News from BetaKit

Active Impact launches $120 million third cleantech fund, Feds release Fall Economic Statement

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Alex Riehl @ BetaKit · 11/27/2023 05:00 EDT

Plus: OV 3.0: What does the future hold for OMERS Ventures? Read more ›

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The future of OMERS Ventures with Michael Yang

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Douglas Soltys @ BetaKit · 11/26/2023 17:19 EDT

Canada’s preeminent pension-backed VC firm got stuck in a “constant state of change.” What’s next for OV 3.0? Read more ›

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FinTech startup Peloton Technologies closes $2 million in seed financing

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Isabelle Kirkwood @ BetaKit 1 place · 11/24/2023 15:59 EDT

Executive chair says the capital will fuel the startup’s acquisition strategy. Read more ›

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These three FinTech companies are hiring software developers in Canada

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Isabelle Kirkwood @ BetaKit 1 place · 11/24/2023 14:43 EDT

Neo Financial, Float Financial, and Ripple are on the prowl for software engineers, devs. Read more ›

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Co.Labs hires Broad Street Bulls, Rhino Ventures alum Jonathan Lipoth as executive director

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Josh Scott @ BetaKit 2 place · 11/24/2023 06:00 EDT

Saskatchewan incubator believes it’s found its next “long-term leader.” Read more ›

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H|T: The Healthtech Times – CarePod wants healthcare without health workers

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Alex Riehl @ BetaKit · 11/24/2023 05:00 EDT

Plus: Medical knowledge platform Pathway raises $5M in seed funding. Read more ›

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Semantic Health acquired by US-based medical documentation firm AAPC

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Isabelle Kirkwood @ BetaKit 3 place · 11/23/2023 15:13 EDT

Semantic uses AI to help hospitals improve their medical coding, auditing, and documentation processes. Read more ›

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HS GovTech Solutions acquired by Banneker Partners

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Isabelle Kirkwood @ BetaKit 2 place · 11/23/2023 06:02 EDT

HS GovTech is the latest Canadian tech company delisting from public exchanges. Read more ›

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R|T: The Retail Times – Shein’s revenue surpasses Zara, Alibaba is worth about half of Tencent

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Alex Riehl @ BetaKit 3 place · 11/23/2023 05:00 EDT

Plus: Is Shopify still an Ottawa darling? Read more ›

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Wealthsimple rolls out private equity offering for retail investors

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Josh Scott @ BetaKit 2 place · 11/22/2023 15:00 EDT

PE marks the third alternative investing option Wealthsimple has launched since 2022. Read more ›

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Birdseye closes $4.1 million CAD in seed funding for AI-powered marketing platform

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Alex Riehl @ BetaKit · 11/22/2023 14:59 EDT

The round comes eight months after Birdseye’s $500,000 USD pre-seed funding round. Read more ›

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Microsoft looks to scale Québec presence with $500-million USD investment

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Isabelle Kirkwood @ BetaKit · 11/22/2023 14:08 EDT

Tech giant plans to expand its AI, cloud computing infrastructure in the province. Read more ›

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Rogers Communications and RBC commit additional $16 million to Rogers Cybersecure Catalyst

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Alex Riehl @ BetaKit 3 place · 11/22/2023 06:30 EDT

Catalyst claims more than 7,000 people and 500 businesses have participated in its cybersecurity programs over the past five years. Read more ›

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S|W: The SaaS Weekly – Q4 Inc. joins pandemic IPOs returning private, Ambyint returns to Calgary

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Alex Riehl @ BetaKit · 11/22/2023 05:00 EDT

Plus: Slack names longtime Salesforce executive Denise Dresser as new CEO. Read more ›

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Federal Fall Economic Statement promises to expand Payments Canada eligibility, introduce open banking legislation in 2024

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Josh Scott @ BetaKit · 11/21/2023 18:47 EDT

Canada commits to “consumer-driven finance” and more powers for the Competition Bureau. Read more ›

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Canadian SaaS investment rebounded in 2023, reaching nearly $7 billion

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Isabelle Kirkwood @ BetaKit · 11/21/2023 16:19 EDT

L-Spark’s report identified 20 SaaS deals valued at $50 million or more. Read more ›

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RHA Ventures targets $30 million for second AgTech fund

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Alex Riehl @ BetaKit · 11/21/2023 15:56 EDT

The firm plans to invest up to $1 million into seed-stage startups. Read more ›

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Active Impact Investments launches third climate tech seed fund with $70 million in initial commitments

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Josh Scott @ BetaKit 1 place · 11/21/2023 09:00 EDT

LPs include Northleaf, Fondaction, Co-operators, Deloitte Ventures, University of Victoria. Read more ›

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F|T: The FinTech Times – FreshBooks boots CEO, FinTech leaders pressure Liberals on open banking 

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Alex Riehl @ BetaKit · 11/21/2023 06:00 EDT

Plus: WonderFi has now purchased assets from nearly half of Canada’s regulated crypto trading platforms. Read more ›

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McGill, venture studio BXVentures spin out cleantech venture FeX Energy

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Isabelle Kirkwood @ BetaKit 3 place · 11/20/2023 15:42 EDT

FeX Energy uses metal fuel technology to generate renewable energy. Read more ›

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