News from BetaKit

Rewind cuts 27 percent of staff as its growth slows in parallel to Shopify

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Josh Scott @ BetaKit 1 place · 03/24/2023 17:08 EDT

Amid downturn, e-commerce slowdown, Rewind targets breakeven. Read more ›

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Alberta Innovates invests $30 million into Alberta Machine Intelligence Institute to spur research

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Charles Mandel @ BetaKit 1 place · 03/24/2023 16:47 EDT

New funding will attract investment and create jobs, says innovation minister. Read more ›

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Backed by Mark Cuban-led $2.4 million round, TransCrypts uses blockchain to help Ukrainian refugees access health records securely

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Charlize Alcaraz @ BetaKit 3 place · 03/24/2023 12:49 EDT

TransCrypts is also expanding to help those impacted by earthquakes in Turkey. Read more ›

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Mercator AI raises $5.1 million CAD as it develops early project detection tool for construction

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Charlize Alcaraz @ BetaKit 2 place · 03/24/2023 06:00 EDT

Mercator helps business developers find leads in construction projects faster using AI. Read more ›

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H|T: The Healthtech Times – Google is flexing its health care AI muscle

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Alex Riehl @ BetaKit · 03/24/2023 05:05 EDT

Plus: PointClickCare acquires Patient Pattern. Read more ›

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R|T: The Retail Times – SkipTheDishes gets a new CEO…again

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Alex Riehl @ BetaKit 1 place · 03/24/2023 05:00 EDT

Plus: Sobeys pays more than expected for cyber-breach. Read more ›

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Magnet Forensics shareholders approve $1.8 billion Thoma Bravo acquisition as campaign against deal proves unsuccessful

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Josh Scott @ BetaKit · 03/23/2023 16:40 EDT

Despite vote, dissenting shareholder says “this is not the end of the road for us.” Read more ›

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Québec budget aimed at stimulating the economy with investments in tech sectors, skilled labour

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Olivia Collette @ BetaKit 3 place · 03/23/2023 12:18 EDT

Cleantech, FinTech, AI, and quantum sciences are getting attention. Read more ›

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Shopify enterprise merchants can now use Google’s AI tools to improve searchability

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Charlize Alcaraz @ BetaKit 2 place · 03/23/2023 09:00 EDT

Google Cloud’s integration increases access to Google’s search and browsing technologies. Read more ›

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A|I: The AI Times – OpenAI unveils GPT-4 as Google-backed Anthropic launches Claude

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Alex Riehl @ BetaKit 1 place · 03/23/2023 05:00 EDT

Plus: How did Siri, Google, and Alexa lose their lead? Read more ›

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Vertu Capital closes first private equity fund with over $300 million

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Josh Scott @ BetaKit 3 place · 03/22/2023 16:31 EDT

Led by ex-OMERS veteran Lisa Melchior, Vertu is Canada’s first woman-founded PE firm. Read more ›

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Evol receives nearly $10 million from Canadian Economic Development to support diverse Québec entrepreneurs

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Ryan O'Connor @ BetaKit 3 place · 03/22/2023 13:23 EDT

Diverse businesses are 70 percent more likely to break into new markets. Read more ›

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Noze receives $1 million grant from Bill & Melinda Gates Foundation to build TB- and malaria-detecting breathalyzer

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Olivia Collette @ BetaKit · 03/22/2023 11:55 EDT

The startup’s digital odour perception platform was used during the COVID-19 pandemic. Read more ›

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Symend reduces team by 25 percent in restructuring, four months after $54 million round

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Josh Scott @ BetaKit · 03/22/2023 11:45 EDT

Latest cuts come after Symend laid off 13 percent of staff late last year. Read more ›

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Mila, UNESCO warn against use of AI in “harmful contexts” in joint book on AI governance

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Charlize Alcaraz @ BetaKit · 03/22/2023 06:00 EDT

Joint book addresses lack of accountability, transparency in AI training models. Read more ›

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S|W: The SaaS Weekly – Magnet Forensics proxy advisors split on takeover

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Alex Riehl @ BetaKit 2 place · 03/22/2023 05:00 EDT

Is Meta slowing down on Canadian hires post-layoffs? Read more ›

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Canada Drives undergoing restructuring as it files for creditor protection

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Charlize Alcaraz @ BetaKit · 03/21/2023 17:24 EDT

“The rising costs of holding inventory…has made this specific business model no longer viable.” Read more ›

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Haply Robotics secures $4.8 million CAD seed round to develop tactile tech used for surgical training, gaming

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Olivia Collette @ BetaKit · 03/21/2023 14:20 EDT

Funds will go towards fine-tuning Haply’s Inverse3 device. Read more ›

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BBTV among 10 BC orgs receiving total $25.7 million from PacifiCan to help job retention amid tech layoffs

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Charlize Alcaraz @ BetaKit · 03/21/2023 14:00 EDT

Over 500 jobs are expected to be created from the investment. Read more ›

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BC suffered biggest year-over-year venture funding drop among all Canadian ecosystems in 2022

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Isabelle Kirkwood @ BetaKit · 03/21/2023 12:47 EDT

Investment in the province’s tech startups fell by 67 percent in 2022. Read more ›

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