News from BetaKit

Canadian tech unicorns Ada, Clio, Lightspeed among first cohort of Canada’s Global Hypergrowth Project

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Charlize Alcaraz @ BetaKit · 07/24/2023 14:41 EDT

Canada aims to take companies from $1-billion ‘unicorn’ valuation to $1-billion in annual revenue. Read more ›

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Liberum raises $1.8 million for ‘protein synthesis as a service’

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Charlize Alcaraz @ BetaKit · 07/24/2023 08:00 EDT

The Toronto-based startup creates custom proteins for everything from medical applications to household products. Read more ›

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Québec venture funding maintained upward trajectory in Q2 2023

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Isabelle Kirkwood @ BetaKit 2 place · 07/24/2023 06:02 EDT

Investment in the region grew by 42 percent from Q1 2023, and 81 percent year-over-year. Read more ›

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F|T: The FinTech Times – Backers buy back Clearco’s debt amid SVB Canada windup

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Alex Riehl @ BetaKit · 07/24/2023 05:30 EDT

Plus: Hutsy takes home two wins at Startupfest. Read more ›

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These two Canadian cities added 115,000 tech jobs last year

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Alex Riehl @ BetaKit · 07/24/2023 05:00 EDT

Plus: BC and Toronto venture funding bounced back in Q2 2023. Read more ›

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The BetaKit Podcast: LIVE from Startupfest!

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Douglas Soltys @ BetaKit · 07/23/2023 17:06 EDT

With: Dr. Theresa Johnson (Airbnb), Harper Reed (General Galactic Corporation), and Neha Khera (2048 Ventures). Read more ›

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3D BioFibR secures $3.52 million in seed funding for automated collagen fibre manufacturing

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Charlize Alcaraz @ BetaKit 1 place · 07/21/2023 12:19 EDT

3D BioFibR’s collagen fibre can be used as an artificial tendon in soft tissue repair research. Read more ›

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Venture funding in Toronto, British Columbia rebounds in second quarter of 2023

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Isabelle Kirkwood @ BetaKit 1 place · 07/21/2023 06:02 EDT

Capital converges on a select few winners as Toronto and BC megadeals make a comeback. Read more ›

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Nuvei, Plaid extend payments partnership to expand to different regions and businesses

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Charles Mandel @ BetaKit 2 place · 07/21/2023 06:00 EDT

The FinTech company and payments startup are joining forces to roll out more features. Read more ›

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H|T: The Healthtech Times – Recursion secures $50M from Nvidia following Canadian drug-discovery acquisitions

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Alex Riehl @ BetaKit · 07/21/2023 05:00 EDT

Plus: Ditch Labs wants to treat nicotine addiction with tech. Read more ›

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Canada’s private tech firms gather to talk AI, growth, global appeal

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Douglas Soltys @ BetaKit · 07/20/2023 15:29 EDT

Steve Wozniak tells Canadian Private Technology Conference to find “reasonable ways” to deal with AI. Read more ›

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After a three-year pause, TechPong bounces back for 2023 return

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Charlize Alcaraz @ BetaKit 3 place · 07/20/2023 12:58 EDT

The annual ping pong-powered charity event has raised $400,000 over six showings. Read more ›

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Checkfront merges with Australia’s Rezdy to scale online tourism reservations

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Charlize Alcaraz @ BetaKit 3 place · 07/20/2023 06:00 EDT

Both startups offer online booking platforms for tourism companies. Read more ›

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R|T: The Retail Times – Shopify wants to give you an AI Sidekick

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Alex Riehl @ BetaKit · 07/20/2023 05:00 EDT

Plus: Sampler acquires Admass's tech to integrate UGC and AI into platform. Read more ›

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Bold Commerce reveals product that allows retailers to add checkouts to video and email

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Josh Scott @ BetaKit · 07/19/2023 17:51 EDT

CEO says Checkout Unleashed eliminates “middleman” product pages. Read more ›

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British Columbia moves to protect its intellectual property with new programs

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Charles Mandel @ BetaKit · 07/19/2023 16:53 EDT

The new provincial strategy hopes to help businesses navigate the complicated financial and legal aspects of IP. Read more ›

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Toronto and Montréal added the most tech jobs in Canada in the last five years: Report

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Charlize Alcaraz @ BetaKit · 07/19/2023 14:37 EDT

Ottawa’s tech talent concentration is higher than San Francisco’s Bay Area, CBRE says. Read more ›

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Cohere secures strategic investment from SAP as enterprise demand for generative AI grows

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Josh Scott @ BetaKit · 07/19/2023 13:31 EDT

Toronto-based Cohere has also partnered with McKinsey. Read more ›

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Construction software firm Vitruvi to be acquired by US-based Bow River Capital

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Josh Scott @ BetaKit 1 place · 07/19/2023 06:00 EDT

Calgary-based Vitruvi’s team and leadership to stay on as part of deal. Read more ›

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A|I: The AI Times – FTC investigates OpenAI as Elon Musk launches competitor

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Alex Riehl @ BetaKit · 07/19/2023 05:00 EDT

Plus: Shopify teases AI assistant for entrepreneurs, Sidekick. Read more ›

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