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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R|T: The Retail Times – Alibaba logistics arm eyes up to $2 billion Hong Kong IPO

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Alex Riehl @ BetaKit 2 place · 05/19/2023 05:00 EDT

Plus: Attabotics sues Canadian Tire over warehouse fire. Read more ›

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H|T: The Healthtech Times – Recursion acquires two Canadian AI drug-discovery companies

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Alex Riehl @ BetaKit · 05/19/2023 05:00 EDT

Plus: FDA commissioner: "hard to catch up" on regulating digital health. Read more ›

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Shopify claims best conversion rates among checkout solutions on the market

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Charlize Alcaraz @ BetaKit · 05/18/2023 14:36 EDT

Shopify said its overall conversion rate outpaces competitors by 36 percent. Read more ›

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Lightspeed Commerce makes gains in fiscal 2023, fourth quarter

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Charles Mandel @ BetaKit · 05/18/2023 14:00 EDT

Revenues up, losses down but Lightspeed shares slide on the market. Read more ›

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1Password launches passkeys for businesses as shift to passwordless picks up

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Charlize Alcaraz @ BetaKit · 05/18/2023 11:41 EDT

1Password is among tech giants like Google and Apple leading the move to passkeys. Read more ›

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CVCA: Canadian venture capital continues to fall back to pre-pandemic levels

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Meagan Simpson @ BetaKit · 05/18/2023 06:00 EDT

Canadian trends are in line with the US and global results. Read more ›

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A|I: The AI Times – At I/O, Google makes up for lost time

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Alex Riehl @ BetaKit 3 place · 05/18/2023 05:00 EDT

Plus: Bessemer and SoftBank bet big on AI. Read more ›

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Bloom raises $7 million to make applying for reverse mortgages easier

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Charlize Alcaraz @ BetaKit · 05/17/2023 15:54 EDT

Bloom combines the use of an online registration form and live customer service. Read more ›

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Mayor Tory’s departure, competing bids, and financial pressure on province and feds place Collision’s future in Canada in doubt

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Josh Scott @ BetaKit 2 place · 05/17/2023 14:25 EDT

Collision ups ask to north of $40 million CAD for an extended three-year stay, as five other cities vie to host the conference. Read more ›

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Pfizer Canada partners with Communitech to launch health-focused accelerator program

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Charlize Alcaraz @ BetaKit 2 place · 05/17/2023 13:39 EDT

The open call for proposals ends on May 31. Read more ›

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Tehama returns as management team buys it out of bankruptcy

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Charles Mandel @ BetaKit 3 place · 05/17/2023 09:00 EDT

CEO Paul Vallée said he's "pretty chuffed" about the new startup. Read more ›

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Alberta’s tech sector remained resilient in first quarter of 2023

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Isabelle Kirkwood @ BetaKit 1 place · 05/17/2023 06:02 EDT

Jobber’s megadeal pushed venture funding over $200 million in the first three months of the year. Read more ›

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F|T: The FinTech Times – Binance set to leave Canada in face of new regulation

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Alex Riehl @ BetaKit 1 place · 05/17/2023 05:00 EDT

Plus: Float launches a new corporate card on back of new growth. Read more ›

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Wealthsimple to let users insure up to $300,000 as global bank failures prompt better depositor protection

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Charlize Alcaraz @ BetaKit 3 place · 05/16/2023 15:22 EDT

When SVB collapsed, US depositors could only insure up to $250,000. Read more ›

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Canada ranks 12th in Shopify’s first report on economic impact of merchants

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Charlize Alcaraz @ BetaKit · 05/16/2023 12:49 EDT

Canada’s Shopify merchants lag behind on economic impact compared to smaller economies. Read more ›

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Small business banking platform Vault launches with backing from Google’s Gradient Ventures

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Meagan Simpson @ BetaKit 2 place · 05/16/2023 07:00 EDT

Vault’s co-founders have previously worked at Revolut, Koho. Read more ›

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Québec attracted more venture funding than any other Canadian region in Q1 2023

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Isabelle Kirkwood @ BetaKit 3 place · 05/16/2023 06:00 EDT

Québec startups raised a cumulative $317.3 million in Q1 2023. Read more ›

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S|W: The SaaS Weekly – Absolute Software sold to Crosspoint for $657 million

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Alex Riehl @ BetaKit · 05/16/2023 05:00 EDT

Plus: Hopper to power Uber's expansion into flight bookings. Read more ›

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“The revolution has launched”: OpenAI’s Sam Altman charts the promise and peril of AI at Toronto event

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Josh Scott @ BetaKit · 05/15/2023 18:46 EDT

Sam Altman has become the world’s most powerful optimist. Read more ›

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Binance exits Canada as crypto trading platforms feel broader impact of stricter regulations

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Charlize Alcaraz @ BetaKit · 05/15/2023 16:38 EDT

Binance pulled out of Ontario in 2021 as it wasn’t registered with the province. Read more ›

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