News from BetaKit

Legaltech unicorn Clio now also a centaur after hitting $100 million USD in ARR milestone

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Josh Scott @ BetaKit · 06/09/2022 12:50 EDT

Amid glut of unicorns, Bessemer calls centaur status “true mark of an exceptional SaaS startup.” Read more ›

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Alberta government to invest $23 million for quantum hub at University of Calgary

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Charlize Alcaraz @ BetaKit 3 place · 06/09/2022 11:54 EDT

The hub is aimed at developing Alberta’s quantum sector. Read more ›

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1Password adds Shopify alum Erin Zipes as chief legal officer, doubling C-suite over past year

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Josh Scott @ BetaKit 3 place · 06/09/2022 08:59 EDT

Zipes has experience scaling legal team, leading Shopify through IPO. Read more ›

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R|T: The Retail Times – Shopify finds conflict minerals in its third-party manufactured components

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Michael Edgar @ BetaKit · 06/09/2022 05:00 EDT

Plus: Amazon CEO of Worldwide Consumer Dave Clark resigns. Read more ›

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Orna raises over $1 million in seed funding to bolster AI-powered cybersecurity platform

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Charlize Alcaraz @ BetaKit · 06/08/2022 17:27 EDT

Orna is working on using blockchain tech for secure data storage. Read more ›

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Delphia closes $60 million USD to improve AI-driven investment platform with user-owned data

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Charlize Alcaraz @ BetaKit · 06/08/2022 17:02 EDT

Delphia taps into crypto as reward for users that provide data. Read more ›

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VirgoCX receives CSA exemption as parent company secures $10 million

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Charlize Alcaraz @ BetaKit · 06/08/2022 11:34 EDT

As VirgoCX secures regulatory exemption in Canada, it eyes global expansion in Australia, UK. Read more ›

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Thin Air Labs secures $20 million in initial close of Prairie-focused venture fund

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Meagan Simpson @ BetaKit · 06/08/2022 10:29 EDT

The Prairie tech firm has targeted $100 million for first fund. Read more ›

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A|I: The AI Times – Borealis’ ‘big leap forward’

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Michael Edgar @ BetaKit · 06/08/2022 05:00 EDT

Plus: AI Is New but Not Immune From Old Rules, Bank Regulators Say. Read more ›

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Vybe Network raises $13.1 million CAD for Solana blockchain data infrastructure solution

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Charlize Alcaraz @ BetaKit 3 place · 06/07/2022 14:58 EDT

Vybe aims to make it easy for anyone to access data on Solana. Read more ›

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IntelliSports raises $2.5 million for gamified fitness app PlayFitt

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Charlize Alcaraz @ BetaKit 3 place · 06/07/2022 11:54 EDT

New York Jets’ guard bets on Montréal-made fitness video game. Read more ›

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Shopify shareholders approve increased voting power for CEO Tobi Lütke, 10-for-1 stock split

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Meagan Simpson @ BetaKit 2 place · 06/07/2022 11:33 EDT

It's still the Tobi Lütke show at Shopify. Read more ›

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PayShepherd closes $3.8 million CAD to fuel North American expansion of contractor billing solution

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Josh Scott @ BetaKit · 06/07/2022 09:59 EDT

Calgary FinTech firm aims to spot billing mistakes before it’s too late. Read more ›

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Hopper rolls out new FinTech products as it aims to build a “travel super app”

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Charles Mandel @ BetaKit · 06/07/2022 09:00 EDT

CEO says FinTech products make B2B play more sticky. Read more ›

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Starting with Ontario, Kruzee aims to become North America’s leading online driving school

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Josh Scott @ BetaKit 3 place · 06/07/2022 06:00 EDT

Ratehub, Juno College alum-led Kruzee gears up for launch with $500,000. Read more ›

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Mash raises $7.5 million CAD to help builders, developers, and creators monetize

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Charles Mandel @ BetaKit · 06/07/2022 06:00 EDT

Mash wants to help creators generate cryptocurrency revenue. Read more ›

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S|W: The SaaS Weekly – Sheryl Sandberg leans out

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Michael Edgar @ BetaKit 3 place · 06/07/2022 05:00 EDT

Plus: BC startups Kardium, HTEC, Kobalt, Symvivo receive cumulative $11.1 million from feds. Read more ›

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Clearco expands to Germany while cutting staff in Ireland

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Meagan Simpson @ BetaKit · 06/06/2022 14:57 EDT

The cuts come three months after Clearco promised to hire 125 people in Ireland. Read more ›

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Accelerator Centre secures $10 million from FedDev Ontario for venture studio program

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Charlize Alcaraz @ BetaKit · 06/06/2022 13:40 EDT

Participating startups can receive up to $100,000 in seed funding. Read more ›

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CanCode doles out $1.1 million to digital literacy training group Grandir Sans Frontières

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Charlize Alcaraz @ BetaKit 3 place · 06/06/2022 06:00 EDT

GSF aims to create over 8,000 tech training opportunities for youth. Read more ›

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