News from BetaKit

A|I: The AI Times – Canadian AI chip manufacturer closes $100M from global backers

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Alex Riehl @ BetaKit · 08/10/2023 05:00 EDT

Plus: Luge Capital's David Nault on making investment decisions through the AI hype cycle. Read more ›

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EventMobi acquires US-based virtual events platform Run The World

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Josh Scott @ BetaKit · 08/09/2023 13:18 EDT

The deal comes as demand for virtual gatherings has fallen from pandemic highs. Read more ›

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General Fusion raises $33.5 million CAD as it renews focus on Canadian project

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Charlize Alcaraz @ BetaKit · 08/09/2023 12:44 EDT

General Fusion delays demonstration plant construction in UK for machine development in Canada. Read more ›

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Alberta looks to hydrogen as the “next frontier” in energy, invests $45 million in related technologies

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Charles Mandel @ BetaKit 1 place · 08/09/2023 12:27 EDT

The financing will come via Alberta Innovates and Emissions Reduction Alberta. Read more ›

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S|W: The SaaS Weekly – Atlassian & Cloudflare score big, Zoom sends employees back into the office

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Alex Riehl @ BetaKit 3 place · 08/09/2023 06:00 EDT

Plus: Uber finally makes a profit. Read more ›

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Google Canada commits $2.5-million grant to NPower Canada to help 5,000 job-seekers develop tech skills

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Charlize Alcaraz @ BetaKit 1 place · 08/09/2023 06:00 EDT

This grant enables NPower to integrate Google Career Certificates in its programs. Read more ›

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After only four years in market, OMERS Ventures is pulling out of Europe to focus on North America

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Josh Scott @ BetaKit 2 place · 08/08/2023 21:03 EDT

North America is “best positioned to weather the current and future economic storms,” said global managing partner Damien Steel. Read more ›

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Niricson closes $10-million Series A to monitor critical infrastructure using tech

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Josh Scott @ BetaKit · 08/08/2023 17:13 EDT

Victoria startup’s solution has been tested at Toronto’s Pearson Airport and Saskatchewan’s Gardiner Dam. Read more ›

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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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