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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Canadian-led, New York-based AtomicJar aims to hire in Canada with $25 million USD Series A

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Josh Scott @ BetaKit 1 place · 01/25/2023 08:59 EDT

US software testing firm hopes to build “centre of excellence” in Canada. Read more ›

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Pender Ventures closes first half of $100 million target for second venture fund

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Meagan Simpson @ BetaKit 2 place · 01/25/2023 05:05 EDT

After focusing primarily on Western Canada, Pender Ventures has its eye on other parts of Canada. Read more ›

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H|T: The Healthtech Times – How Tomi Poutanen is using AI to tackle Canadian healthcare

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Michael Edgar @ BetaKit 1 place · 01/25/2023 05:00 EDT

Plus: Teladoc Health lays off 300 staff. Read more ›

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Alphabet company DeepMind shutters Edmonton site as part of Google layoffs

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Charlize Alcaraz @ BetaKit · 01/24/2023 18:13 EDT

DeepMind said it's maintaining its other Canadian locations in Montréal, Toronto. Read more ›

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Tiny enters deal to go public on TSXV through merger with WeCommerce

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Charlize Alcaraz @ BetaKit · 01/24/2023 17:09 EDT

Tiny created WeCommerce in 2019 to acquire Shopify partner businesses. Read more ›

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Tenstorrent swaps CEOs as Apple, AMD, Intel alum takes helm of AI chip unicorn

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Josh Scott @ BetaKit 3 place · 01/24/2023 14:45 EDT

Tenstorrent founder becomes CTO as company also hires ex-Google director as COO. Read more ›

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Fintech Cadence, Atlantic FinTech partner to create national reach

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Michael Edgar @ BetaKit · 01/24/2023 13:06 EDT

Partnership hopes to unify FinTech clusters across the country. Read more ›

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Spinout Traction Complete standing on its own with new $6.7 million CAD Series A, big-name clients

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Josh Scott @ BetaKit · 01/24/2023 06:00 EDT

Startup will stay in the family business after ex-parent Traction on Demand’s acquisition by Salesforce. Read more ›

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F|T: The FinTech Times – A Clearco co-founder resigns as CEO, again

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Michael Edgar @ BetaKit · 01/24/2023 05:00 EDT

Plus: the end of an era for crypto’s pseudo-banks. Read more ›

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Investor liquidity issues are putting the squeeze on Canadian startups

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Kelsey Rolfe @ BetaKit · 01/23/2023 16:44 EDT

In the worst tech downturn in more than a decade, some LPs aren’t honouring capital calls from Canadian VCs. It’s killing deals. Read more ›

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Québec to house IBM quantum supercomputer as Xanadu secures $40 million from feds

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Meagan Simpson @ BetaKit · 01/23/2023 16:22 EDT

PINQ² will operationalize the quantum supercomputer this year. Read more ›

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Delphia places co-founder on leave over sexual assault allegations, lawsuit from former employee

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Meagan Simpson @ BetaKit · 01/23/2023 13:36 EDT

Plaintiff: “I feel hurt and betrayed by Delphia's co-founders.” Read more ›

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StoryTap founder Bernadette Butler on how she overcame the “shocks” of entrepreneurship

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Stefan Palios @ BetaKit · 01/23/2023 06:00 EDT

How Butler transitioned from telecom manager to startup founder. Read more ›

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Canadian startup news of the week (1/22/23)

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Michael Edgar @ BetaKit 2 place · 01/23/2023 05:00 EDT

Plus: Vidyard eyes $1 billion in revenue. Read more ›

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Front-end, back-end, full-stack developers needed across Canada

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Michael Edgar @ BetaKit · 01/22/2023 15:48 EDT

Clio, Busbud, Ceridian, and Global Relay all looking to hire. Read more ›

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Stephen Marche on how generative AI will transform academia (and everything else)

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Douglas Soltys @ BetaKit 1 place · 01/20/2023 19:45 EDT

Nobody is prepared. Read more ›

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Harvest Builders, Headversity, among 15 recipients of $25.5 million PrairiesCan investment for Calgary businesses

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Charlize Alcaraz @ BetaKit 1 place · 01/20/2023 15:03 EDT

The funding is expected to support over 800 jobs in healthtech, cleantech, other sectors. Read more ›

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TSX-listed Magnet Forensics to be acquired by Thoma Bravo in $1.8 billion CAD deal

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Josh Scott @ BetaKit 1 place · 01/20/2023 12:26 EDT

Announcement comes hours after IIROC halted trading of Magnet’s shares. Read more ›

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Alberta Innovates’ Bryan Helfenbaum on the future of energy in Canada

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Stefan Palios @ BetaKit 3 place · 01/20/2023 07:00 EDT

Executive director says clean tech can help maintain prosperity while driving toward a net-zero economy. Read more ›

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H|T: The Healthtech Times – Carbon Health cuts staff, closes $100M

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Michael Edgar @ BetaKit 2 place · 01/20/2023 05:00 EDT

Plus: LeanTaas and Hospital IQ join forces. Read more ›

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