News from BetaKit

Future Summit 2025 to host leaders from NVIDIA, AWS Canada, Alberta government, and more

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Isabelle Kirkwood @ BetaKit 1 place · 11/03/2025 07:00 EDT

A closer look at the sessions and power players shaping Future Summit’s inaugural gathering on Nov 18 to 20. Read more ›

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Vidyard sets sights on $1 billion in revenue as it bolsters go-to-market efforts

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Josh Scott @ BetaKit 3 place · 01/17/2023 14:34 EDT

CEO says Vidyard considering M&A opportunities amid tech downturn. Read more ›

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Smart horticultural lighting provider Sollum closes $30 million CAD to expand library of ‘light recipes’

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Charlize Alcaraz @ BetaKit · 01/17/2023 14:09 EDT

Sollum previously received federal, provincial grants to support the production of greenhouse tomatoes, strawberries. Read more ›

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Vancouver PR firm Switchboard gets national support following Earnscliffe acquisition

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Charles Mandel @ BetaKit · 01/17/2023 10:59 EDT

Switchboard calls itself Western Canada’s first tech-focused PR firm. Read more ›

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Lightspeed to lay off 300 employees as it targets “profitable growth”

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Josh Scott @ BetaKit · 01/17/2023 09:45 EDT

Lightspeed says layoffs aim to streamline operations, “unify” acquisitions. Read more ›

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F|T: The FinTech Times – Coinsquare breaks up with CoinSmart, courts WonderFi?

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Michael Edgar @ BetaKit · 01/17/2023 05:00 EDT

Plus: Nuvei enters $1.7 billion CAD deal to acquire Paya. Read more ›

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NowVertical secures $7 million CAD credit facility, completes Acrotrend, Smartlytics acquisitions

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Charlize Alcaraz @ BetaKit 3 place · 01/16/2023 10:48 EDT

NowVertical acquires more capital to fuel acquisition strategy. Read more ›

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UK autonomous vehicle company Oxbotica plans to expand Canadian presence following $140 million USD raise

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Charlize Alcaraz @ BetaKit 1 place · 01/16/2023 06:00 EDT

Oxbotica plans to hire for up to 50 new roles in Toronto office. Read more ›

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Canadian startup news of the week (1/15/23)

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Michael Edgar @ BetaKit 2 place · 01/16/2023 05:00 EDT

Plus: Coinsquare breaks up with CoinSmart, courts WonderFi? Read more ›

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Clearco CEO Michele Romanow steps down as company cuts almost 30 percent of staff

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Douglas Soltys @ BetaKit 2 place · 01/15/2023 21:06 EDT

Andrew Curtis now CEO as company hopes latest exec change will lead to cash flow break-even in 2023. Read more ›

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A Web3 vibe check with Round13’s Satraj Bambra

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Douglas Soltys @ BetaKit 3 place · 01/15/2023 13:13 EDT

Pick your poison, but 2022 was not a great year for digital assets. Read more ›

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BMO, Georgian partner on access fund as venture firm secures nearly half of second alignment fund

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Meagan Simpson @ BetaKit 1 place · 01/13/2023 18:02 EDT

SEC filings show that Georgian has secured $466 million USD of its target to date. Read more ›

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Two Canadian companies chosen for John Deere’s 2023 Startup Collaborator program

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Michael Edgar @ BetaKit 1 place · 01/13/2023 14:41 EDT

In a growing global AgTech market, “Canadian innovation leads the pack.” Read more ›

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Properly pivots away from home sale guarantee as real estate market dips

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Meagan Simpson @ BetaKit 2 place · 01/13/2023 11:46 EDT

Company attributes shift to “unprecedented volatility in the Canadian housing market.” Read more ›

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Government of Canada reveals plans for $360 million National Quantum Strategy

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Josh Scott @ BetaKit 3 place · 01/13/2023 11:05 EDT

NQS aims to support Canadian quantum research, talent, and commercialization. Read more ›

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University of Waterloo leading consortium for 5G innovation that includes Rogers, BlackBerry

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Charlize Alcaraz @ BetaKit 3 place · 01/13/2023 06:00 EDT

BlackBerry, Rogers, Rockport Networks among industry partners taking part. Read more ›

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R|T: The Retail Times – Shopify targets enterprise retail with new commerce stack

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Michael Edgar @ BetaKit · 01/13/2023 05:00 EDT

Plus: Amazon plans more layoffs. Read more ›

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S|W: The SaaS Weekly – Salesforce latest Big Tech company to make cuts in Canada

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Michael Edgar @ BetaKit · 01/13/2023 05:00 EDT

Plus: ApplyBoard swaps CEOs. Read more ›

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WonderFi releases public statement following Coinsquare merger report

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Josh Scott @ BetaKit 3 place · 01/12/2023 17:43 EDT

WonderFi neither confirms nor denies Coinsquare merger report, saying its both looking at acquisitions and potentially being acquired. Read more ›

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Interac’s CTO on how to hire for technical roles

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Stefan Palios @ BetaKit · 01/12/2023 16:01 EDT

Jeff Henderson says a good hiring process should be frictionless, considerate, and consistent. Read more ›

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ReelData raises $10.6 million CAD using AI to monitor fish populations

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Charlize Alcaraz @ BetaKit · 01/12/2023 12:48 EDT

Halifax startup reels in cash to help farmers monitor fish populations with accuracy. Read more ›

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