News from BetaKit

AppDirect acquires ADCom’s network operations centre, monitoring platform to launch managed services suite

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Charlize Alcaraz @ BetaKit · 08/08/2023 13:23 EDT

AppDirect was founded in Montréal and has moved to San Francisco. Read more ›

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Brookfield and Sequoia Heritage’s reported new fund is well-positioned to scoop up discount tech startups

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Josh Scott @ BetaKit 3 place · 08/08/2023 06:00 EDT

Valuations are down and Canadian companies are filling for insolvency at a 10-year high. Read more ›

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F|T: The FinTech Times – Neo Financial goes all-in on partner credit cards, US regulators worry of Binance bank run

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Alex Riehl @ BetaKit 2 place · 08/08/2023 05:30 EDT

Plus: National Bank acquires Silicon Valley Bank’s Canadian commercial loan portfolio. Read more ›

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Canadian startup struggles continue with more layoffs, shutdowns

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Alex Riehl @ BetaKit · 08/08/2023 05:00 EDT

Plus: Do Canadian entrepreneurs take risks? Read more ›

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Do Canadian entrepreneurs take risks?

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Douglas Soltys @ BetaKit · 08/07/2023 17:42 EDT

It's a tech summer vibe check as the BetaKit Podcast answers listener questions. Read more ›

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VoxNeuro raises $4.5 million CAD to scale brain performance software across US clinics

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Charlize Alcaraz @ BetaKit 1 place · 08/04/2023 17:15 EDT

VoxNeuro previously partnered with Canadian Armed Forces to study military members’ brain performance post head trauma. Read more ›

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New Brunswick Innovation Foundation, Opportunities NB inject $2-million top-up to Climate Impact Fund

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Charlize Alcaraz @ BetaKit 1 place · 08/04/2023 12:10 EDT

Solutions for low-emission ocean transport and electric motors in cars among past recipients. Read more ›

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Canadian startup struggles continue as Silofit closes up shop, Top Hat and Fable cut staff

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Josh Scott @ BetaKit 2 place · 08/04/2023 06:00 EDT

Trio joins growing list of Canadian tech firms that have restructured or ceased operating during the downturn. Read more ›

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R|T: The Retail Times – Shopify adds new merchant tools, loses long-time VP

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Alex Riehl @ BetaKit 3 place · 08/04/2023 05:30 EDT

Plus: Shein makes an aggressive pitch to woo US Amazon sellers. Read more ›

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H|T: The Healthtech Times – Turnstone Biologics goes public, Dialogue Health to be acquired

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Alex Riehl @ BetaKit · 08/04/2023 05:00 EDT

Plus: Vital Bioscience reveals desktop blood tester with big backers. Read more ›

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Experienced developers share their career advice for young professionals

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Stefan Palios @ BetaKit · 08/03/2023 16:47 EDT

TELUS and Suncor devs want young coders and IT professionals alike to celebrate success while embracing failure. Read more ›

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Samsung, Hyundai, Kia back AI chip manufacturer Tenstorrent in $100-million USD round

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Charlize Alcaraz @ BetaKit · 08/03/2023 16:00 EDT

Computer hardware manufacturer receives major backing from strategic investors ahead of planned Series D round next year. Read more ›

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Graphite Ventures closes $110-million Fund IV as firm builds its national presence

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Charlize Alcaraz @ BetaKit 1 place · 08/03/2023 06:00 EDT

Graphite has added Albertan LPs and VCs, and recently invested in Montréal-based Maxa. Read more ›

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A|I: The AI Times – Cohere releases Coral, Shopify unveils AI suite

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Alex Riehl @ BetaKit · 08/03/2023 05:00 EDT

Plus: Yoshua Bengio issues stark warning to U.S. Senate. Read more ›

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Shopify posts positive revenues in Q2 2023 for third quarter running

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Charles Mandel @ BetaKit · 08/02/2023 17:35 EDT

Ottawa e-commerce giant posts higher losses, but GMV grows. Read more ›

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With school districts ‘striving to achieve more with less,’ layoffs come to Paper

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Charles Mandel @ BetaKit · 08/02/2023 13:13 EDT

The EdTech startup’s founders said the decision was not made lightly. Read more ›

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Local Logic raises $17.5 million CAD to develop AI decision-making for location-based risks and opportunities in real estate

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Charles Mandel @ BetaKit · 08/02/2023 09:00 EDT

Montreal proptech startup wants to impact every real estate decision in the United States and Canada. Read more ›

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Neo Financial goes all-in on embedded finance with new suite of credit cards

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Charles Mandel @ BetaKit 1 place · 08/02/2023 06:00 EDT

The FinTech startup is partnering with Tim Hortons, Cathay Pacific to offer rewards. Read more ›

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S|W: The SaaS Weekly – OpenText’s acquisition of Micro Focus spurs IP and patent questions

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Alex Riehl @ BetaKit 1 place · 08/02/2023 05:00 EDT

Plus: Solink secures $60 million to scale cloud-based video surveillance service. Read more ›

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PrairiesCan commits $6.1 million for downtown Calgary innovation hub, local business retention programs

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Charlize Alcaraz @ BetaKit 3 place · 08/01/2023 12:00 EDT

Funded projects are expected to support and create over 1,000 jobs, the government says. Read more ›

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