeed’s “top priority” in the coming year, says CEO. Read more ›

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Northleaf Capital Partners completes final close of $285-million CAD growth equity fund

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Alex Riehl @ BetaKit · 02/08/2024 14:53 EDT

The technology and healthcare-focused fund surpassed its $269-million CAD target. Read more ›

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Ted Livingston’s new micropayments startup Code closes $6.5 million in seed financing

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Isabelle Kirkwood @ BetaKit · 02/08/2024 13:55 EDT

Kik founder’s new venture wants to help creators monetize their work for as little as five cents. Read more ›

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Google rebrands Bard to Gemini as chatbot finally launches in Canada

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Isabelle Kirkwood @ BetaKit 2 place · 02/08/2024 08:01 EDT

Canada was conspicuously left off Google’s international expansion list last year. Read more ›

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