News from BetaKit

Hardbacon to file for bankruptcy after Google search changes crush affiliate business

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Josh Scott @ BetaKit · 08/28/2024 15:58 EDT

CEO says Google’s algorithm updates decimated SEO-reliant financial product referral revenue. Read more ›

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Shopify taps Microsoft executive Mikhail Parakhin as its new CTO

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Alex Riehl @ BetaKit 1 place · 08/28/2024 12:48 EDT

Shopify CEO Tobi Lütke praised Parakhin’s “deep expertise” in AI and machine learning. Read more ›

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New School Foods lands big fish as IKEA joins returning investors in $8-million CAD seed extension

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Isabelle Kirkwood @ BetaKit · 08/28/2024 07:00 EDT

Startup plans to bring plant-based salmon alternative to US, Canadian markets. Read more ›

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Uni-One closes $10-million CAD Series A as foodtech startup’s revenue run rate surpasses $100 million

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Isabelle Kirkwood @ BetaKit · 08/27/2024 20:32 EDT

Vancouver startup claims $60-million post-money valuation, plans to launch in the US later this year. Read more ›

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Happipad has only signed 23 leases since signing $1.3-million deal with Nova Scotia last August

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Alex Riehl @ BetaKit · 08/27/2024 14:35 EDT

Province referenced 130,000 empty bedrooms when signing deal with the home sharing platform. Read more ›

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BC chopstick recycling startup ChopValue picks up additional $4 million CAD

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Isabelle Kirkwood @ BetaKit · 08/27/2024 08:00 EDT

ChopValue recently launched a parent brand to bring its micro-manufacturing model to new resources. Read more ›

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The right Caliber for Canada

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Isabelle Kirkwood @ BetaKit · 08/27/2024 06:01 EDT

How an international deeptech company found product-market fit in the Canadian market. Read more ›

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TSX-listed Givex to be acquired by American payments firm Shift4 for $200 million CAD

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Alex Riehl @ BetaKit 3 place · 08/26/2024 13:42 EDT

The all-cash transaction will pay $1.50 per Givex share, a 55 percent premium on its Friday closing price. Read more ›

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Viggle AI closes $26-million CAD Series A to expand AI-powered video generator

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Josh Scott @ BetaKit 1 place · 08/26/2024 10:15 EDT

Toronto startup behind viral Lil Yachty walkout meme fuels up to build on its growth. Read more ›

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ALL IN 2024 returns to Montréal for its second year

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Jacqueline Loganathan @ BetaKit · 08/26/2024 07:00 EDT

Canada’s leading AI conference to feature speakers from Mila, Waabi, Forethought, and Meta. Read more ›

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Koho rolls out reporting feature to help Canadian renters build their credit history

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Isabelle Kirkwood @ BetaKit · 08/26/2024 06:01 EDT

New offerings for renters also include tenant insurance and cash back on rent payments. Read more ›

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Tech layoffs drag down the dog days of summer

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Bianca Bharti @ BetaKit · 08/26/2024 05:00 EDT

Plus: John Ruffolo on where the silver linings are. Read more ›

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CEO roundtable: Shopify, Wealthsimple, Lightspeed, Koho, Ecobee

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Douglas Soltys @ BetaKit 2 place · 08/25/2024 18:59 EDT

Summer is almost over. Hear from these Canadian tech leaders as you prepare to get back to work. Read more ›

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Borealis Biosciences emerges from stealth with $202 million CAD from Novartis and Versant

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Alex Riehl @ BetaKit 1 place · 08/23/2024 13:18 EDT

Kidney disease treatment company looks to build on work of Chinook Therapeutics, acquired by Novartis last year. Read more ›

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Canada may lead the US on workplace flexibility, but there’s a catch

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Isabelle Kirkwood @ BetaKit 2 place · 08/23/2024 06:30 EDT

Plus: Five Canadian tech roles to apply for today. Read more ›

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Humi co-founder’s nuclear power venture closes $27-million USD Series A

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Isabelle Kirkwood @ BetaKit 3 place · 08/23/2024 06:01 EDT

Aalo Atomics, led by Matt Loszak, wants to reduce the cost of nuclear energy. Read more ›

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MKB raises $145 million for third cleantech fund mostly from government agencies

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Alex Riehl @ BetaKit 3 place · 08/22/2024 12:52 EDT

Canada Growth Fund, Investissement Québec, CDPQ, and BDC have announced their investment in MKB Fund III. Read more ›

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Sonder inks Marriott licensing deal, secures additional liquidity amid continued challenges

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Josh Scott @ BetaKit 2 place · 08/22/2024 06:00 EDT

Canadian-founded short-term rental firm expects to benefit from Marriott’s distribution. Read more ›

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American hospitality tech firm Agilysys acquires Book4Time for $204 million CAD

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Bianca Bharti @ BetaKit 1 place · 08/21/2024 14:47 EDT

Agilysys's broad portfolio elevates what Book4Time can deliver to clients, CEO Roger Sholanki said. Read more ›

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JustEat, SkipTheDishes lay off 800 Canada-based employees following “comprehensive review”

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Alex Riehl @ BetaKit 3 place · 08/21/2024 12:51 EDT

Food delivery app SkipTheDishes went through three CEOs in 2023. Read more ›

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