News from BetaKit

OMERS Ventures loses VC head in latest leadership turnover

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Alex Riehl @ BetaKit · 09/05/2023 05:00 EDT

Plus: Gambit Partners aims to take some risk out of early-stage investing. Read more ›

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Parental leave requirements for Canadian entrepreneurs make no sense

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Douglas Soltys @ BetaKit · 09/04/2023 17:25 EDT

Erin Bury (Willful) and Marie Chevrier (Sampler) discuss dumb restrictions and ongoing stigmas. Read more ›

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Novarc Technologies announces closing of $20 million USD for its AI-powered automated welding robots

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Alex Riehl @ BetaKit 1 place · 09/01/2023 17:10 EDT

Novarc claims its welding robot will help eliminate a skilled labour bottleneck by enabling welders to be more productive and efficient. Read more ›

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Employee time-tracking startup Replicon acquired by US-based Deltek

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Charlize Alcaraz @ BetaKit 2 place · 09/01/2023 13:57 EDT

Deltek called this deal one of the largest in the company’s history. Read more ›

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Bank of Canada taps EvolutionQ to explore impact of quantum computing on digital dollar

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Charles Mandel @ BetaKit 1 place · 09/01/2023 06:00 EDT

“The price of being late is far too great,” evolutionQ CEO Michele Mosca says. Read more ›

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H|T: The Healthtech Times – AbCellera denies patent infringement, Waystar eyes $8B valuation

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Alex Riehl @ BetaKit 3 place · 09/01/2023 05:00 EDT

Plus: Truepill moves to cut share price by 90 percent. Read more ›

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FlipGive raises $5 million to expand fundraising platform for youth sports teams

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Charlize Alcaraz @ BetaKit 3 place · 08/31/2023 14:30 EDT

FlipGive launched its embedded cash-back rewards shopping platform in August. Read more ›

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WatchMojo CEO leads Mosea $2.5 million CAD raise to help Canadians split the bill

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Charles Mandel @ BetaKit 2 place · 08/31/2023 07:00 EDT

Mosea helps groups divide expenses and send payments, but makes its money from events. Read more ›

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Flojoy raises $1.7 million to apply AI to instrumentation testing for heavy industries

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Charlize Alcaraz @ BetaKit 3 place · 08/31/2023 06:00 EDT

Former Plotly CEO moving on to build new Python-based software. Read more ›

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R|T: The Retail Times – TikTok to remove its Storefront integration, Instacart officially files for IPO

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Alex Riehl @ BetaKit · 08/31/2023 05:00 EDT

Plus: Hopper scores Air Canada partnership with embedded FinTech. Read more ›

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PrairiesCan invests $3 million to kickstart Edmonton Unlimited’s new innovation space

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Charles Mandel @ BetaKit 2 place · 08/30/2023 17:59 EDT

The funding will provide “a space for all innovators to start and scale their companies,” mayor says. Read more ›

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Conquest Planning partners with CapIntel to bring AI-powered advice to more financial advisors and investors

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Josh Scott @ BetaKit · 08/30/2023 16:24 EDT

Two Canadian FinTech startups team up after closing Series A rounds last year. Read more ›

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Seven Canadian tech founders dish about their journey running a startup

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Jacqueline Leung @ BetaKit · 08/30/2023 15:17 EDT

Get to know the founders of Cohere, Neo Financial, and more. Read more ›

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SearchEye raises $1 million to scale platform that connects brands with content creators

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Charlize Alcaraz @ BetaKit · 08/30/2023 13:09 EDT

Funding will help SearchEye expand capabilities, like support for audio, video, social media. Read more ›

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A|I: The AI Times – Tiger Global’s share sale puts Cohere at a $3 billion valuation

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Alex Riehl @ BetaKit 2 place · 08/30/2023 06:00 EDT

Plus: A new Canadian generative image startup gets $22.3 million. Read more ›

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OMERS Ventures turnover continues with global head Damien Steel joining Deep Sky as CEO

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Josh Scott @ BetaKit · 08/29/2023 18:29 EDT

With significant summer departures, OMERS Ventures’ playbook has changed once again. Read more ›

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Ontario government, Rogers invest combined $8.8 million for province-wide cybersecurity initiative

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Charlize Alcaraz @ BetaKit 2 place · 08/29/2023 15:15 EDT

Canadian Cyber Threat Exchange, TMU’s cybersecurity centre are leading the initiative. Read more ›

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Andorix receives $54.3 million CAD in debt, equity for in-building digital infrastructure

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Charles Mandel @ BetaKit 3 place · 08/29/2023 06:00 EDT

The Toronto-based startup aims to help systems like HVAC, Wi-Fi, lighting, and elevators work together on one network. Read more ›

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S|W: The SaaS Weekly – BlackBerry has an interested buyer

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Alex Riehl @ BetaKit 3 place · 08/29/2023 05:00 EDT

Plus: Google faces executive turnover as the company searches for a new identity. Read more ›

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Gambit Partners aims to take some of the risk out of early-stage investing by leaning on its LPs

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Josh Scott @ BetaKit 3 place · 08/28/2023 13:15 EDT

Led by Relay Ventures and VTS VPs, $2-million VC fund looks to leverage its LP battalion of Canadian tech operators. Read more ›

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