News from BetaKit

Y Combinator website no longer lists Canada as a country it invests in

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Alex Riehl @ BetaKit 1 place · 01/26/2026 17:01 EDT

Change implies Canadian startups have to incorporate in the US, Cayman Islands, or Singapore to join accelerator. Read more ›

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Neo Financial, Float, and Cohere headline LinkedIn’s sixth annual list of Canada’s top 15 startups

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Alex Riehl @ BetaKit · 09/28/2023 14:34 EDT

Neo Financial joins Wealthsimple as only companies to top list in multiple years. Read more ›

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Loop Energy lays off majority of staff, citing challenging capital market conditions

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Charles Mandel @ BetaKit · 09/28/2023 13:53 EDT

Hydrogen fuel cell firm terminates 84 employees, shuts China office. Read more ›

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Pollin Fertility raises $20-million CAD Series A led by David Thomson’s Osmington Inc.

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Alex Riehl @ BetaKit 1 place · 09/28/2023 10:02 EDT

The raise highlights a recent flurry of rounds in the fertility space. Read more ›

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R|T: The Retail Times – Waabi partners with Uber Freight, Instacart debuts big IPO

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Alex Riehl @ BetaKit 2 place · 09/28/2023 06:00 EDT

Plus: Shopify scores big off of Klaviyo IPO. Read more ›

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Wealthsimple to join Interac e-transfer system under expanded access guidelines

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Alex Riehl @ BetaKit 2 place · 09/27/2023 15:25 EDT

Wealthsimple becomes first securities dealer to join Interac's service, but yearns for RTR payment system. Read more ›

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Canada launches voluntary code of conduct for the responsible use of AI

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Charles Mandel @ BetaKit 3 place · 09/27/2023 13:27 EDT

Cohere, OpenText among first signatories. Read more ›

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Shopify takes stake in Faire as part of new partnership

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Charles Mandel @ BetaKit 2 place · 09/27/2023 10:06 EDT

Shopify merchants will get access to Faire products while Shopify POS becomes Faire’s preferred provider. Read more ›

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Cognota closes $5.5-million USD Series A to make corporate LearnOps a thing

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Josh Scott @ BetaKit 1 place · 09/27/2023 09:00 EDT

With a new name, product, and fresh capital, Cognota eyes growth. Read more ›

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A|I: The AI Times – John Grisham, George R.R. Martin headline OpenAI’s latest copyright fight

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Alex Riehl @ BetaKit · 09/27/2023 06:00 EDT

Plus: ALL IN to showcase Canada’s AI at major conference. Read more ›

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Elevate announces CIX acquisition and new $2-million innovation challenge for youth mental health

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Alex Riehl @ BetaKit · 09/26/2023 19:30 EDT

Elevate kicked off this year’s tech and innovation festival on its main stage by announcing its acquisition of the Canadian Innovation Exchange (CIX) and a partnership with MaRS and Kids Help Phone to launch a $2-million innovation challenge aimed at improving youth mental health. RELATED: Elevate gears up for 2023 tech festival, unveils full schedule and list of speakers Founded in 2008, CIX is an annual conference meant to showcase... Read more ›

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Homecare Hub secures $3.4 million CAD in seed funding for its Airbnb-style senior care platform

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Alex Riehl @ BetaKit 3 place · 09/26/2023 11:48 EDT

Toronto-based senior care startup will use funding to begin expansion to US market. Read more ›

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Front Row Ventures closes over-subscribed $5.5 million CAD pan-Canadian fund

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Charles Mandel @ BetaKit 3 place · 09/26/2023 08:00 EDT

By students, for students firm plans to invest in 50 startups over the next four years. Read more ›

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Luge Capital looks to buck FinTech trends with $71-million CAD first close of new fund

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Douglas Soltys @ BetaKit 1 place · 09/26/2023 06:00 EDT

FinTech-focused firm targets $100-million fund and expanded team across Canada. Read more ›

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S|W: The SaaS Weekly – 1Password hits $250M ARR on the back of B2B growth

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Alex Riehl @ BetaKit · 09/26/2023 05:00 EDT

Plus: Cisco buys Splunk, Klaviyo shares soar post-IPO. Read more ›

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The Québec-IBM Discovery Accelerator now has its quantum computer

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Alex Riehl @ BetaKit · 09/25/2023 14:55 EDT

The IBM Quantum System One in Bromont, Québec is the first quantum computer of its type in Canada. Read more ›

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F|T: The FinTech Times – Jack Dorsey is back at the head of Square

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Alex Riehl @ BetaKit 1 place · 09/25/2023 07:00 EDT

Plus: Moneris goes down, Netcoins get breached (again). Read more ›

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UK-based Captain AI will relocate to Canada after closing $2.1 million USD to better serve its restaurant delivery tech in North America

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Josh Scott @ BetaKit 2 place · 09/25/2023 06:00 EDT

GreenSky, Techstars-backed Captain AI already caters to Pizza Pizza. Read more ›

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Raquel Urtasun reunites with Uber in autonomous trucking partnership

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Alex Riehl @ BetaKit 1 place · 09/25/2023 05:00 EDT

Plus: 1Password hits $250M ARR on the back of B2B growth. Read more ›

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As 1Password hits new revenue milestones, CEO Jeff Shiner touts B2B growth

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Douglas Soltys @ BetaKit · 09/24/2023 18:27 EDT

B2B revenue growth has driven 1Password to 250 million ARR. Read more ›

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Former Cultivator manager Jordan McFarlen joins Conexus Venture Capital as director

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Charles Mandel @ BetaKit 1 place · 09/22/2023 18:18 EDT

McFarlen says Saskatchewan tech ecosystem is “hungry for capital.” Read more ›

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