News from BetaKit

BC securities regulator alleges Blok Technologies, former execs misrepresented share sale in 2018

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Josh Scott @ BetaKit · 07/28/2022 17:18 EDT

BCSC claims Blok violated the Securities Act. Read more ›

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The Women Entrepreneurship Ecosystem Fund calls for new projects in order to dole out $40 million

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Charlize Alcaraz @ BetaKit · 07/28/2022 16:04 EDT

The WES Ecosystem Fund has invested $100 million in 52 projects. Read more ›

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Portage Ventures rolls out new late-stage FinTech fund, aims to raise up to $1 billion USD

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Josh Scott @ BetaKit · 07/28/2022 13:35 EDT

Amid downturn, Portage sees chance to fund FinTech firms reluctant to take valuation hit. Read more ›

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Four Canadian companies selected for inaugural CB Insights Advanced Manufacturing 50 list

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Charlize Alcaraz @ BetaKit · 07/28/2022 12:05 EDT

BenchSci, Vention among Canadian startups in the list. Read more ›

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Stadium Live scores $12.8 million CAD Series A to engage Gen Z sports fans

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Josh Scott @ BetaKit · 07/28/2022 10:59 EDT

Stadium Live aims to build the “spatial version of Discord.” Read more ›

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Fable raises $8.4 million CAD Series A to fuel move beyond tableware

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Josh Scott @ BetaKit · 07/28/2022 06:00 EDT

Fable wants to sell “all the little items … that make a house a home.” Read more ›

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R|T: The Retail Times – Shopify presses play on YouTube, Lightspeed pairs well with OpenTable

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Michael Edgar @ BetaKit · 07/28/2022 05:00 EDT

Plus: Unreserved files $25 million lawsuit against real estate associations. Read more ›

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Nova Scotia government consolidates Innovacorp, Nova Scotia Business Inc

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Charlize Alcaraz @ BetaKit · 07/27/2022 17:14 EDT

Nova Scotia says the changes address issues of overlapping mandates, duplicate operations, outdated legislation. Read more ›

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Coinsquare lays off 24 percent of staff amid turbulent crypto market, shifted focus to regulation

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Meagan Simpson @ BetaKit · 07/27/2022 16:51 EDT

The cuts follow hiring sprees that took place across the crypto space last year. Read more ›

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ProcedureFlow closes $11.8 million to scale knowledge management software globally

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Charlize Alcaraz @ BetaKit · 07/27/2022 14:42 EDT

ProcedureFlow’s client base includes Blue Cross, Nova Scotia Power. Read more ›

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General Fusion picked for fusion power plant projects with US Department of Energy

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Charlize Alcaraz @ BetaKit · 07/27/2022 12:39 EDT

General Fusion awarded funding from DoE to work with American national labs. Read more ›

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Shopify’s growth continues to slow amid changing e-commerce market conditions

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Meagan Simpson @ BetaKit 3 place · 07/27/2022 07:46 EDT

The results come one day after a 10 percent, company-wide reduction in staff. Read more ›

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Montréal-founded QueerTech wants to expand its 2SLGBTQIA+ events across Canada

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Meagan Simpson @ BetaKit · 07/27/2022 06:01 EDT

72 percent of QueerTech's 7,600-plus members come from outside Montréal. Read more ›

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A|I: The AI Times – A giant wave of machine-learning acquisitions

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Michael Edgar @ BetaKit · 07/27/2022 05:00 EDT

Plus: Stradigi.ai says it's still alive. Read more ›

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Accenture continues Canadian tech acquisition spree with Solvera Solutions, Eclipse Automation

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Charlize Alcaraz @ BetaKit 2 place · 07/26/2022 15:15 EDT

Accenture has acquired six Canadian companies since 2020. Read more ›

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BrainBox AI’s Series A round reaches $30 million following EDC top-up

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Charlize Alcaraz @ BetaKit · 07/26/2022 12:48 EDT

BrainBox AI’s HVAC systems help buildings consume less energy. Read more ›

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Shopify laying off 10 percent of staff

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Meagan Simpson @ BetaKit · 07/26/2022 09:47 EDT

Shopify is set to cut about 10 percent of its global staff, which amounts to approximately 1,000 employees. The cuts were first reported by the The Wall Street Journal, which cited an internal memo that CEO Tobi Lütke sent to staff on Tuesday. According to the memo, which Shopify posted online, the layoffs are necessary as the e-commerce boom that fueled Shopify’s growth in recent years has cooled. The cuts... Read more ›

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Avatar Innovations receives up to $500,000 investment from OCIF for carbontech accelerator

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Charlize Alcaraz @ BetaKit 3 place · 07/26/2022 06:00 EDT

Avatar Innovations wants to spark innovation in Calgary’s energy sector. Read more ›

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S|W: The SaaS Weekly – Introhive cuts staff, Contentsquare goes mammoth

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Michael Edgar @ BetaKit · 07/26/2022 05:00 EDT

Plus: Netflix coming to Vancouver with new acquisition. Read more ›

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Verv closes $3.8 million seed round to develop at-home blood testing kit

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Charlize Alcaraz @ BetaKit · 07/25/2022 16:28 EDT

Could the Theranos that was promised come from Sudbury? Read more ›

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