News from BetaKit

Ontario commits $19 million to the province’s regional tech hubs to bolster EV manufacturing

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Charlize Alcaraz @ BetaKit 3 place · 12/22/2022 16:47 EDT

ventureLAB, Communitech, Invest Ottawa, NORCAT among the recipients. Read more ›

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Darwin AI secures $8.1 million CAD to improve efficiency of electronics manufacturing

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Charlize Alcaraz @ BetaKit 2 place · 12/22/2022 07:00 EDT

CEO says the global shortage of semiconductors and PCBs “favour disruption.” Read more ›

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A|I: The AI Times – OpenAI projects $1 billion in revenue in two years

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Michael Edgar @ BetaKit 3 place · 12/22/2022 05:00 EDT

Plus: Cohere hires YouTube CFO as president. Read more ›

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Payments Canada pens open letter to Minister of Finance to expand organization’s membership eligibility

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Charlize Alcaraz @ BetaKit 1 place · 12/21/2022 06:00 EDT

Payments Canada pens open letter to Minister of Finance to expand organization’s membership eligibility Read more ›

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S|W: The SaaS Weekly – John Carmack is leaving Meta

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Michael Edgar @ BetaKit 2 place · 12/21/2022 05:30 EDT

Plus: Former Google ad chief’s ad-free search engine launches in Canada. Read more ›

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Vector Health Labs acquires AI-driven mental health tech startup Get A-Head

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Charlize Alcaraz @ BetaKit 3 place · 12/20/2022 14:36 EDT

The deal was valued at $17 million. Read more ›

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CEO of Briza steps down as insurtech startup cuts close to half of its staff

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Meagan Simpson @ BetaKit 2 place · 12/20/2022 12:29 EDT

Briza’s leadership includes FreshBooks founder Mike McDerment and former CTO Rishi Sharma. Read more ›

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Federal government commits $90 million to boost intellectual property support for startups

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Charlize Alcaraz @ BetaKit 2 place · 12/20/2022 06:00 EDT

Communitech, MAIN, New Ventures BC, Innovate Calgary, and Springboard Atlantic all secured funding. Read more ›

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F|T: The FinTech Times – The inevitable arrest of SBF

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Michael Edgar @ BetaKit 2 place · 12/20/2022 05:28 EDT

Plus: Nesto raises $80 million series C. Read more ›

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Newly announced investment tax credits a huge leap forward for cleantech cashflow

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Bryan Watson @ BetaKit · 12/19/2022 13:45 EDT

Cleantech leaders think feds’ Fall Economic Statement did not disappoint. Read more ›

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AlayaCare co-founder launches venture fund Storytime Capital with $15 million

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Charlize Alcaraz @ BetaKit 1 place · 12/19/2022 06:00 EDT

The VC wants to invest in founders that aim to change the landscape of work. Read more ›

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Canadian startup news of the week (12/18/22)

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Michael Edgar @ BetaKit 2 place · 12/19/2022 05:00 EDT

Plus: Kim Furlong talks VCCI & what comes next for Canadian venture. Read more ›

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Founding CEO of agtech unicorn Semios stepping down

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Charlize Alcaraz @ BetaKit 1 place · 12/16/2022 14:55 EDT

“We transformed a theory I had … into one of the world’s largest agtech companies.” Read more ›

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Subsidiaries of FinTech startup Lendified faces creditors over unpaid loans

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Charlize Alcaraz @ BetaKit 2 place · 12/16/2022 14:31 EDT

Creditors move to seize Lendified assets after company defaults over some $6.6 million. Read more ›

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Year in review: Kim Furlong talks VCCI and what comes next for Canadian venture

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Douglas Soltys @ BetaKit 3 place · 12/16/2022 14:22 EDT

Furlong: "These programs are an anomaly in what the government pushes out. There's no reason why they should ever disappear." Read more ›

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Layoffs persist at Canadian tech companies amid bleak outlook for 2023

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Josh Scott @ BetaKit 1 place · 12/16/2022 14:09 EDT

FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn. Read more ›

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Successful use of AI in government means doubling down on human and democratic values

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Meagan Simpson @ BetaKit 1 place · 12/16/2022 10:39 EDT

UofT’s Peter Loewen says citizen trust in government AI use is "still a work in progress.” Read more ›

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Golden Ventures’ Matt Golden has advice for startups fundraising in a down market

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Stefan Palios @ BetaKit 2 place · 12/16/2022 07:00 EDT

Balance growth with strong unit economics. Make sure your financials are accurate. Read more ›

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Shopify’s Ria Bhavnani shares the company’s approach to pricing

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Charlize Alcaraz @ BetaKit 2 place · 12/16/2022 06:00 EDT

“Maybe it’s more relevant in this market, but you should always be thinking about pricing.” Read more ›

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KeyOps secures $4 million CAD to connect pharma sales, marketing staff with physicians

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Charles Mandel @ BetaKit · 12/16/2022 06:00 EDT

Healthtech startup to use funds for North American expansion. Read more ›

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