News from BetaKit

Why scaling requires more than speed

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Trevor Nichols @ BetaKit 1 place · 06/05/2026 16:27 EDT

IDEA Mississauga’s Step-Up Program helps founders build the strategy and systems for growth. Read more ›

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Faire cuts 250 employees in its second layoff round in last year

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Isabelle Kirkwood @ BetaKit · 11/02/2023 17:02 EDT

Last year, Faire slashed seven percent of its workforce as the e-commerce boom dimmed. Read more ›

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Cultivator’s AgTech accelerator startups surpass $80 million in funding since January 2022

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Alex Riehl @ BetaKit · 11/02/2023 15:08 EDT

Applications are open for its third cohort set to begin in March. Read more ›

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Shopify shares jump after company’s Q3 revenue, profit beat analyst expectations

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Josh Scott @ BetaKit 2 place · 11/02/2023 10:28 EDT

Cost reductions, Amazon fulfillment partnership fuel strong Q3 for Shopify. Read more ›

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Brickeye secures $5 million CAD in convertible debt round with participation from BDC and Graphite Ventures

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Alex Riehl @ BetaKit 3 place · 11/02/2023 10:06 EDT

Brickeye provides construction companies with job site monitoring, analytics, and smart automations. Read more ›

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R|T: The Retail Times – Former Shopify leader launches AI imaging tool for merchants

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Alex Riehl @ BetaKit · 11/02/2023 06:00 EDT

Plus: Shein and Temu call off US legal spats. Read more ›

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Auditor General to probe SDTC following ISED-commissioned investigation

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Josh Scott @ BetaKit · 11/01/2023 17:39 EDT

ISED paused new SDTC funding after third-party report uncovered conflict of interest, governance issues. Read more ›

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FigBytes acquired by Irish software company AMCS in trans-atlantic ESG deal

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Alex Riehl @ BetaKit 3 place · 11/01/2023 15:15 EDT

The deal comes one year after FigBytes secured $14.5 million USD for its ESG insights platform. Read more ›

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RBCx hires former SVB Canada employees to bolster support for seed-stage and life sciences startups

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Josh Scott @ BetaKit 1 place · 11/01/2023 08:00 EDT

RBC joins growing list of Canadian banks to add talent from now-defunct SVB. Read more ›

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Hyatt brothers aim to build their “next big thing” with majority ownership of DataStealth

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Josh Scott @ BetaKit 1 place · 11/01/2023 07:07 EDT

After exiting Dyadem and BlueCat for over $1 billion, the Hyatts have teamed up again to tackle cybersecurity. Read more ›

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A|I: The AI Times – Google & Nvidia are betting on this Canadian startup to boost ML model performance

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Alex Riehl @ BetaKit · 11/01/2023 06:00 EDT

Plus: Hinton and Bengio among leaders signing new AI policy letter. Read more ›

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Richard Lynch will replace John Chen as interim CEO as BlackBerry prepares to split company

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Alex Riehl @ BetaKit · 10/31/2023 16:19 EDT

BlackBerry has been attempting to revive shareholder interest over the past year. Read more ›

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Promise Robotics nets $20.8-million CAD Series A to speed up home building with robots

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Isabelle Kirkwood @ BetaKit · 10/31/2023 14:59 EDT

The startup turns standard industrial robots into plug-and-play homebuilding systems. Read more ›

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PLATO’s Keith McIntosh among EY’s Entrepreneur Of The Year 2023 regional winners

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Alex Riehl @ BetaKit · 10/31/2023 14:46 EDT

McIntosh was recognized for building Indigenous representation among PLATO’s workforce. Read more ›

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Bridge the gap: SMB cybersecurity challenges threaten customer trust and business viability

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Stefan Palios @ BetaKit 3 place · 10/31/2023 09:10 EDT

New data from Mastercard shows customers increasingly prioritize companies that care about cybersecurity. Read more ›

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S|W: The SaaS Weekly – Databricks nabs Arcion for $100M, 1Password detects “suspicious activity”

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Alex Riehl @ BetaKit · 10/31/2023 06:00 EDT

Plus: CentML gets Google and Nvidia backing to boost ML model performance. Read more ›

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Kento Health raises $4.1 million CAD to bring AI to cardiovascular care

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Charles Mandel @ BetaKit 2 place · 10/30/2023 14:48 EDT

Dialogue alumni's new startup is gearing up to strike hard in the battle against the leading cause of death. Read more ›

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Damon Motors revs up to go public on the Nasdaq via reverse merger

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Alex Riehl @ BetaKit · 10/30/2023 14:26 EDT

The reverse merger will be completed with a UK-based spinoff of Inpixon. Read more ›

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BDC Capital recommits to leading seed deals in startups across Canada with new $50-million fund

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Josh Scott @ BetaKit 1 place · 10/30/2023 07:30 EDT

VCs applaud BDC's commitment to direct seed funding, ask for more emerging manager support. Read more ›

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F|T: The FinTech Times – Is open banking in Canada dead?

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Alex Riehl @ BetaKit · 10/30/2023 06:00 EDT

Plus: How a Fintech reckoning Is rippling through a small bank in Washington. Read more ›

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Ecobee’s Stuart Lombard retires, AI “godfathers” sign new policy letter

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Alex Riehl @ BetaKit 3 place · 10/30/2023 05:00 EDT

Plus: Wealthsimple's CCO says a "lack of political will" harming FinTech innovation. Read more ›

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