News from BetaKit

Ubisoft closes Winnipeg office, laying off another 65 staff

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Alex Riehl @ BetaKit 1 place · 06/12/2026 17:48 EDT

French game developer continues cost-cutting measures just months after closing Halifax office. Read more ›

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MaRS, KPMG Canada partner to launch Climate Impact Accelerator

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Charlize Alcaraz @ BetaKit · 06/20/2022 14:02 EDT

The accelerator aims to connect corporations with cleantech startups to advance climate innovation. Read more ›

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Areto Labs secures $1 million to address online abuse with machine learning

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Josh Scott @ BetaKit 2 place · 06/20/2022 06:00 EDT

Areto Labs aims to help sports teams protect star athletes from social media trolls. Read more ›

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F|T: The FinTech Times – Wealthsimple, Coinbase, WonderFi make staff cuts

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Douglas Soltys @ BetaKit · 06/20/2022 05:30 EDT

Plus: Wave CEO Kirk Simpson to step down three years after acquisition by H&R Block. Read more ›

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Canadian startup news of the week (6/19/22)

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Douglas Soltys @ BetaKit · 06/20/2022 05:00 EDT

Plus: Inovia raises $420 million CAD for fifth early-stage venture fund. Read more ›

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Startup Luxembourg wants Canadian founders to know its country is a gateway to the European market

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Stefan Palios @ BetaKit 1 place · 06/17/2022 14:00 EDT

Funding, support, and access to the single market are some of Luxembourg's startup draws. Read more ›

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BBTV reduces workforce by 14 percent following revenue decline in Q1

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Charlize Alcaraz @ BetaKit 2 place · 06/17/2022 13:13 EDT

Layoffs continue to sweep Canada’s tech sector. Read more ›

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FTX buys registered crypto trading platform Bitvo to expand into Canada

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Charlize Alcaraz @ BetaKit 2 place · 06/17/2022 11:41 EDT

Bitvo is one of the few Canadian crypto companies registered as a restricted dealer. Read more ›

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Collision’s Paddy Cosgrave talks Shopify, tech downturns, and meaningful connections

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Douglas Soltys @ BetaKit 2 place · 06/17/2022 10:16 EDT

Unpacking a sophisticated global perspective on Canadian tech. Read more ›

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Immigration expert-led Immigrate aims to help Canadian firms bring the talent they need to Canada

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Josh Scott @ BetaKit 2 place · 06/17/2022 09:59 EDT

Immigrate claims to have processed over 1,800 applications to date. Read more ›

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Collision unveils 28 Canadian startups shortlisted for pitch competition

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Charlize Alcaraz @ BetaKit 2 place · 06/17/2022 09:33 EDT

Collision expects to see 35,000 attendees in-person after two years of being online. Read more ›

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H|T: The Healthtech Times – Changing how doctors get paid

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Michael Edgar @ BetaKit · 06/17/2022 05:00 EDT

Plus: Teladoc Health faces class action lawsuit alleging it misled investors. Read more ›

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Body of missing Shopify exec Brett O’Grady found in Ottawa

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Meagan Simpson @ BetaKit · 06/16/2022 16:08 EDT

O'Grady had been a Treasurer at Shopify since 2015. Read more ›

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Federal government-backed Indigenous Growth Fund secures $3 million from Jack Dorsey’s Block Inc

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Charlize Alcaraz @ BetaKit · 06/16/2022 16:06 EDT

“We know this investment will spark and inspire other companies to also contribute to economic reconciliation.” Read more ›

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Federal government introduces new legislation aimed at governing privacy, AI

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Charles Mandel @ BetaKit · 06/16/2022 15:34 EDT

Proposed Bill C-27 carries fines of up to $25 million for serious offences contravening the act. Read more ›

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Plobal Apps raises $8.5 million in Bessemer-led round to scale mobile e-commerce app for Shopify merchants

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Charlize Alcaraz @ BetaKit · 06/16/2022 12:22 EDT

With $14 million in total funding, Plobal wants to go global. Read more ›

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M&A likely to be a significant driver of value for Canadian tech firms in 2022

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Isabelle Kirkwood @ BetaKit 3 place · 06/16/2022 06:00 EDT

PwC data finds Canada’s growth in M&A last year was in step with a global surge. Read more ›

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R|T: The Retail Times – The results are in for Tobi Lütke at Shopify

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Michael Edgar @ BetaKit · 06/16/2022 05:00 EDT

Plus: Amazon’s Consumer Chief Dave Clark joins supply chain startup Flexport as CEO. Read more ›

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New analysis identifies 35 Canadian tech companies on path to $1 billion in annual revenue

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Josh Scott @ BetaKit 3 place · 06/15/2022 16:30 EDT

List points to startups like ApplyBoard, Benevity, Clio, FreshBooks, RenoRun. Read more ›

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Altrio secures $8 million to double headcount, bolster real estate investment software

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Charlize Alcaraz @ BetaKit · 06/15/2022 16:26 EDT

Altrio claims its users include two of the world largest real estate investors. Read more ›

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WonderFi to become only Canadian-regulated crypto-trading platform listed on the TSX

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Charlize Alcaraz @ BetaKit 3 place · 06/15/2022 14:58 EDT

Listing comes after WonderFi reduced its staff by between 15 to 20 percent. Read more ›

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