News from BetaKit

Toronto software companies Top Hat, Loopio, Wattpad make layoffs

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Josh Scott @ BetaKit 2 place · 02/02/2024 06:00 EDT

Trio downsizes for second time in past year as tech cuts continue into 2024. Read more ›

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H|T: The Healthtech Times – $135M CBIV fund, Femtech Canada put women’s health in the spotlight

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Alex Riehl @ BetaKit 1 place · 02/02/2024 05:00 EDT

Plus: Tech chases 'Plan A' as demand for male fertility services grows. Read more ›

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Accelerator Centre opens applications for new aerospace accelerator program

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Alex Riehl @ BetaKit · 02/01/2024 15:55 EDT

Selected startups can potentially test their tech at Waterloo’s international airport. Read more ›

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Shopify Capital unveils term loans, line of credit for merchants

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Isabelle Kirkwood @ BetaKit · 02/01/2024 15:41 EDT

President Harley Finkelstein said new offerings represent the “next evolution of Shopify lending.” Read more ›

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SumoQuote acquired by Utah-based roofing software firm JobNimbus

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Alex Riehl @ BetaKit · 02/01/2024 13:29 EDT

SumoQuote will continue to operate out of its Calgary office. Read more ›

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 Inovia report indicates Canadian software sector is returning to normal

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Douglas Soltys @ BetaKit 3 place · 02/01/2024 08:10 EDT

Canadian VC funding bounced back from an annual decline in Q4 2023 more aggressively than other countries. Read more ›

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Canada, UK sign agreements to work together on AI compute capacity, high-tech research

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Isabelle Kirkwood @ BetaKit 3 place · 02/01/2024 06:02 EDT

Agreement follows the collapse of free trade talks between the countries last week. Read more ›

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R|T: The Retail Times – How Shopify goes after enterprise brands

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Alex Riehl @ BetaKit · 02/01/2024 05:00 EDT

Plus: eBay and Flexport plan more staff cuts. Read more ›

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Government of Canada finally launches consultations on SR&ED modernization

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Josh Scott @ BetaKit · 01/31/2024 18:53 EDT

Long-awaited review of key R&D tax credit to focus on boosting IP creation and retention. Read more ›

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Palisade closes $1.5 million CAD, launches email deliverability score tool

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Isabelle Kirkwood @ BetaKit · 01/31/2024 15:27 EDT

Startup aims to get emails to more inboxes, fewer spam folders. Read more ›

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Exro to acquire California-based SEA Electric in $332-million CAD EV-tech deal

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Alex Riehl @ BetaKit · 01/31/2024 15:07 EDT

Exro said deal provides it with “a defined path” to profitability. Read more ›

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With federal backing, University of Calgary gears up to launch ElevateIP Alberta program

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Isabelle Kirkwood @ BetaKit · 01/31/2024 10:49 EDT

Startups will be able to access up to $100,000 in IP-related funding. Read more ›

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A|I: The AI Times – Ex-CPPIB chief wants to raise $500M-USD AI growth fund

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Alex Riehl @ BetaKit 1 place · 01/31/2024 05:00 EDT

Plus: the free tool that ‘poisons’ AI models. Read more ›

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Tokens.com blazes in asset sale to StoryFire

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Alex Riehl @ BetaKit 3 place · 01/30/2024 17:24 EDT

The Web3 business has also put its domain up for sale. Read more ›

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Communitech names six new Canadian tech companies on track to reach $1 billion in revenue by 2030

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Isabelle Kirkwood @ BetaKit · 01/30/2024 17:01 EDT

The startups include GoBolt, Humi, Smile Digital Health, SWTCH, ZayZoon, Connect Tech. Read more ›

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AI-powered medical record reviewer Wisedocs closes $12.7-million CAD Series A round

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Alex Riehl @ BetaKit 3 place · 01/30/2024 14:22 EDT

Wisedocs claims it has more than doubled its customer base in 2023. Read more ›

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Sports content startup STN Video acquired by Minute Media

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Isabelle Kirkwood @ BetaKit 3 place · 01/30/2024 06:31 EDT

Victoria startup’s platform distributes video content from major sports leagues. Read more ›

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Femtum raises $5 million CAD to commercialize lasers for semiconductor manufacturers

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Isabelle Kirkwood @ BetaKit 3 place · 01/30/2024 06:02 EDT

Seed round was led by deep tech fund i4 Capital and ELAS Technology Investment. Read more ›

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University of Calgary’s “venture philanthropy fund” UCeed aims to fill ecosystem’s pre-seed funding gap

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Josh Scott @ BetaKit · 01/30/2024 06:00 EDT

Three and a half years since its launch, UCeed has grown into one of Canada’s most active early-stage investors. Read more ›

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S|W: The SaaS Weekly – The “mother of all breaches” and more layoffs at Salesforce

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Alex Riehl @ BetaKit · 01/30/2024 05:00 EDT

Plus: The Vancouver startup partnering with Napster (in 2024). Read more ›

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