News from BetaKit

Why scaling requires more than speed

Add to bookmarks Don't show BetaKit

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 ›

0

PitchBook analysts say 2023 VC funding is “pretty much shot,” long-term recovery appears likely

Add to bookmarks Don't show BetaKit

Josh Scott @ BetaKit 3 place · 06/29/2023 06:00 EDT

PitchBook analyst: “It’s not going to be a six-month turnaround.” Read more ›

6

R|T: The Retail Times – Shopify is in a “fight” with CRA over merchant records

Add to bookmarks Don't show BetaKit

Alex Riehl @ BetaKit 1 place · 06/29/2023 05:00 EDT

Plus: Alibaba surprises with chairman and CEO replacement. Read more ›

50

Shopify’s venture arm unveils portfolio in new website launch

Add to bookmarks Don't show BetaKit

Charlize Alcaraz @ BetaKit · 06/28/2023 16:08 EDT

Shopify’s investments focus on funding the companies that support its merchant ecosystem. Read more ›

8

University of Waterloo uses $5 million from endowment to launch VC fund

Add to bookmarks Don't show BetaKit

Charlize Alcaraz @ BetaKit · 06/28/2023 15:58 EDT

The university was inspired by an emerging trend in the US, with schools like MIT. Read more ›

30

Vector Institute, Ontario Centre of Innovation secure combined $77-million provincial funding

Add to bookmarks Don't show BetaKit

Charlize Alcaraz @ BetaKit · 06/28/2023 12:32 EDT

OCI received $50 million from Ontario’s $107-million Critical Technology Initiative. Read more ›

2

ventureLAB unveils Hardware Angel Network, supporting pre-seed and seed-stage hardware startups

Add to bookmarks Don't show BetaKit

Charles Mandel @ BetaKit · 06/28/2023 11:28 EDT

The network plans to make its first investments in the fall, with a focus on deep tech, hardware, and semiconductors. Read more ›

5

Shipping container marketplace Boxhub raises $12.4 million for global expansion

Add to bookmarks Don't show BetaKit

Charlize Alcaraz @ BetaKit · 06/28/2023 11:26 EDT

Boxhub said it has become popular with people making tiny houses and vertical farms. Read more ›

15

AWS, NVIDIA launch global FinTech accelerator for seed-stage startups

Add to bookmarks Don't show BetaKit

Charles Mandel @ BetaKit 2 place · 06/28/2023 10:19 EDT

The accelerator aims to help FinTech companies using AI and machine learning in financial services. Read more ›

39

A|I: The AI Times – Can Québec’s Quantum Innovation Zone fill Canada’s D-Wave-sized hole?

Add to bookmarks Don't show BetaKit

Alex Riehl @ BetaKit · 06/28/2023 05:00 EDT

Plus: AWS investing $100 million in generative AI center. Read more ›

8

Immigration Minister details strategy for attracting foreign tech talent, digital nomads

Add to bookmarks Don't show BetaKit

Charlize Alcaraz @ BetaKit · 06/27/2023 14:10 EDT

Work permits will be prioritized for entrepreneurs backed by VCs or angels. Read more ›

30

Canadian clusters team up to drive $30 million in quantum technology commercialization

Add to bookmarks Don't show BetaKit

Charles Mandel @ BetaKit · 06/27/2023 12:41 EDT

NGen and DIGITAL are receiving $14 million from the National Quantum Strategy, which they hope to leverage. Read more ›

1

ApplyBoard co-founder launches Passage to address Canada’s skilled worker shortage with $40 million seed round

Add to bookmarks Don't show BetaKit

Josh Scott @ BetaKit · 06/27/2023 11:49 EDT

Ex-ApplyBoard CEO plans to finance skilled immigrants that meet Canada’s workforce needs through new platform. Read more ›

2

Canadian-led, California-based Joyful Ventures closes $23 million USD to back sustainable protein startups

Add to bookmarks Don't show BetaKit

Josh Scott @ BetaKit · 06/27/2023 09:00 EDT

Joyful has backed two firms with Canadian roots: New School Foods and Orbillion Bio. Read more ›

0

Almost sideswiped by a Stripe acquisition, Helcim responds with new Smart Terminal

Add to bookmarks Don't show BetaKit

Isabelle Kirkwood @ BetaKit 1 place · 06/27/2023 06:00 EDT

After Stripe acquired its manufacturing partner, Helcim faced delays and an increasingly competitive environment. Read more ›

24

S|W: The SaaS Weekly – Adobe-Figma deal under threat as IBM nears $5B Apptio deal

Add to bookmarks Don't show BetaKit

Alex Riehl @ BetaKit · 06/27/2023 05:00 EDT

Plus: Poka to be acquired in reported $200M deal. Read more ›

0

Elevate and The Firehood receive $2.3 million in federal funding to train women leaders

Add to bookmarks Don't show BetaKit

Charles Mandel @ BetaKit · 06/26/2023 18:36 EDT

Applications are open until July 5 for women investors and entrepreneurs to get a chance at a $100,000 prize. Read more ›

2

Financeit acquires consumer-loans competitor Simply Group Financial

Add to bookmarks Don't show BetaKit

Charlize Alcaraz @ BetaKit · 06/26/2023 16:06 EDT

The deal is estimated to be worth between $175-million and $225 million. Read more ›

0

Harvest Venture Builders adopts AI focus with new climate and energy vertical

Add to bookmarks Don't show BetaKit

Charlize Alcaraz @ BetaKit · 06/26/2023 13:02 EDT

Leaders from energy, FinTech sectors appointed to support Harvest’s new vertical. Read more ›

9

Canadian startups Oncoustics, OneCup AI among Google’s first North America-wide cloud accelerator cohort

Add to bookmarks Don't show BetaKit

Charlize Alcaraz @ BetaKit 3 place · 06/26/2023 06:00 EDT

Google piloted the cloud accelerator in Canada, then extended it to US startups this year. Read more ›

3

F|T: The FinTech Times – Neo launches secured credit card, Robinhood acquires credit card startup

Add to bookmarks Don't show BetaKit

Alex Riehl @ BetaKit 3 place · 06/26/2023 05:30 EDT

Plus: David Dodge says Canada's open banking complacency due to "lack of political will." Read more ›

5