News from BetaKit

Oxio spinout Gaiia closes $13 million USD to develop operations software for other ISPs

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Josh Scott @ BetaKit 2 place · 10/06/2023 06:00 EDT

Cogeco bought Oxio’s telecom business in March for $100 million. Read more ›

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H|T: The Healthtech Times – Andre De Grasse is in a race to fund health startups

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Alex Riehl @ BetaKit 1 place · 10/06/2023 05:00 EDT

Plus: VC interest in fertility continues with $20M Series A for Pollin. Read more ›

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Alberta Innovates opens applications to $8 million program for AI integrations into provincial health system

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Alex Riehl @ BetaKit · 10/05/2023 17:13 EDT

Projects eligible for up to $800,000 over three years. Read more ›

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Lemurian Labs secures $9 million in seed funding to expedite AI workloads at a lower cost

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Charles Mandel @ BetaKit · 10/05/2023 14:42 EDT

CEO says company can bring down the power consumption of AI models by 10-times. Read more ›

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Rockwell Automation completes acquisition of Clearpath Robotics and its OTTO Motors division

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Alex Riehl @ BetaKit · 10/05/2023 14:08 EDT

Reportedly topping $600 million USD, the deal will keep the autonomous robotics startup in the Waterloo Region. Read more ›

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Pine acquires Properly to capture more of the Canadian home-buying process

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Josh Scott @ BetaKit · 10/05/2023 08:00 EDT

Digital mortgage firm aims to build the former proptech into Canada’s top real estate website. Read more ›

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R|T: The Retail Times – Shopify takes stake in Faire as company discourages employee side hustles

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Alex Riehl @ BetaKit · 10/05/2023 06:00 EDT

Plus: Instacart quickly loses its IPO gains. Read more ›

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Ecosystem fears cleantech funding gap as ISED pauses SDTC funding following mismanagement investigation

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Josh Scott @ BetaKit 2 place · 10/04/2023 16:17 EDT

ISED-commissioned report found conflict of interest, governance issues at SDTC. Read more ›

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Business getaway marketplace RetreatsAndVenues takes first prize in New Ventures BC 2023 startup competition

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Alex Riehl @ BetaKit · 10/04/2023 16:01 EDT

Vancouver-based startups Browse AI and Blanka came in second and third place. Read more ›

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MaRS and Innovate UK announce cohort for third advanced manufacturing incubator

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Alex Riehl @ BetaKit · 10/04/2023 13:09 EDT

Startups focused on industrial automation, carbon adsorbents, and aerospace maintenance are part of the new cohort. Read more ›

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Clearco secures new equity financing from existing investors and asset-backed facility as struggling FinTech executes complex recapitalization plan

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Josh Scott @ BetaKit · 10/04/2023 09:00 EDT

Inovia, Founders Circle double down on Clearco with debt buyback from SVB, $60-million USD Series D. Read more ›

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A|I: The AI Times – Canadian leaders sign Gen AI code of conduct, Shopify’s CEO wants fewer “referees”

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Alex Riehl @ BetaKit · 10/04/2023 06:00 EDT

Plus: Amazon rachets AI race with up to $4 billion investment in Anthropic. Read more ›

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BDC Capital deploys seed funding to help reduce greenhouse gas emissions

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Charles Mandel @ BetaKit 2 place · 10/03/2023 16:58 EDT

Green Graphite Technologies closes $2 million, while Arolytics raises $3.5 million in cleantech funding. Read more ›

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Canadian FinTech companies launch open banking public action campaign as delays continue

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Kelsey Rolfe @ BetaKit · 10/03/2023 14:04 EDT

Wealthsimple, EQ Bank, Xero Canada, Borrowell, Fintechs Canada, and others are taking matters into their own hands. Read more ›

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Ocean Supercluster announces $20 Million Investment in nine new AI-powered ocean projects

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Alex Riehl @ BetaKit 3 place · 10/03/2023 12:07 EDT

The funding brings the national innovation focus of AI to aquaculture and coastal cleantech. Read more ›

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Cleantech startup Relocalize secures $4.78 million CAD to develop hyperlocal food distribution

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Charles Mandel @ BetaKit 2 place · 10/03/2023 06:00 EDT

Relocalize aims to do away with electric trucks altogether and replace them with on-the-spot food distribution and supply. Read more ›

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S|W: The SaaS Weekly – Summertime Sadness for Saskatoon software startups

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Alex Riehl @ BetaKit 3 place · 10/03/2023 05:00 EDT

Plus: 1Password has a president. Read more ›

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Scale AI announces $21 million for nine Canadian AI healthcare projects

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Alex Riehl @ BetaKit 3 place · 10/02/2023 16:52 EDT

The projects address a sector facing budgetary strain, high community needs, and a persistent labour shortage. Read more ›

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Cardata raises $100 million for product acceleration

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Charles Mandel @ BetaKit 1 place · 10/02/2023 06:00 EDT

Company says this investment is "pivotal" as it works to grow its software platform for workers who use private cars. Read more ›

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F|T: The FinTech Times – Wealthsimple partners with Interac, Luge Capital is ready to cut cheques

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Alex Riehl @ BetaKit 2 place · 10/02/2023 05:30 EDT

Plus: Neo Financial, Float headline LinkedIn top startups list. Read more ›

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