News from BetaKit

Future Summit 2025 to host leaders from NVIDIA, AWS Canada, Alberta government, and more

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Isabelle Kirkwood @ BetaKit 1 place · 11/03/2025 07:00 EDT

A closer look at the sessions and power players shaping Future Summit’s inaugural gathering on Nov 18 to 20. Read more ›

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Montréal-founded QueerTech wants to expand its 2SLGBTQIA+ events across Canada

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Meagan Simpson @ BetaKit · 07/27/2022 06:01 EDT

72 percent of QueerTech's 7,600-plus members come from outside Montréal. Read more ›

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A|I: The AI Times – A giant wave of machine-learning acquisitions

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Michael Edgar @ BetaKit · 07/27/2022 05:00 EDT

Plus: Stradigi.ai says it's still alive. Read more ›

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Accenture continues Canadian tech acquisition spree with Solvera Solutions, Eclipse Automation

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Charlize Alcaraz @ BetaKit 2 place · 07/26/2022 15:15 EDT

Accenture has acquired six Canadian companies since 2020. Read more ›

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BrainBox AI’s Series A round reaches $30 million following EDC top-up

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Charlize Alcaraz @ BetaKit · 07/26/2022 12:48 EDT

BrainBox AI’s HVAC systems help buildings consume less energy. Read more ›

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Shopify laying off 10 percent of staff

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Meagan Simpson @ BetaKit · 07/26/2022 09:47 EDT

Shopify is set to cut about 10 percent of its global staff, which amounts to approximately 1,000 employees. The cuts were first reported by the The Wall Street Journal, which cited an internal memo that CEO Tobi Lütke sent to staff on Tuesday. According to the memo, which Shopify posted online, the layoffs are necessary as the e-commerce boom that fueled Shopify’s growth in recent years has cooled. The cuts... Read more ›

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Avatar Innovations receives up to $500,000 investment from OCIF for carbontech accelerator

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Charlize Alcaraz @ BetaKit 3 place · 07/26/2022 06:00 EDT

Avatar Innovations wants to spark innovation in Calgary’s energy sector. Read more ›

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S|W: The SaaS Weekly – Introhive cuts staff, Contentsquare goes mammoth

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Michael Edgar @ BetaKit · 07/26/2022 05:00 EDT

Plus: Netflix coming to Vancouver with new acquisition. Read more ›

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Verv closes $3.8 million seed round to develop at-home blood testing kit

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Charlize Alcaraz @ BetaKit · 07/25/2022 16:28 EDT

Could the Theranos that was promised come from Sudbury? Read more ›

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Backed by Yoshua Bengio, Ubenwa is using AI to diagnose neurological issues through baby cries

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Meagan Simpson @ BetaKit 2 place · 07/25/2022 13:29 EDT

The Mila spinout has raised $3.24 million CAD to launch app for parents. Read more ›

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GreenCentre Canada secures over $2.5 million from FedDev Ontario to launch cleantech accelerator program

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Charlize Alcaraz @ BetaKit · 07/25/2022 12:59 EDT

Waterloo-based ALT TEX, Material Futures among startups selected to join the program. Read more ›

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Ex-Tungle, Foko employees pivot new startup, Nook, to take on Evernote

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Meagan Simpson @ BetaKit 2 place · 07/25/2022 06:01 EDT

With exits to BlackBerry and Workforce, Nook team wants to tackle notetaking. Read more ›

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Crypto custodian Balance completes SOC 2 audit to increase customer confidence

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Josh Scott @ BetaKit · 07/25/2022 06:00 EDT

Balance joins growing list of crypto firms becoming SOC compliant. Read more ›

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F|T: The FinTech Times – The bottom fell out of Canadian FinTech

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Michael Edgar @ BetaKit · 07/25/2022 05:30 EDT

Plus: Former Coinbase manager arrested for insider trading. Read more ›

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Canadian startup news of the week (7/24/22)

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Michael Edgar @ BetaKit 2 place · 07/25/2022 05:00 EDT

Plus: Shopify presses play on YouTube, Lightspeed pairs well with OpenTable. Read more ›

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Mark McQueen thinks it’s a great time to have a chequebook

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Douglas Soltys @ BetaKit · 07/24/2022 18:28 EDT

The President of CIBC Innovation Banking is not concerned. Read more ›

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Tech-enabled fulfillment company Darwynn closes $20 million pre-seed round

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Charlize Alcaraz @ BetaKit 1 place · 07/22/2022 17:17 EDT

Darwynn says its facilities take up less space and costs less to operate. Read more ›

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Introhive cuts 16 percent of workforce citing market conditions

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Meagan Simpson @ BetaKit 2 place · 07/22/2022 15:58 EDT

CEO said the current environment makes it challenging to fund Introhive’s high-growth strategy. Read more ›

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Blume secures $2 million CAD to scale latte replacement product

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Charlize Alcaraz @ BetaKit 2 place · 07/22/2022 14:26 EDT

Frank and Oak, Nude Beverages execs buy into Blume's first institutional round. Read more ›

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Why now is the time for Canadian startups to hire internationally

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Stefan Palios @ BetaKit 1 place · 07/22/2022 09:46 EDT

“The more tech talent we can attract, the better it will be for the country.” Read more ›

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Following a record-setting first quarter, Québec venture funding eased up in Q2 2022

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Isabelle Kirkwood @ BetaKit · 07/22/2022 06:02 EDT

VCs are treading water as market tides change. Read more ›

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