News from BetaKit

Down rounds in 2022 lower than expected amid reliance on bridge financing: Osler report

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Charles Mandel @ BetaKit · 04/11/2023 10:41 EDT

More firms rely on bridge financing to extend cash runway as they aim for later, higher valuations. Read more ›

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AutoLeap gears up for growth with $40 million CAD Series B

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Josh Scott @ BetaKit · 04/11/2023 08:30 EDT

As a recession looms, AutoLeap and the car repair shops it serves stand to benefit. Read more ›

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F|T: The FinTech Times – Canadian crypto’s Bizarre Love Triangle ends in three-way merger

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Alex Riehl @ BetaKit · 04/11/2023 05:00 EDT

Plus: Bob Lee, creator of Cash App, stabbed to death. Read more ›

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BetaKit’s most-read stories of March show #CDNtech sector struggles continue, government’s innovation promises continue to lag

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Meagan Simpson @ BetaKit 3 place · 04/10/2023 16:25 EDT

SVB collapse kicked off a month that included new layoffs, bankruptcies, and AI disruptions. Read more ›

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Founders Assemble Summit launches to help entrepreneurs navigate current market conditions

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Ryan O'Connor @ BetaKit · 04/10/2023 13:17 EDT

The two-day event will feature industry professionals like Janet Bannister and Chris Neumann. Read more ›

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Magnet Forensic to delist from TSX as $1.8 billion merger deal closes

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Charles Mandel @ BetaKit · 04/10/2023 13:12 EDT

Magnet Forensics acquisition closes following opposition to the deal. Read more ›

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Canadian startup news of the week (4/9/23)

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Alex Riehl @ BetaKit · 04/10/2023 05:00 EDT

Plus: Canadian crypto's Bizarre Love Triangle. Read more ›

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Was RenoRun abandoned by investors or just another mannequin startup?

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Douglas Soltys @ BetaKit 3 place · 04/09/2023 14:45 EDT

Ripple Ventures' Matt Cohen joins to unpack the complicated spot Canadian startups find themselves in. Read more ›

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R|T: The Retail Times – Alibaba to split into six groups and explore IPOs

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Alex Riehl @ BetaKit 1 place · 04/07/2023 05:00 EDT

Plus: RenoRun's "Hail Mary" deals fail to save it from creditor protection. Read more ›

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H|T: The Healthtech Times – BC researchers have an AI model that predicts cancer survival rates

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Alex Riehl @ BetaKit 2 place · 04/07/2023 05:00 EDT

Plus: Toronto’s Hypercare sole Canadian startup selected for AWS healthcare Read more ›

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High performance computing platform Agnostiq closes $8.22 million CAD seed extension

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Ryan O'Connor @ BetaKit 1 place · 04/06/2023 16:52 EDT

The startup received $2 million USD in seed funding in 2021. Read more ›

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Meet the Canadian startups participating in Y Combinator’s Winter 2023 Demo Day

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Charlize Alcaraz @ BetaKit 2 place · 04/06/2023 16:38 EDT

A total of 282 companies participated globally. Read more ›

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Unreserved dismisses portion of $25 million lawsuit against real estate associations as new regulations for open bidding expected

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Charlize Alcaraz @ BetaKit 2 place · 04/06/2023 14:43 EDT

The lawsuit remains active against the Ottawa Real Estate Board. Read more ›

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Saskatoon-based Fidu places third at American Bar Association pitch competition

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Ryan O'Connor @ BetaKit 3 place · 04/06/2023 11:55 EDT

It was among five Canadian startups to be named as finalists for the pitch competition. Read more ›

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VCCI-backed Kensington Capital Partners secures $158 million first close for third venture fund

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Josh Scott @ BetaKit · 04/06/2023 05:59 EDT

Kensington becomes first VCCI-supported fund of funds to announce it has closed financing. Read more ›

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S|W: The SaaS Weekly – RenoRun’s “Hail Mary” deals fail to save it from creditor protection

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Alex Riehl @ BetaKit 3 place · 04/06/2023 05:00 EDT

Plus: 2023 Federal budget focuses on cleantech. Read more ›

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Brizo Data raises $12 million to bring data insights to foodservice industry

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Meagan Simpson @ BetaKit 2 place · 04/05/2023 11:34 EDT

BDC Capital and Framework Venture Partners led the round. Read more ›

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How startups can access an untapped pool of talent in Canada

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Stefan Palios @ BetaKit 2 place · 04/05/2023 11:21 EDT

Hiring rural talent requires flexibility, but can easily fill talent gaps. Read more ›

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Felix expands into more complex categories of care following $18 million Series B

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Josh Scott @ BetaKit · 04/05/2023 06:59 EDT

Healthtech startup targets moves into Québec, weight loss, therapy. Read more ›

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A|I: The AI Times – Sam Altman isn’t worried—but Yoshua Bengio is

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Alex Riehl @ BetaKit 1 place · 04/05/2023 05:00 EDT

Plus: Italian privacy regulator bans ChatGPT. Read more ›

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