News from BetaKit

Alberta Technology Minister’s mandate letter appears to end aggressive restrictions over the use of the title ‘software engineer’

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Charles Mandel @ BetaKit · 07/13/2023 15:46 EDT

Premier Danielle Smith instructs minister to “ensure appropriate governance” to not restrict tech companies attracting software engineers from competing jurisdictions. Read more ›

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Dapper Labs makes third round of layoffs since November as crypto winter continues

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Josh Scott @ BetaKit · 07/13/2023 12:29 EDT

NBA Top Shot creator lays off 51 people amid NFT market struggles. Read more ›

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Graphite Ventures secures $10 million from AEC to continue Alberta commitment

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Charlize Alcaraz @ BetaKit · 07/13/2023 11:52 EDT

The Toronto-based VC firm recently invested in the Calgary startup WaitWell. Read more ›

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WaitWell closes $1.5 million to bring its queue management tech to new markets

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Josh Scott @ BetaKit 2 place · 07/13/2023 06:00 EDT

After establishing itself in higher education, WaitWell eyes private health care. Read more ›

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R|T: The Retail Times – Uber, DoorDash, Grubhub sue NYC over minimum pay law

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Alex Riehl @ BetaKit · 07/13/2023 05:00 EDT

Plus: Italian food service Porta raises $10.5M to fill a General Assembly-sized hole. Read more ›

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After buying Cyclica and Valence, Recursion secures $50 million USD from Nvidia for AI drug discovery

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Josh Scott @ BetaKit · 07/12/2023 17:27 EDT

Recursion, a US-based biotech firm, opened a new Canadian headquarters in Toronto last month. Read more ›

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Formaloo raises $2.9 million CAD to help businesses build apps without any code

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Charlize Alcaraz @ BetaKit · 07/12/2023 17:13 EDT

The startup aims to ramp up marketing efforts in Canada. Read more ›

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Shopify teases AI assistant for entrepreneurs, Sidekick

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Charlize Alcaraz @ BetaKit · 07/12/2023 13:37 EDT

Shopify said Sidekick can help with designing storefronts, developer documentation, economic trends analysis. Read more ›

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Oco partners with Adidas to launch shoes sporting carbon-captured ink

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Charlize Alcaraz @ BetaKit 2 place · 07/12/2023 08:00 EDT

Set to be released this fall, the shoes blend screen-printing ink with captured carbon. Read more ›

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Ditch Labs secures $3.25 million to treat nicotine addiction with tech

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Josh Scott @ BetaKit · 07/12/2023 06:01 EDT

Montréal startup set its sights on a massive public health issue. Read more ›

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BDC shares more detail on $100-million Thrive Lab, including $35-million co-investment commitment

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Josh Scott @ BetaKit 1 place · 07/12/2023 06:00 EDT

Initial phase will focus on early-stage, women-led businesses with social impact. Read more ›

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S|W: The SaaS Weekly – Dye & Durham accuses startup rival of ripping off its software

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Alex Riehl @ BetaKit 3 place · 07/12/2023 05:00 EDT

Plus: Vantage Circle and Eventcombo are moving HQs to Calgary. Read more ›

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Canadian cleantech continues fundraising streak as Orennia, CarbonCure raise collective $105 million USD

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Charlize Alcaraz @ BetaKit · 07/11/2023 14:09 EDT

From Halifax to Calgary, Canadian cleantech remains resilient despite the tech funding downturn. Read more ›

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Tapping into Vaughan’s emerging world-class healthcare hub with Mayor Del Duca

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Stefan Palios @ BetaKit 2 place · 07/11/2023 06:00 EDT

Mayor Steven Del Duca said he’s “planting a flag” to bring global healthcare innovation to Vaughan. Read more ›

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F|T: The FinTech Times – Binance unravelling, Kraken founder investigated by FBI

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Alex Riehl @ BetaKit 3 place · 07/11/2023 05:00 EDT

Plus: Mastercard’s new AI tool helps British banks tackle scams. Read more ›

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Waterloo, U of T, and UBC rank among top 25 computer science schools globally

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Charles Mandel @ BetaKit · 07/10/2023 17:54 EDT

Waterloo topped the list in terms of enrolment, while U of T was the top-ranked Canadian school. Read more ›

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i4 Capital closes over $40 million toward new $60-million deep tech fund

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Charles Mandel @ BetaKit · 07/10/2023 15:10 EDT

With backing from Fonds québécois d’amorçage Teralys, Fondaction, and the Fonds de solidarité FTQ, the fund will target AI and IOT. Read more ›

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WonderFi, Coinsquare, CoinSmart merge as landmark Canadian crypto deal closes

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Josh Scott @ BetaKit · 07/10/2023 12:29 EDT

The merger comes during a challenging time for the crypto industry. Read more ›

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Sampler acquires AdMass’s tech and founders to bring AI and user-generated content to its product sampling platform

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Josh Scott @ BetaKit 3 place · 07/10/2023 07:00 EDT

The deal marks Sampler’s second acquisition in four months. Read more ›

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Hypercontext completes HR pivot with new AI-powered performance management tool

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Isabelle Kirkwood @ BetaKit 3 place · 07/10/2023 06:02 EDT

The startup promises ‘performance reviews so easy, they write themselves’—but what are the risks? Read more ›

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