News from BetaKit

Why scaling requires more than speed

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Trevor Nichols @ BetaKit 1 place · 06/05/2026 16:27 EDT

IDEA Mississauga’s Step-Up Program helps founders build the strategy and systems for growth. Read more ›

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Ideogram launches with $22.3 million CAD for generative AI text-to-image platform like DALL-E

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Charlize Alcaraz @ BetaKit · 08/24/2023 12:49 EDT

a16z, Canadian AI expert Raquel Urtasun, Github co-founder Tom Preston-Werner invested. Read more ›

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Identity-verification company Trulioo unveils new capabilities to accelerate person-matching

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Charlize Alcaraz @ BetaKit · 08/24/2023 09:00 EDT

Trulioo uses AI and machine learning to accelerate customer verification. Read more ›

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R|T: The Retail Times – Instacart is planning an IPO for as soon as September

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Alex Riehl @ BetaKit 3 place · 08/24/2023 05:00 EDT

Plus: Amazon wants you to pay with your palm. Read more ›

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OpenText acquires solutions partner KineMatik

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Charlize Alcaraz @ BetaKit · 08/23/2023 16:01 EDT

KineMatik offers automation tools for business processes via OpenText marketplace. Read more ›

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Blanka raises $2.7 million CAD to simplify launching beauty brands

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Charlize Alcaraz @ BetaKit 3 place · 08/23/2023 12:03 EDT

Blanka claims it can launch a new beauty brand in under an hour for less than $200. Read more ›

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Digital medical-billing platform ResolvMD secures $2 million loan from PaceZero to pursue strategic acquisitions

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Josh Scott @ BetaKit 2 place · 08/23/2023 06:00 EDT

Doctor-backed Calgary startup sees opportunities across Alberta. Read more ›

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A|I: The AI Times – Inside Meta and Google’s plans to attack OpenAI

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Alex Riehl @ BetaKit 3 place · 08/23/2023 05:00 EDT

Plus: Voiceflow raises $15M, Horizn acquired by Inbenta. Read more ›

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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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