News from BetaKit

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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Backed by Yoshua Bengio, Ubenwa is using AI to diagnose neurological issues through baby cries

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Meagan Simpson @ BetaKit 2 place · 07/25/2022 13:29 EDT

The Mila spinout has raised $3.24 million CAD to launch app for parents. Read more ›

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GreenCentre Canada secures over $2.5 million from FedDev Ontario to launch cleantech accelerator program

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Charlize Alcaraz @ BetaKit · 07/25/2022 12:59 EDT

Waterloo-based ALT TEX, Material Futures among startups selected to join the program. Read more ›

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Ex-Tungle, Foko employees pivot new startup, Nook, to take on Evernote

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Meagan Simpson @ BetaKit 2 place · 07/25/2022 06:01 EDT

With exits to BlackBerry and Workforce, Nook team wants to tackle notetaking. Read more ›

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Crypto custodian Balance completes SOC 2 audit to increase customer confidence

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Josh Scott @ BetaKit · 07/25/2022 06:00 EDT

Balance joins growing list of crypto firms becoming SOC compliant. Read more ›

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F|T: The FinTech Times – The bottom fell out of Canadian FinTech

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Michael Edgar @ BetaKit · 07/25/2022 05:30 EDT

Plus: Former Coinbase manager arrested for insider trading. Read more ›

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Canadian startup news of the week (7/24/22)

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Michael Edgar @ BetaKit 2 place · 07/25/2022 05:00 EDT

Plus: Shopify presses play on YouTube, Lightspeed pairs well with OpenTable. Read more ›

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Mark McQueen thinks it’s a great time to have a chequebook

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Douglas Soltys @ BetaKit · 07/24/2022 18:28 EDT

The President of CIBC Innovation Banking is not concerned. Read more ›

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Tech-enabled fulfillment company Darwynn closes $20 million pre-seed round

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Charlize Alcaraz @ BetaKit 1 place · 07/22/2022 17:17 EDT

Darwynn says its facilities take up less space and costs less to operate. Read more ›

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Introhive cuts 16 percent of workforce citing market conditions

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Meagan Simpson @ BetaKit 2 place · 07/22/2022 15:58 EDT

CEO said the current environment makes it challenging to fund Introhive’s high-growth strategy. Read more ›

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Blume secures $2 million CAD to scale latte replacement product

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Charlize Alcaraz @ BetaKit 2 place · 07/22/2022 14:26 EDT

Frank and Oak, Nude Beverages execs buy into Blume's first institutional round. Read more ›

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Why now is the time for Canadian startups to hire internationally

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Stefan Palios @ BetaKit 1 place · 07/22/2022 09:46 EDT

“The more tech talent we can attract, the better it will be for the country.” Read more ›

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Following a record-setting first quarter, Québec venture funding eased up in Q2 2022

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Isabelle Kirkwood @ BetaKit · 07/22/2022 06:02 EDT

VCs are treading water as market tides change. Read more ›

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H|T: The Healthtech Times – PointClickCare valuation tops US$5-billion

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Michael Edgar @ BetaKit · 07/22/2022 05:00 EDT

Plus: Peloton competitor Tonal cuts 35% of workforce. Read more ›

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TransPod unveils “ultra-high-speed” FluxJet vehicle as it begins construction on proposed Alberta track

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Josh Scott @ BetaKit 2 place · 07/22/2022 01:59 EDT

TransPod aims to offer transportation between Edmonton and Alberta that’s “faster than a jet and three times as fast as a high-speed train.” Read more ›

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The bottom fell out of Canadian FinTech funding in Q2 2022

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Charlize Alcaraz @ BetaKit · 07/21/2022 17:41 EDT

Q2 2022 saw a dramatic 70 percent drop in FinTech funding YoY. Read more ›

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Real estate auction platform Unreserved files $25 million lawsuit against real estate associations

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Meagan Simpson @ BetaKit · 07/21/2022 15:46 EDT

Startup claims defamation and interference in Unreserved's economic interests. Read more ›

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Federal, BC governments invest in new agtech innovation centre at Simon Fraser University

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Charlize Alcaraz @ BetaKit · 07/21/2022 13:00 EDT

The centre is expected to create 200 jobs and train over 700 workers. Read more ›

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