News from BetaKit

Cognosys raises $2-million seed round to create AI personal assistants

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Charles Mandel @ BetaKit 2 place · 05/26/2023 14:13 EDT

Vancouver startup attracts prominent investors, including Google Ventures, Cohere Read more ›

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Summer camp for Canadian tech is back: Startupfest returns July 12-14

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Charles Mandel @ BetaKit 1 place · 05/26/2023 13:42 EDT

This year: more Premium Fests, Investor Match-Ups, fan-favourite Grandma judges, and BetaKit. Read more ›

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H|T: The Healthtech Times – FTC signals tougher rules for health companies’ use of data

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Alex Riehl @ BetaKit · 05/26/2023 06:00 EDT

Plus: MCI OneHealth divests five Calgary clinics to Well Health for $2 million. Read more ›

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Wingmate secures $1 million CAD to market and sell its lead-generation app for frontline staff

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Charles Mandel @ BetaKit 2 place · 05/26/2023 06:00 EDT

Wingmate says it aims to make “sales and service a team sport,” giving incentives to field staff to chase down leads. Read more ›

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R|T: The Retail Times – Shopify touts checkout conversion rates, ranks merchants

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Alex Riehl @ BetaKit · 05/26/2023 05:59 EDT

Plus: Lightspeed Commerce recovers from tough third quarter. Read more ›

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Spellbook, formerly Rally, raises $10.9 million to automate legal contracts using generative AI

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Charlize Alcaraz @ BetaKit · 05/25/2023 16:48 EDT

The company is rebranding as part of a new focus on its AI tool and strategy. Read more ›

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BenchSci closes $95-million CAD Series D to expand AI drug-discovery platform

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Josh Scott @ BetaKit · 05/25/2023 15:06 EDT

BenchSci aims to help pharma companies speed up R&D using AI. Read more ›

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Locorum raises $1.2 million to help local service businesses grow through referrals

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Charlize Alcaraz @ BetaKit · 05/25/2023 13:20 EDT

Locorum’s platform rewards customers for hiring local service providers. Read more ›

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Evaluating UCP and NDP plans for tech as Alberta’s election day approaches

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Josh Scott @ BetaKit 3 place · 05/25/2023 08:58 EDT

What’s on the table for the province’s tech sector? Read more ›

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Code for Canada ED: Laid-off tech employees are overlooking opportunities in public service

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Genna Buck @ BetaKit · 05/25/2023 07:00 EDT

Dorothy Eng argues tech professionals would enjoy the challenge of designing solutions for everyone in Canada, not just those who can afford them. Read more ›

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A|I: The AI Times – OpenAI’s Sam Altman says this Canadian city should become a hub for AI

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Alex Riehl @ BetaKit 1 place · 05/25/2023 06:00 EDT

Plus: ServiceNow commits $1 billion to AI-based enterprise startups. Read more ›

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AbCellera receives $300 million in combined government funding for biotech campus

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Douglas Soltys @ BetaKit · 05/24/2023 17:12 EDT

The $701-million project aims to build a “state-of-the-art” campus, add 400 jobs. Read more ›

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With regulatory approval, Hiive launches VC secondary trading platform in Canada

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Josh Scott @ BetaKit · 05/24/2023 13:29 EDT

Closed IPO window, “discount mentality” driving secondary trading. Read more ›

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Shopify extends point-of-sale hardware to Canadian retailers after initial US launch

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Charlize Alcaraz @ BetaKit 1 place · 05/24/2023 09:00 EDT

Shopify continues physical retail push as online sales fall from pandemic heights. Read more ›

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Novisto closes $27 million CAD Series B to help companies improve their ESG reporting

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Josh Scott @ BetaKit 1 place · 05/24/2023 07:00 EDT

Novisto gears up for growth as shareholder ESG pressure heats up. Read more ›

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S|W: The SaaS Weekly – 1Password launches passkeys for businesses

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Alex Riehl @ BetaKit 2 place · 05/24/2023 06:00 EDT

Plus: Tehama returns as management buys out of bankruptcy. Read more ›

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As Nasdaq delisting looms, asset management firm mCloud looks to go private

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Charlize Alcaraz @ BetaKit · 05/23/2023 13:30 EDT

mCloud’s Nasdaq shares declined by 80 percent in the last year. Read more ›

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List highlights 10 fast-growing, impactful SDTC-backed Canadian cleantech firms

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Josh Scott @ BetaKit 2 place · 05/23/2023 06:00 EDT

Mara Renewables, MineSense, Ecopia AI crack the list alongside returnees Saltworks, Hifi, among others. Read more ›

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“There’s a revolution in the wings”: Why Canada’s semiconductor industry needs an overhaul

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Stefan Palios @ BetaKit 1 place · 05/23/2023 06:00 EDT

Blumind co-founder says AI will consume the world’s energy if semiconductors don’t become more efficient. Read more ›

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F|T: The FinTech Times – PayPal spent $1 billion on Xoom, now facing pressure to sell

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Alex Riehl @ BetaKit 1 place · 05/23/2023 05:00 EDT

Plus: Wealthsimple ups user insurance limit. Read more ›

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