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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Why I killed my startup

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Douglas Soltys @ BetaKit 1 place · 02/03/2023 16:00 EDT

A one-on-one interview with the BetaKit Podcast's co-host about what it takes to start—and end—a business. Read more ›

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Shopify invests in US-based e-commerce analytics aggregator Triple Whale

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Charlize Alcaraz @ BetaKit 1 place · 02/03/2023 13:55 EDT

Triple Whale helps Shopify merchants unify business metrics into one dashboard. Read more ›

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CoinSmart accepts collapse of Coinsquare acquisition, but plans to seek monetary damages

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Josh Scott @ BetaKit 3 place · 02/03/2023 12:55 EDT

CoinSmart intends to “commence legal proceedings against Coinsquare.” Read more ›

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Hippoc announces $3 million to help marketers test ad campaigns using neuroscience

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Charlize Alcaraz @ BetaKit 1 place · 02/03/2023 11:15 EDT

Hippoc’s web-based platform can predict the cognitive impact of an ad before it goes live. Read more ›

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After selling startup to Instacart, New School Foods founder raises $15.9 million CAD to create plant-based meat

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Charlize Alcaraz @ BetaKit 3 place · 02/03/2023 06:00 EDT

Toronto startup's tech can produce plant-based salmon fillets. Read more ›

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How to grow investment in women-led startups

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Stefan Palios @ BetaKit · 02/03/2023 05:30 EDT

Women-led businesses are still underfunded, despite a multi-trillion market opportunity. Read more ›

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S|W: The SaaS Weekly – Google slapped with antitrust suit

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

Plus: Activist investor takes big stake in Salesforce. Read more ›

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A|I: The AI Times – Tenstorrent swaps CEOs, DeepMind exits Edmonton

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

Plus: does Ottawa have the right plan to support an AI industry? Read more ›

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Lightspeed one-time net loss of $814.8 million USD sends Groundhog Day signal: six more weeks of tech winter

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Josh Scott @ BetaKit · 02/02/2023 17:18 EDT

Lightspeed makes slight revenue gain but faces recessionary pressures in the marketplace. Read more ›

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CIBC Innovation Banking president Mark McQueen resigns

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Charlize Alcaraz @ BetaKit · 02/02/2023 13:50 EDT

McQueen joined CIBC through its acquisition of Wellington Financial in 2018. Read more ›

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VerticalScope becomes latest public tech firm to make layoffs with 22 percent staff reduction

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Josh Scott @ BetaKit · 02/02/2023 12:59 EDT

Cuts come after VerticalScope’s business deteriorated in Q4. Read more ›

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Ada latest Canadian unicorn to make additional staff cuts

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Meagan Simpson @ BetaKit · 02/02/2023 11:24 EDT

The layoffs come four months after Ada reduced its staff by 16 percent. Read more ›

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H|T: The Healthtech Times – Smile Digital Health nabs $30 million Series B

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

Plus: Amazon expands into pharmacy. Read more ›

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Invest Ottawa’s 10th birthday party comes with over $6.6 million in funding to support Area X.O

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Alex Riehl @ BetaKit · 02/01/2023 16:27 EDT

Invest Ottawa will use funding to create remote and simulation options for smart mobility R&D. Read more ›

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Winnipeg-based Cerebra to assist with provincial sleep test backlog

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Ryan O'Connor @ BetaKit · 02/01/2023 15:25 EDT

Contract with Manitoba government will help alleviate backlog of province's sleep study cases following pandemic. Read more ›

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AppDirect acquires TBI to expand offerings for technology advisors

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Michael Edgar @ BetaKit 2 place · 02/01/2023 12:54 EDT

AppDirect unified its advisor business under the AppDirect brand earlier this month. Read more ›

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As Clearco and Wayflyer struggle, Paperstack secures $9 million in equity and debt to fuel pivot into e-commerce lending

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Josh Scott @ BetaKit 3 place · 02/01/2023 08:59 EDT

Paperstack sees room to grow as larger players cut back amid economic headwinds. Read more ›

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R|T: The Retail Times – Shopify loses third C-Suite exec since September

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Michael Edgar @ BetaKit 1 place · 02/01/2023 05:00 EDT

Plus: Tiny Capital enters deal to go public. Read more ›

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OpenText closes $5.8 billion USD acquisition of Micro Focus, makes workforce reduction

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Charlize Alcaraz @ BetaKit · 01/31/2023 18:05 EDT

OpenText said it expects to cut the combined entity’s teams by 8 percent due to Micro Focus acquisition. Read more ›

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Raven Indigenous Capital Partners tops initial target for second fund with $100 million final close

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Charlize Alcaraz @ BetaKit · 01/31/2023 14:17 EDT

With Fund II, Raven aims to build more innovative Indigenous economies. Read more ›

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