News from BetaKit

FreshBooks secures $100 million USD debt facility from BMO, J.P. Morgan

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Charlize Alcaraz @ BetaKit · 08/03/2022 12:30 EDT

With fresh funds, FreshBooks wants to continue global expansion, strategic acquisitions. Read more ›

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CFIN invests $338,000 into four Canadian projects related to food sector

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Charlize Alcaraz @ BetaKit 2 place · 08/03/2022 09:00 EDT

Projects in this cohort range from an automated tempeh incubator to upcycling produce. Read more ›

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ZayZoon raises $25.5 million to expand its earned wage access business across the US

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Charles Mandel @ BetaKit 2 place · 08/03/2022 08:45 EDT

ZayZoon’s earned wage access model never caught on in Canada, but took off south of the border. Read more ›

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S|W: The SaaS Weekly – Microsoft stays rosy, Meta drops

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Michael Edgar @ BetaKit · 08/03/2022 05:00 EDT

Plus: Ex-Tungle, Foko employees pivot new startup to take on Evernote. Read more ›

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Canalyst acquired by Chicago-based Tegus in massive BC tech exit

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Meagan Simpson @ BetaKit · 08/02/2022 14:33 EDT

Sources say deal is north of $200 million USD. Read more ›

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Partnership with Mailchimp competitor Klaviyo marks Shopify’s second strategic investment in recent weeks

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Josh Scott @ BetaKit · 08/02/2022 14:02 EDT

Recent SEC filing indicates Shopify may have invested $100 million USD in Klaviyo. Read more ›

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Aurora Hydrogen secures $12.85 million CAD from Shell, Chevron to build demonstration plant

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Charlize Alcaraz @ BetaKit · 08/02/2022 12:53 EDT

Aurora is developing clean hydrogen tech without consuming water. Read more ›

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Wattpad’s new leader is focused on creator value

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Meagan Simpson @ BetaKit · 08/02/2022 12:09 EDT

Wattpad President Jeanne Lam wants to help creators “become the next big hit.” Read more ›

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QuadFi uses AI to make it easier for Canadian newcomers to obtain financing

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Charles Mandel @ BetaKit 3 place · 08/02/2022 06:00 EDT

The B Corp aims to give immigrants a boost with low-interest loans. Read more ›

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Spring Activator launches Women-led Impact Investor Challenge with Telus Pollinator Fund

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Charlize Alcaraz @ BetaKit · 08/02/2022 06:00 EDT

The previous edition of the fund focused on healthcare, naming UVX Inc. as the winner. Read more ›

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F|T: The FinTech Times – Clearco, Coinsquare cut staff as Portage launches new late-stage fund

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Michael Edgar @ BetaKit · 08/02/2022 05:30 EDT

Plus: Caisse needs to explain its risky bet on crypto lender Celsius. Read more ›

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Canadian startup news of the week (8/1/22)

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Michael Edgar @ BetaKit 3 place · 08/02/2022 05:00 EDT

Plus: Our podcast was nominated for an award. Read more ›

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Three Developer/Engineer/IT-related jobs available now

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Raj Dhaliwal @ BetaKit · 08/01/2022 16:11 EDT

Manifest Climate, Valeyo, and TalentMinded are hiring right now. Read more ›

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Shopify stumbling, Rogers resilient, recession fundraising

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Douglas Soltys @ BetaKit 1 place · 07/29/2022 19:23 EDT

All bets are off. Read more ›

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Converge Technology secures $500 million loan to continue acquisition spree

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Charlize Alcaraz @ BetaKit 2 place · 07/29/2022 14:24 EDT

Converge to continue acquisition strategy in North America, Europe. Read more ›

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Frontier Collective to launch flagship summit for metaverse and Web3 leaders

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Charlize Alcaraz @ BetaKit 2 place · 07/29/2022 14:05 EDT

Frontier wants to bring leaders from Adobe, LG, Microsoft to Vancouver. Read more ›

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Clearco cuts a quarter of staff amid “significant headwinds”

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Meagan Simpson @ BetaKit · 07/29/2022 11:41 EDT

Clearco called the cuts "necessary" and "prudent." Read more ›

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From seed to fork: building better food systems through impact investing

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Stefan Palios @ BetaKit 2 place · 07/29/2022 09:41 EDT

Sustainable food is about access and environmental impact. Read more ›

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Advertising tech startup Polar secures funding from Fort Point Capital, rebrands to Nova

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Charlize Alcaraz @ BetaKit 1 place · 07/29/2022 06:00 EDT

Nova president: Polar pioneered the social display space. Read more ›

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H|T: The Healthtech Times – Amazon is buying into primary care with One Medical acquisition

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Michael Edgar @ BetaKit · 07/29/2022 05:00 EDT

Plus: Digital health investment is just cooling off after a scorching year. Read more ›

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