News from BetaKit

Elevate, The Firehood reveal first cohort of 36 startups in new incubator for women entrepreneurs

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Charlize Alcaraz @ BetaKit · 08/22/2023 14:02 EDT

Some participants already backed by The Firehood, such as Ora, Permalution, PragmaClin. Read more ›

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Alberta IoT, Movement51 among recipients of Alberta Innovates’ cumulative $13.6-million investment

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Charlize Alcaraz @ BetaKit · 08/22/2023 12:40 EDT

University of Alberta secured $4.25 million across three projects. Read more ›

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Aptum promotes CloudOps founder to CEO following January acquisition

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Charles Mandel @ BetaKit 1 place · 08/22/2023 12:33 EDT

Change part of broader leadership revamp as company looks to capitalize on AI-driven demand for multi-cloud solutions. Read more ›

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Early-stage VC funding and mega-deals carry Canada to second-largest Q2 on record

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Josh Scott @ BetaKit · 08/22/2023 06:00 EDT

AI, cleantech stay hot as growth-stage activity keeps quiet, per CVCA’s latest report. Read more ›

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Redbrick expands portfolio with acquisition of video-editing software Animoto

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Charlize Alcaraz @ BetaKit 3 place · 08/22/2023 06:00 EDT

Redbrick CEO said the company has reached $100 million in annualized revenue, 200 employees. Read more ›

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S|W: The SaaS Weekly – Ex-Salesforce VP claims company lied about data platform capabilities

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Alex Riehl @ BetaKit 3 place · 08/22/2023 05:00 EDT

Plus: Athennian navigates scaleup growing pains with layoffs, leadership changes. Read more ›

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OCI, Communitech team up with Ukraine to seek tech solutions that address national security challenges

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Charlize Alcaraz @ BetaKit · 08/21/2023 14:27 EDT

Participating Canadian companies will be asked to commit to a Communitech membership. Read more ›

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Magnet Forensics acquires digital-media startup Griffeye to help investigate child abuse online

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Charles Mandel @ BetaKit · 08/21/2023 13:15 EDT

Griffeye claims its platform is used by over 1,000 police agencies globally. Read more ›

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Hopper continues embedded FinTech push with Air Canada partnership

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Charles Mandel @ BetaKit 1 place · 08/21/2023 06:05 EDT

FinTech offerings now represent half of Hopper’s app revenue. Read more ›

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Mila’s new partnership with KPI Mining Solutions will focus AI on efficiently capturing critical minerals

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Charles Mandel @ BetaKit 3 place · 08/21/2023 06:00 EDT

Tech has become a key component in Canada’s critical mineral strategy. Read more ›

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F|T: The FinTech Times – Canadian FinTech investment drops to pandemic lows

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Alex Riehl @ BetaKit 1 place · 08/21/2023 05:30 EDT

Plus: PayPal gets new CEO, Coinbase looks to be long-term leader in Canada. Read more ›

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Athennian feels growing pains as Coinbase looks to grow into a Canadian crypto leader

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Alex Riehl @ BetaKit · 08/21/2023 05:00 EDT

Plus: FinTech vertical sluggish as investors worry over economy. Read more ›

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Horizn acquired by US conversational AI firm Inbenta

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Josh Scott @ BetaKit 1 place · 08/18/2023 14:23 EDT

Deal will add Horizn’s interactive product demos to Inbenta’s platform. Read more ›

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Dcbel closes $50-million USD Series B led by climate-focused Idealist Capital

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Josh Scott @ BetaKit 2 place · 08/18/2023 06:00 EDT

Smart home energy startup offers bidirectional EV charging. Read more ›

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H|T: The Healthtech Times – Ozempic maker Novo Nordisk buys Montréal’s Inversago for $1 billion

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Alex Riehl @ BetaKit 3 place · 08/18/2023 05:00 EDT

Plus: US Senator questions ethics of Google's Med-PaLM 2. Read more ›

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FinTech vertical sluggish as investors worry over economy, KPMG report says

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Charles Mandel @ BetaKit · 08/17/2023 16:50 EDT

FinTech valuations are the weakest since COVID-19 hit in the first half of 2020. Read more ›

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Coinberry team relaunches with APX Lending platform prioritizing ‘safety and security’

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Charles Mandel @ BetaKit · 08/17/2023 15:44 EDT

APX Lending says it stresses integrity and reliability in its crypto dealings. Read more ›

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Coinbase says it wants to be a long-term leader in Canada’s crypto market

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Josh Scott @ BetaKit 1 place · 08/17/2023 14:58 EDT

With “regulatory clarity” and a new country director, Coinbase says it’s ready to grow in Canada. Read more ›

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Canadian startups NLPatent, BorderlessHR, Monark accepted into Google’s Women Founders accelerator

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Charlize Alcaraz @ BetaKit · 08/17/2023 12:55 EDT

Three startups represent Canada in a cohort of 11 North American companies. Read more ›

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R|T: The Retail Times – Amazon reduces private-label operation as it battles costs, regulators

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Alex Riehl @ BetaKit · 08/17/2023 09:00 EDT

Plus: FinTech platforms are leaning more heavily on buy now, pay later. Read more ›

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