News from BetaKit

A|I: The AI Times – Radical strategies for AI & quantum in Canada

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Michael Edgar @ BetaKit · 01/19/2023 05:00 EDT

Plus: Scale AI cuts 20% of its workforce. Read more ›

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Volvo backs Waabi to accelerate driverless trucks commercialization

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Charlize Alcaraz @ BetaKit · 01/18/2023 17:58 EDT

Waabi unveiled its self-driving product in November to gear up for road tests. Read more ›

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Hootsuite CEO Tom Keiser replaced amid third round of layoffs

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Meagan Simpson @ BetaKit · 01/18/2023 15:17 EDT

The cuts mark Hootsuite’s third round of layoffs in the last six months. Read more ›

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Market intelligence startup Klue moves closer to all-in-one platform vision with DoubleCheck Research acquisition

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Charles Mandel @ BetaKit 3 place · 01/18/2023 09:00 EDT

DoubleCheck brings research insights into how companies win and lose deals. Read more ›

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What Xero learned after 15 years of building software for SMBs

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Stefan Palios @ BetaKit 2 place · 01/18/2023 07:00 EDT

Building for SMBs requires embracing “coopetition.” Read more ›

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R|T: The Retail Times – Shop Pay vs. ‘Buy with Prime’ begins

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Michael Edgar @ BetaKit · 01/18/2023 05:00 EDT

Plus: TikTok Parent ByteDance’s E-Commerce Volume Surged in 2022. Read more ›

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CoinSmart rejects Coinsquare’s notice to terminate acquisition deal

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Meagan Simpson @ BetaKit · 01/17/2023 15:29 EDT

CoinSmart claims Coinsquare’s acquisition about-face is “invalid and without merit.” Read more ›

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Vidyard sets sights on $1 billion in revenue as it bolsters go-to-market efforts

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Josh Scott @ BetaKit 3 place · 01/17/2023 14:34 EDT

CEO says Vidyard considering M&A opportunities amid tech downturn. Read more ›

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Smart horticultural lighting provider Sollum closes $30 million CAD to expand library of ‘light recipes’

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Charlize Alcaraz @ BetaKit · 01/17/2023 14:09 EDT

Sollum previously received federal, provincial grants to support the production of greenhouse tomatoes, strawberries. Read more ›

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Vancouver PR firm Switchboard gets national support following Earnscliffe acquisition

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Charles Mandel @ BetaKit · 01/17/2023 10:59 EDT

Switchboard calls itself Western Canada’s first tech-focused PR firm. Read more ›

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Lightspeed to lay off 300 employees as it targets “profitable growth”

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Josh Scott @ BetaKit · 01/17/2023 09:45 EDT

Lightspeed says layoffs aim to streamline operations, “unify” acquisitions. Read more ›

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F|T: The FinTech Times – Coinsquare breaks up with CoinSmart, courts WonderFi?

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Michael Edgar @ BetaKit · 01/17/2023 05:00 EDT

Plus: Nuvei enters $1.7 billion CAD deal to acquire Paya. Read more ›

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NowVertical secures $7 million CAD credit facility, completes Acrotrend, Smartlytics acquisitions

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Charlize Alcaraz @ BetaKit 3 place · 01/16/2023 10:48 EDT

NowVertical acquires more capital to fuel acquisition strategy. Read more ›

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UK autonomous vehicle company Oxbotica plans to expand Canadian presence following $140 million USD raise

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Charlize Alcaraz @ BetaKit 1 place · 01/16/2023 06:00 EDT

Oxbotica plans to hire for up to 50 new roles in Toronto office. Read more ›

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Canadian startup news of the week (1/15/23)

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Michael Edgar @ BetaKit 2 place · 01/16/2023 05:00 EDT

Plus: Coinsquare breaks up with CoinSmart, courts WonderFi? Read more ›

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Clearco CEO Michele Romanow steps down as company cuts almost 30 percent of staff

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Douglas Soltys @ BetaKit 2 place · 01/15/2023 21:06 EDT

Andrew Curtis now CEO as company hopes latest exec change will lead to cash flow break-even in 2023. Read more ›

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A Web3 vibe check with Round13’s Satraj Bambra

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Douglas Soltys @ BetaKit 3 place · 01/15/2023 13:13 EDT

Pick your poison, but 2022 was not a great year for digital assets. Read more ›

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BMO, Georgian partner on access fund as venture firm secures nearly half of second alignment fund

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Meagan Simpson @ BetaKit 1 place · 01/13/2023 18:02 EDT

SEC filings show that Georgian has secured $466 million USD of its target to date. Read more ›

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Two Canadian companies chosen for John Deere’s 2023 Startup Collaborator program

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Michael Edgar @ BetaKit 1 place · 01/13/2023 14:41 EDT

In a growing global AgTech market, “Canadian innovation leads the pack.” Read more ›

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Properly pivots away from home sale guarantee as real estate market dips

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Meagan Simpson @ BetaKit 2 place · 01/13/2023 11:46 EDT

Company attributes shift to “unprecedented volatility in the Canadian housing market.” Read more ›

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