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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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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FreshBooks lays off 10 percent of staff

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Josh Scott @ BetaKit · 03/21/2023 09:52 EDT

Move marks FreshBooks’ second round of layoffs since December as firm sees third C-suite exec depart in past year. Read more ›

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F|T: The FinTech Times – Signature Bank collapse another blow to crypto

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Alex Riehl @ BetaKit 3 place · 03/21/2023 05:00 EDT

Plus: SVB Canada forced into liquidation, paving way for auction Read more ›

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Amazon won’t confirm how many Canadians impacted by forthcoming 9,000 employee layoffs

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Charles Mandel @ BetaKit · 03/20/2023 15:04 EDT

Worldwide cuts will impact AWS, PXT, advertising, and Twitch teams. Read more ›

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DMZ Demo Day event to hand out $300,000 in prizes for startups

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Ryan O'Connor @ BetaKit · 03/20/2023 14:24 EDT

Entrepreneurs will get to pitch and network with hand-picked global investors. Read more ›

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Ericsson sets up new quantum research hub in Montréal

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Josh Scott @ BetaKit 2 place · 03/20/2023 13:46 EDT

Telecom tech provider has also partnered with University of Ottawa and Sherbrooke. Read more ›

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How 1Password plans to build a passwordless future

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Isabelle Kirkwood @ BetaKit · 03/20/2023 06:02 EDT

Now in a key 18-month window, 1Password plans to ramp up its shift to passkeys in 2023. Read more ›

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Proptech startup Operto raises $34.4 million CAD to open the door to new markets, literally

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Charles Mandel @ BetaKit 2 place · 03/20/2023 06:00 EDT

Operto eyes bringing its electronic check-in and check-out experience to more hotels. Read more ›

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Canadian startup news of the week (3/19/23)

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Alex Riehl @ BetaKit 2 place · 03/20/2023 05:00 EDT

Plus: Québec and Alberta tech investment bucked 2022 trends. Read more ›

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