News from BetaKit

Communitech acquires Briefed.in to add data-backed insights to its repertoire

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Meagan Simpson @ BetaKit · 09/15/2022 06:00 EDT

The Briefed.in deal is part of Communitech redefining its supports for startups. Read more ›

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Indigenous venture firm Raven Capital eyes US market as it secures $46 million for second fund

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Josh Scott @ BetaKit 2 place · 09/15/2022 05:59 EDT

Fund II LPs include BDC Capital, Telus Pollinator Fund for Good, Vancity, Bank of America. Read more ›

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R|T: The Retail Times – Shopify swaps key execs amid financial downturn

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Michael Edgar @ BetaKit 3 place · 09/15/2022 05:30 EDT

Plus: Microsoft invests in Travis Kalanick’s CloudKitchens startup. Read more ›

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Protein Industries Canada secures $30 million from Pan-Canadian AI Strategy, launches AI-focused co-investment program

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Charlize Alcaraz @ BetaKit · 09/14/2022 17:33 EDT

Applications for the new program are open until October 26. Read more ›

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CDPQ appoints Nicolas Rubbo as managing director of its VC hub, Espace

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Charlize Alcaraz @ BetaKit · 09/14/2022 15:08 EDT

Nicolas Rubbo is tasked with boosting the hub’s impact and profile. Read more ›

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Mila, Intel expand partnership to use AI for addressing climate change, digital biology

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Charlize Alcaraz @ BetaKit · 09/14/2022 12:19 EDT

Intel initially teamed up with Mila last April to accelerate drug discovery. Read more ›

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Insurtech ProNavigator secures $10 million to power US expansion

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Meagan Simpson @ BetaKit · 09/14/2022 08:29 EDT

ProNavigator calls itself the “Google Search for Insurance.” Read more ›

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A|I: The AI Times – The AI chip war goes hot

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Michael Edgar @ BetaKit · 09/14/2022 05:30 EDT

Plus: Startup behind AI image generator in talks to raise at a valuation up to $1 billion. Read more ›

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Ideon Technologies raises $21 million CAD Series A to fuel transition to low-impact mining and EVs

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Josh Scott @ BetaKit · 09/13/2022 14:18 EDT

Ideon’s platform enables mining companies to “drill less and discover more.” Read more ›

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Idealist Capital secures $250 million initial close for new climate impact fund

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Meagan Simpson @ BetaKit · 09/13/2022 12:06 EDT

The fund is led by Québec business leaders with ties to Power Corp and Bombardier. Read more ›

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GrowerIQ closes $3 million seed round to help cannabis producers stay compliant

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Josh Scott @ BetaKit 3 place · 09/13/2022 07:59 EDT

Cannabis ERP platform sees room to help growers meet “high” regulatory burden. Read more ›

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S|W: The SaaS Weekly – Meta cuts Responsible Innovation team as Instagram fined €405 million for mishandling teen data

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Michael Edgar @ BetaKit · 09/13/2022 05:30 EDT

Plus: Netflix Hunts for Cost Cuts, From Cloud Computing to Corporate Swag. Read more ›

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Bright secures $1.45 million from Atlantic Canadian investors to bolster its “wellness-at-work” platform

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Charlize Alcaraz @ BetaKit · 09/12/2022 14:30 EDT

Bright was initially named Cribcut and provided at-office haircuts and beauty services. Read more ›

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With $20 million, Goldsky aims to make blockchain data easy to use

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Charles Mandel @ BetaKit · 09/12/2022 13:00 EDT

Plaid founders Zach Perret and William Hockey invested in Goldsky. Read more ›

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SkipTheDishes lays off 350 employees following global workforce review by parent company Just Eat

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Meagan Simpson @ BetaKit · 09/12/2022 12:28 EDT

Just Eat cited the need to ensure sustainable growth. Read more ›

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F|T: The FinTech Times – Open banking working group failing to address critical issues

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Michael Edgar @ BetaKit · 09/12/2022 05:30 EDT

Plus: Dapper Labs backs blockchain gaming firm Revolving Games through $13.2 million USD round. Read more ›

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Canadian startup news of the week (9/11/22)

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Michael Edgar @ BetaKit · 09/12/2022 05:00 EDT

Plus: Panache closes $100 million for second fund to double down on seed-stage startups. Read more ›

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Canadian tech is (still!) hiring

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Douglas Soltys @ BetaKit 1 place · 09/09/2022 18:27 EDT

A sign of ecosystem maturity or that downturns only exist when engineers get laid off, too? Read more ›

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Headversity acquires Health Improvement Solutions to build out its mental health platform

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Charles Mandel @ BetaKit 2 place · 09/09/2022 11:37 EDT

HIS will introduce a health risk assessment methodology to the Headversity platform. Read more ›

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D2L increases revenues as it tries to buck market downturn

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Charles Mandel @ BetaKit 1 place · 09/09/2022 06:00 EDT

Despite increases, CEO says growth lower than expected. Read more ›

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