News from BetaKit

Restructuring is here for Canadian startups as VC funding dries up

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Alex Riehl @ BetaKit · 07/10/2023 05:00 EDT

Plus: Two global SaaS firms relocate HQs to Calgary. Read more ›

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Canadians want competition. Our Competition Commissioner needs better tools to fight for it.

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Douglas Soltys @ BetaKit · 07/09/2023 18:49 EDT

The Competition Bureau is the last line of defence for enforcing competition law. But our system is designed to keep the line moving. Read more ›

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Protein Industries Canada offers $10 million to help grow AI use in food sector

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Charles Mandel @ BetaKit 1 place · 07/07/2023 16:43 EDT

AI is being applied to the plant-based food industry's efforts to satisfy ever-changing consumer demands. Read more ›

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Tiptap and Omnirobotic pursue restructuring after startups fail to raise additional funding

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Josh Scott @ BetaKit 1 place · 07/07/2023 15:40 EDT

As VC financing has dried up, a growing number of Canadian tech firms are running out of cash. Read more ›

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Vantage Circle, Eventcombo both relocate their headquarters to Calgary, plan to hire hundreds

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Charlize Alcaraz @ BetaKit 1 place · 07/07/2023 13:42 EDT

The two Global SaaS firms say they aim to hire up to 250 people each over three years. Read more ›

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Here’s a list of all the Startupfest afterparties

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Charlize Alcaraz @ BetaKit 2 place · 07/07/2023 06:00 EDT

Summer camp for Canadian tech now has a full list of extracurricular activities. Read more ›

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H|T: The Healthtech Times – Iodine Software teams up with OpenAI on AI tech for hospitals

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Alex Riehl @ BetaKit · 07/07/2023 05:30 EDT

Plus: DOJ charges 78 in sweeping $2.5B healthcare fraud takedown. Read more ›

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R|T: The Retail Times – Amazon faces FTC antitrust case and free returns backlash

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

Plus: Meet the Shopify Ventures portfolio. Read more ›

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Leading steel company ArcelorMittal SA invests $6.6 million in Char Technologies’ decarbonization tech

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Charles Mandel @ BetaKit · 07/06/2023 18:01 EDT

Char Technologies only Canadian company to receive investment from ArcelorMittal SA’ s XCarb Innovation Fund. Read more ›

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Vector Institute, Kids Help Phone team up to expand use of AI in mental health services

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Charlize Alcaraz @ BetaKit · 07/06/2023 15:59 EDT

Kids Help Phone said AI will help its staff adapt to the way young people speak. Read more ›

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Thoughtworks’ Rebecca Parsons on using threat models to prevent AI peril

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Charlize Alcaraz @ BetaKit · 07/06/2023 13:10 EDT

“I don’t think the world will be destroyed by AI but I’m more worried about it than I was before.” Read more ›

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A|I: The AI Times – PitchBook says VC is done for 2023, but AI startups continue to raise

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Alex Riehl @ BetaKit · 07/06/2023 09:20 EDT

Plus: OpenAI's personal assistant plans may spark a rivalry with benefactor Microsoft. Read more ›

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AI risks: overblown, existential threat, or something else? VCs and tech experts disagree

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Charles Mandel @ BetaKit · 07/06/2023 06:00 EDT

Geoffrey Hinton says AI systems may one day develop 'goals of their own.' Read more ›

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PacifiCan invests nearly $23 million in BC cleantech, zero-waste projects

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Charles Mandel @ BetaKit · 07/05/2023 15:02 EDT

Saltworks, MintList, and Novarc Technologies all receive funding for expansion and commercialization. Read more ›

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Shakudo closes $9.5-million CAD Series A to help companies adopt generative AI

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Josh Scott @ BetaKit 1 place · 07/05/2023 06:00 EDT

GreatPoint-backed Shakudo is led by AI experts from Georgian, Borealis AI, and BMO. Read more ›

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S|W: The SaaS Weekly – ApplyBoard co-founder launches new skilled worker startup as feds update talent strategy

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Alex Riehl @ BetaKit 1 place · 07/05/2023 05:00 EDT

Plus: Snowflake expands Canadian engineering hub. Read more ›

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Porta raises $10.5-million for frozen, ready-to-cook Italian meal delivery service

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Charlize Alcaraz @ BetaKit 3 place · 07/04/2023 13:49 EDT

Porta might just fill the frozen-pizza-shaped hole left by General Assembly. Read more ›

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GeologicAI closes $20-million Series A to develop AI-powered robot geologists

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Josh Scott @ BetaKit 2 place · 07/04/2023 06:01 EDT

Bill Gates-founded Breakthrough Energy Ventures has bet on GeologicAI’s bots. Read more ›

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F|T: The FinTech Times – Stripe & Robinhood make layoffs, Financeit acquires competitor

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Alex Riehl @ BetaKit 2 place · 07/04/2023 06:00 EDT

Plus: FTX considers a reboot? Read more ›

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Feds update talent strategy as cleantech flees south

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Alex Riehl @ BetaKit · 07/04/2023 05:00 EDT

Plus: PitchBook analysts say 2023 VC funding is “pretty much shot.” Read more ›

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