News from BetaKit

One chart that will make you feel good about Canadian tech

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Douglas Soltys @ BetaKit 1 place · 11/18/2024 05:00 EDT

Plus: Neo’s backers, Wealthsimple’s value, and Shopify’s concerns. Read more ›

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H|T: The Healthtech Times – BC’s Kardium secures $143M CAD for heart treatment

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Alex Riehl @ BetaKit 3 place · 06/21/2024 04:46 EDT

Plus: Telehealth execs charged with fraud. Read more ›

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“The reality check is happening now”: AI leaders on the state of the market at Collision

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Josh Scott @ BetaKit · 06/20/2024 18:17 EDT

Experts at Collision 2024 weighed in on the AI hype cycle, enterprise adoption, and doomsday scenarios. Read more ›

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Binance is appealing $6-million CAD fine from FINTRAC, report says

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Alex Riehl @ BetaKit · 06/20/2024 15:15 EDT

Canada’s anti-money laundering agency fined the crypto exchange in May for registration and reporting failures. Read more ›

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Healwell AI accelerates M&A strategy with acquisitions of VeroSource Solutions and BioPharma Services

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Isabelle Kirkwood @ BetaKit · 06/20/2024 14:55 EDT

The deals, if successful, will have a combined value of over $36 million. Read more ›

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Accelia Capital promotes Julien Letartre to become its third partner

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Alex Riehl @ BetaKit · 06/20/2024 13:40 EDT

Letartre joined Accelia in 2022, bringing experience from Caisse de dépôt et placement du Québec. Read more ›

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Report: Canada’s quantum talent pool punches above its weight

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Isabelle Kirkwood @ BetaKit · 06/20/2024 13:00 EDT

Despite a pool of just 4,000, Canada still represents five percent of the world's quantum talent. Read more ›

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Putting their chips on the table

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Isabelle Kirkwood @ BetaKit · 06/20/2024 12:28 EDT

How ventureLAB is helping a Chilean quantum tech startup break into the Canadian market. Read more ›

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Here’s what VCs are saying about the fundraising environment at Collision

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Bianca Bharti @ BetaKit 1 place · 06/20/2024 09:05 EDT

VCs at Collision 2024 speak about AI and valuations in the post-post-boom times. Read more ›

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R|T: The Retail Times – Shopify achieves $1 trillion GMV

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Alex Riehl @ BetaKit 1 place · 06/20/2024 04:37 EDT

Plus: Canada’s competition watchdog has Amazon in its crosshairs. Read more ›

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Propulso raises strategic funding to facilitate US expansion

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Alex Riehl @ BetaKit · 06/19/2024 17:02 EDT

Propulso says the funding has already allowed it to double its workforce. Read more ›

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Everyone at Collision is talking about Web Summit Vancouver

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Josh Scott @ BetaKit · 06/19/2024 16:53 EDT

Feds, province, City of Vancouver pledge up to $14.8 million over three years to Collision’s successor. Read more ›

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Canadian OpenAI co-founder Ilya Sutskever launches new company focused on safe AI development

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Isabelle Kirkwood @ BetaKit · 06/19/2024 16:45 EDT

New company follows the recent exodus of safety-focused employees at OpenAI. Read more ›

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PragmaClin, Willful, NovaResp among nearly 30 healthtech startups backed by CABHI

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Alex Riehl @ BetaKit · 06/19/2024 14:16 EDT

Each startup is receiving between $150,000 to $500,000 based on company stage, needs, and evaluation processes. Read more ›

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BDC earmarks $250 million CAD to support underserved entrepreneurs

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Isabelle Kirkwood @ BetaKit 2 place · 06/19/2024 05:59 EDT

Commitment includes two $100-million CAD platforms to support Indigenous, Black-led businesses. Read more ›

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A|I: The AI Times – Samsung values Toronto’s Tenstorrent at $2 billion

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Alex Riehl @ BetaKit · 06/19/2024 05:00 EDT

Plus: Why Big Tech launches unreliable AI apps. Read more ›

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As Collision kicks off, four Canadian tech startups unveil new funding

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Alex Riehl @ BetaKit 3 place · 06/18/2024 17:14 EDT

Influencer marketplace Heylist, AI-based translator Vosyn, EdTech app Pok Pok, and drug discovery firm Ability Biologics all raised fresh capital. Read more ›

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Raven Indigenous Outcomes Funds completes $20.4-million first close

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Isabelle Kirkwood @ BetaKit · 06/18/2024 16:20 EDT

New fund will invest in projects solving pressing challenges for Indigenous communities. Read more ›

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TD Bank launches Innovation Partners banking platform for tech companies

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Alex Riehl @ BetaKit · 06/18/2024 13:39 EDT

TD Innovation Partners’ leadership team is almost entirely ex-SVB and ex-RBCx leaders. Read more ›

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Chexy secures $4.1 million to improve its rent-to-rewards platform’s payments infrastructure

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Alex Riehl @ BetaKit 2 place · 06/18/2024 06:00 EDT

Chexy is looking to become a one-stop shop for tenants paying their monthly rent and expenses. Read more ›

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S|W: The SaaS Weekly – Regulations? Uber can “suck it up,” says BC premier

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Alex Riehl @ BetaKit · 06/18/2024 05:00 EDT

Plus: Copperleaf to go private in billion-dollar deal. Read more ›

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