News from BetaKit

BBTV secures $21.6 million CAD loan to pay off overdraft facility

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Charlize Alcaraz @ BetaKit 2 place · 02/17/2023 12:32 EDT

“We have also allocated additional cushion to help withstand future macroeconomic uncertainty.” Read more ›

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Canadian tech can find opportunities during leaner times

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Laura Gabor @ BetaKit 3 place · 02/17/2023 07:00 EDT

RBC Capital Markets managing director says M&A will be a big theme in the back-end of 2023. Read more ›

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S|W: The SaaS Weekly – Fight brews over Magnet Forensics acquisition deal

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Michael Edgar @ BetaKit 2 place · 02/17/2023 05:00 EDT

Plus: Jobber secures $100 million. Read more ›

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A|I: The AI Times – Meet Google’s answer to ChatGPT

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Michael Edgar @ BetaKit · 02/17/2023 05:00 EDT

Plus: Shopify dabbles in AI, Radical adds Fei-Fei Li. Read more ›

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Newly-named Canada Innovation Corporation will see budget double to absorb IRAP

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Meagan Simpson @ BetaKit 2 place · 02/16/2023 14:01 EDT

Further details on feds new innovation agency to follow governance body, new legislation. Read more ›

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Movement51 launches investment readiness education program for women entrepreneurs across Canada

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Josh Scott @ BetaKit 2 place · 02/16/2023 06:00 EDT

With backing from TD, Movement51 aims to close VC funding gap for gender-diverse founders. Read more ›

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H|T: The Healthtech Times – Garmin expands Alberta presence

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Michael Edgar @ BetaKit 3 place · 02/16/2023 05:00 EDT

Plus: Three Atlantic Canadian healthtech startups gear up for growth. Read more ›

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Shopify posts 26 percent YoY revenue jump, but growth still below pandemic highs

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Josh Scott @ BetaKit · 02/15/2023 17:01 EDT

Shopify beats analyst projections in Q4 with $1.7 billion USD in revenue. Read more ›

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Report: investment in Canadian FinTech dropped almost $6 billion USD in 2022

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Meagan Simpson @ BetaKit · 02/15/2023 12:21 EDT

But overall investment was still bigger than 2020. Read more ›

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Prevu3D raises $13.3 million CAD to help enterprises take “‘first steps”’ into industrial metaverse

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Charlize Alcaraz @ BetaKit 3 place · 02/15/2023 11:46 EDT

Prevu3D claims 3D digital twins can reduce industrial carbon footprint. Read more ›

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Doctor-backed Clinify secures $1.5 million to help digitize African medical records

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Josh Scott @ BetaKit 2 place · 02/15/2023 06:00 EDT

Fuelled by personal tragedy, Michael Omidele aims to transform African healthcare delivery, starting in Nigeria. Read more ›

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R|T: The Retail Times – Ssense failed to notify government of its cyberattack

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Michael Edgar @ BetaKit 1 place · 02/15/2023 05:00 EDT

Plus: eBay to lay off 4 percent of work force. Read more ›

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Descartes acquires US-based GroundCloud for $138 million USD

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Charlize Alcaraz @ BetaKit 3 place · 02/14/2023 16:42 EDT

Descartes aims to apply GroundCloud’s safety content, compliance solutions across more industries. Read more ›

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Federal government reveals breakdown of $700 million renewed commitment to Innovation Clusters

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Charlize Alcaraz @ BetaKit 3 place · 02/14/2023 14:35 EDT

Renewed funding follows previous lobbying efforts to increase investments into clusters. Read more ›

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Blaise Transit signs contract to deploy on-demand transit tech in Nova Scotia

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Ryan O'Connor @ BetaKit · 02/14/2023 14:35 EDT

The tech will be deployed to 23 communities over 12 months. Read more ›

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Real Ventures partners with Panache, Inovia to relaunch FounderFuel accelerator

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Josh Scott @ BetaKit 2 place · 02/14/2023 08:00 EDT

Longstanding venture-backed startup program goes national with hybrid approach. Read more ›

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WFHomie acquired by Houston’s GoCo to create all-in-one HR platform

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Charles Mandel @ BetaKit · 02/14/2023 06:00 EDT

WFHomie was the first investment out of Ryan Holmes and Manny Padda’s fund LOI Venture. Read more ›

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F|T: The FinTech Times – Layoffs continue to hit Canadian FinTech

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Michael Edgar @ BetaKit · 02/14/2023 05:00 EDT

Plus: PayPal's CEO to retire at the end of 2023. Read more ›

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GreenSky expands team, secures $16 million first close of Fund V as firm sees opportunity amid the downturn

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Josh Scott @ BetaKit 3 place · 02/13/2023 06:00 EDT

“When you get that kind of volatility … that’s when you get the best opportunities.” Read more ›

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GreenSky expands team, secures $17 million first close of Fund V as firm sees opportunity amid the downturn

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Josh Scott @ BetaKit 1 place · 02/13/2023 06:00 EDT

“When you get that kind of volatility … that’s when you get the best opportunities.” Read more ›

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