News from BetaKit

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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Raine Maida and Senator Deacon discuss Big Tech’s control over digital creators (and the news)

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Douglas Soltys @ BetaKit 1 place · 03/17/2023 20:57 EDT

Big Tech controls the discovery and distribution of Canadian content. What's a democracy to do? Read more ›

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BC government extends tax credit for digital media companies to cut employment costs

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Charlize Alcaraz @ BetaKit 2 place · 03/17/2023 16:51 EDT

Minister of Innovation says tax credit will help nearly 250 companies in the province. Read more ›

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Paper acquires literacy tool Readlee to help curb pandemic-fuelled literacy crisis among children

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Olivia Collette @ BetaKit 3 place · 03/17/2023 15:10 EDT

Readlee was created by Harvard researchers and masters teachers. Read more ›

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Shinydocs raises $16.25 million to make it easier to find buried files, media, documents

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Charlize Alcaraz @ BetaKit 1 place · 03/17/2023 12:25 EDT

Shinydocs’ platform automates information management for organizations. Read more ›

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After losing $10,000 in crypto, Staging Labs co-founder developing solutions to protect digital assets

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Charlize Alcaraz @ BetaKit 2 place · 03/17/2023 11:36 EDT

Staging Labs secures $1.1 million to protect crypto wallets against scams, fraud. Read more ›

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Vendasta acquires customer engagement platform Broadly

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Charles Mandel @ BetaKit 3 place · 03/17/2023 07:00 EDT

Deal marks an acceleration of strategic growth plans for both startups. Read more ›

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A|I: The AI Times – Embark Trucks explores liquidation, AI beer invades Alberta

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Alex Riehl @ BetaKit · 03/17/2023 05:00 EDT

Plus: How the Silicon Valley Bank shutdown might impact Canadian tech Read more ›

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H|T: The Healthtech Times – CAN Health Network expanding… across Canada

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Alex Riehl @ BetaKit · 03/17/2023 05:00 EDT

Plus: How the Silicon Valley Bank shutdown might impact Canadian tech. Read more ›

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CVCA CEO: Tech still needs influx of capital given possible investor pullback, even as liquidity concerns calm

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Josh Scott @ BetaKit · 03/16/2023 17:24 EDT

Longer-term impact of SVB fallout has some in Canadian tech worried. Read more ›

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PointClickCare acquires Patient Pattern to support healthcare providers’ transition to value-based care

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Charlize Alcaraz @ BetaKit · 03/16/2023 13:44 EDT

Patient Pattern allows management for both fee-for-service and value-based care models in one platform. Read more ›

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Spark Microsystems raises $34 million to meet chip demand amid supply crunch

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Charlize Alcaraz @ BetaKit 2 place · 03/16/2023 11:47 EDT

Spark aims to accelerate product development amid chip shortages and demand fluctuations. Read more ›

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