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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Crypto lending startup Ledn to acquire Arxnovum to expand into asset investments

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Charlize Alcaraz @ BetaKit · 10/06/2022 12:34 EDT

The transaction is expected to close in the fourth quarter of this year. Read more ›

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Canada Drives fuels up with $10 million extension to support growth amid economic headwinds

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Josh Scott @ BetaKit 3 place · 10/06/2022 08:59 EDT

Despite scaling back hiring, co-CEO says Canada Drives is in “a strong position.” Read more ›

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R|T: The Retail Times – How Shopify breathes new life into company meetings

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Michael Edgar @ BetaKit 2 place · 10/06/2022 05:30 EDT

Plus: Instacart cuts staff, curbs hiring in run-up to IPO. Read more ›

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L-SPARK selects six startups for latest B2B SaaS accelerator cohort

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Charlize Alcaraz @ BetaKit · 10/05/2022 16:04 EDT

Cohort participants’ tech range from identity verification to same-day delivery management. Read more ›

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Innovate BC awards $2.3 million to eight R&D projects

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Charlize Alcaraz @ BetaKit · 10/05/2022 14:41 EDT

Terramera, HTEC among recipients of this year’s funding. Read more ›

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In Canadian first, Gatik and Loblaw take safety drivers out of autonomous delivery trucks

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Meagan Simpson @ BetaKit · 10/05/2022 10:46 EDT

Gatik: this is "the first time that an autonomous trucking company has removed the safety driver from a daily delivery route in Canada." Read more ›

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Halp secures $5.5 million CAD to help international students study abroad

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Josh Scott @ BetaKit 2 place · 10/05/2022 06:00 EDT

Backed by Serena Williams’ venture fund, Halp has amassed an 18,000 family waitlist. Read more ›

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A|I: The AI Times – Darth Vader belongs to AI now

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Michael Edgar @ BetaKit 1 place · 10/05/2022 05:30 EDT

Plus: Google Ventures shelves its algorithm. Read more ›

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InBC reveals direct, indirect investment strategy for $500 million fund

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Charles Mandel @ BetaKit · 10/04/2022 17:45 EDT

InBC is allocating funds for every stage from pre-seed to Series C, and beyond. Read more ›

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Sensibill acquired by Austin-based Q2 Holdings

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Meagan Simpson @ BetaKit · 10/04/2022 12:03 EDT

Q2 bought Sensibill for its financial business data, and machine learning capabilities. Read more ›

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Tobi Lütke, Round13 part of $40 million USD Series A for blockchain gaming startup Horizon

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Meagan Simpson @ BetaKit · 10/04/2022 11:25 EDT

Web3 and traditional gaming companies like Ubisoft, Take-Two also invested in Horizon. Read more ›

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Carbon6 closes $88 million CAD Series A to consolidate “fragmented” e-commerce software space

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Josh Scott @ BetaKit · 10/04/2022 08:59 EDT

Starting with Amazon, Carbon6 aims to buy and build more tools for marketplace sellers. Read more ›

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Lightspeed adds Google alum Ryan Tabone as chief product and technology officer

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Josh Scott @ BetaKit · 10/04/2022 08:59 EDT

Tabone’s hire comes as Lightspeed shifts focus from acquisitions and integrations to innovation. Read more ›

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Two Small Fish go big with third fund, targets $40 million CAD final close

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Meagan Simpson @ BetaKit · 10/04/2022 05:59 EDT

The firm’s investments include SkipTheDishes and Sheertex. Read more ›

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S|W: The SaaS Weekly – Topping LinkedIn’s top startups list

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Michael Edgar @ BetaKit · 10/04/2022 05:30 EDT

Plus: Fidelity cuts Hootsuite, ApplyBoard valuations. Read more ›

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Smart business card startup Ovou wins $110,000 at 22nd New Ventures BC competition

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Charlize Alcaraz @ BetaKit · 10/03/2022 22:00 EDT

New Ventures BC gave out a cumulative $250,000 in prize money across eight winners. Read more ›

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Bootstrapped to date, Field Effect closes $41 million CAD Series A to expand SME-focused cybersecurity business

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Josh Scott @ BetaKit · 10/03/2022 20:25 EDT

Led by a former Communications Security Establishment researcher, Ottawa firm plans to invest in sales and marketing. Read more ›

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Class action lawsuit filed against Wealthsimple, Shakepay over alleged misleading crypto trading fees

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Charlize Alcaraz @ BetaKit · 10/03/2022 15:38 EDT

The plaintiff is seeking $10 million in punitive damages from both startups. Read more ›

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Ownly secures $2.55 million, aims to become “Shopify for real estate”

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Josh Scott @ BetaKit 2 place · 10/03/2022 06:00 EDT

Calgary startup aims to help “old school” real estate developers sell new homes. Read more ›

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F|T: The FinTech Times – Celsius CEO resigns as new reporting points to withdrawal ahead of bankruptcy

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Michael Edgar @ BetaKit 3 place · 10/03/2022 05:45 EDT

Plus: Crypto lender Voyager to sell assets. Read more ›

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