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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Sonder lays off 14 percent of staff as it aims to become cash flow positive in 2023

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Josh Scott @ BetaKit · 03/02/2023 17:29 EDT

Move marks Sonder’s second round of significant cuts since going public last year. Read more ›

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Yoshua Bengio, Element AI co-founders back AI startup Glowstick in $1.3 million round

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Ryan O'Connor @ BetaKit · 03/02/2023 15:10 EDT

Current and former Square and Shopify employees also invested in Glowstick. Read more ›

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Fresh Prep acquires fellow Vancouver food delivery startup Peko

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Josh Scott @ BetaKit 3 place · 03/02/2023 11:29 EDT

Fresh Prep says deal will help the sustainable meal kit company tackle food waste. Read more ›

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From desk to doorstep: KitchenMate expands smart food kiosk to condo market

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Isabelle Kirkwood @ BetaKit 3 place · 03/02/2023 06:02 EDT

As hybrid and remote work prevail, KitchenMate brings its Gen2 closer to home. Read more ›

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S|W: The SaaS Weekly – TikTok under investigation in Canada for data use

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Michael Edgar @ BetaKit · 03/02/2023 05:00 EDT

Plus: DOJ to block Adobe's Figma deal? Read more ›

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Latest Alberta, BC budgets target talent shortage with otherwise minimal new tech investment

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Josh Scott @ BetaKit · 03/01/2023 17:12 EDT

Industry stakeholders had hoped to see more for tech and SMBs. Read more ›

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Paper acquires MajorClarity to add post-secondary planning into its K-12 platform

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Ryan O'Connor @ BetaKit 2 place · 03/01/2023 12:29 EDT

Deal comes after post-secondary enrollment reaches 10-year low. Read more ›

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Northleaf closes $675 million USD for latest private equity fund

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Meagan Simpson @ BetaKit · 03/01/2023 12:00 EDT

Fund size surpasses Northleaf’s $600 million USD target. Read more ›

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Shopify changes employee compensation model: “being a manager now has no effect on compensation”

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Meagan Simpson @ BetaKit 1 place · 03/01/2023 09:00 EDT

Shopify employees are now either managers or crafters, but not both. Read more ›

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Amazon climate tech fund backs Genecis to turn food waste into bioplastics

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Josh Scott @ BetaKit 3 place · 03/01/2023 05:59 EDT

Amazon is exploring ways to use Genecis’ bioplastics in its own packaging. Read more ›

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R|T: The Retail Times – Indigo ransomware attack gets personal

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Michael Edgar @ BetaKit 2 place · 03/01/2023 05:00 EDT

Plus: Shopify expands partner program. Read more ›

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Hootsuite follows Twitter lead as company ditches free plans

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Meagan Simpson @ BetaKit · 02/28/2023 15:48 EDT

Twitter eliminating free API access is expected to have wide-ranging implications. Read more ›

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Miovision acquires Winnipeg’s MicroTraffic to better predict traffic collisions

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Meagan Simpson @ BetaKit 1 place · 02/28/2023 09:00 EDT

MicroTraffic uses AI to predict potential traffic accidents. Read more ›

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AssistIQ raises $2.5 million CAD to cut down on medical waste in hospitals

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Charles Mandel @ BetaKit 2 place · 02/28/2023 07:00 EDT

AI platform tracks use of disposable medical devices, supplies for surgeries and common procedures. Read more ›

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F|T: The FinTech Times – Canadian regulators tighten crypto rules as Dapper Labs cuts staff, faces class action

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Michael Edgar @ BetaKit · 02/28/2023 05:00 EDT

Plus: Ant profit falls 83 percent. Read more ›

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Shopify built Indigo’s new website in three days following ransomware attack

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Josh Scott @ BetaKit 3 place · 02/27/2023 17:52 EDT

After reaching out to Shopify, Indigo was back online with a new site in three days. Read more ›

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Government of Canada to launch $250 million initiative to train workers for roles in sectors like digital technology, AgTech, cleantech

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Josh Scott @ BetaKit · 02/27/2023 12:57 EDT

In record-tight labour market, feds aim to upskill workers for high-growth industries. Read more ›

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MaRS, adMare BioInnovations launch new biotech accelerator for early-stage ventures

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Charles Mandel @ BetaKit 2 place · 02/27/2023 07:59 EDT

New accelerator will provide valuable lab space, mentorship. Read more ›

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Backed by Bay Street veterans, Obsiido wants to make alternative investing accessible

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Meagan Simpson @ BetaKit · 02/27/2023 06:00 EDT

Obsiido emerges from stealth with $815,000 pre-seed round. Read more ›

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Canada’s small businesses want open banking, too

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Laura Gabor @ BetaKit 2 place · 02/27/2023 05:30 EDT

Small business owners are eager to unlock new opportunities as Canada builds open banking framework. Read more ›

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