News from BetaKit

Acquisitions drive revenues at Emerge Commerce and Plurilock Security

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Charles Mandel @ BetaKit · 05/30/2022 16:44 EDT

Both companies report revenue increases for the first quarter of 2022. Read more ›

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Lendified expressed doubts about moving forward as a company after posting first quarter loss

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Charles Mandel @ BetaKit · 05/30/2022 15:55 EDT

Lendified said it is running an accumulated deficit of $52.2 million. Read more ›

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Think Research sees 142 percent rise in Q1 revenue fuelled by acquisitions, “major contract wins”

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Josh Scott @ BetaKit · 05/30/2022 15:24 EDT

Despite Omicron-related “setbacks,” Think Research sees strong Q1 revenue growth. Read more ›

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Mara Renewables raises $39.5 million to expand algae-based offerings

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Charlize Alcaraz @ BetaKit · 05/30/2022 14:57 EDT

Mara wants to promote use of Omega-3 from under the sea. Read more ›

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F|T: The FinTech Times – Crypto losses mount as Canadian companies join anti-money laundering standard

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Michael Edgar @ BetaKit · 05/30/2022 06:30 EDT

Plus: A third of Bolt's staff checks out. Read more ›

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Able Innovations announces $7.5 million to take the pain out of patient transfer

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Josh Scott @ BetaKit 2 place · 05/30/2022 06:01 EDT

Amid staffing shortages, Able aims to enable healthcare workers to “do more with less.” Read more ›

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Canadian startup news of the week (5/29/22)

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Michael Edgar @ BetaKit 1 place · 05/30/2022 05:00 EDT

Plus: Wealthsimple among international group of companies joining anti-money laundering crypto standard. Read more ›

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Memorial University to launch two innovation initiatives with support from feds, provincial government, IBM Canada

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Charlize Alcaraz @ BetaKit 1 place · 05/27/2022 15:37 EDT

IBM’s contribution includes hardware, software, staffing. Read more ›

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The federal government wants to address Canada’s intellectual property woes, but is it’s strategy paying off?

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Isabelle Kirkwood @ BetaKit 2 place · 05/27/2022 06:01 EDT

The feds underscored IP in this year’s budget, but some experts point to missed opportunities. Read more ›

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Doctor-founded Cherry Health closes $1.23 million to expand job-matching platform for physicians

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Josh Scott @ BetaKit 2 place · 05/27/2022 06:00 EDT

Launched by a family physician and a pair of tech leaders during the early days of COVID-19, Cherry Health wants to solve the physician staffing crisis facing Canadian medical practices. The Calgary-based healthtech startup, which describes itself as “Canada’s medical staffing network,” offers a smartphone-based self-serve job-matching app that connects doctors to medical clinics seeking to fill locum positions. Locum, which is short for the Latin phrase locum tenens, means... Read more ›

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H|T: The Healthtech Times – Zymeworks dodging Dubai bids

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

Plus: Well Health Technologies posts record Q1 revenue. Read more ›

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Principal to Partner: Éléonore Jarry-Ferron, Pablo Srugo get promoted at Brightspark, Mistral

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Charlize Alcaraz @ BetaKit 3 place · 05/26/2022 17:05 EDT

Jarry, Srugo, and two others co-founded VCHOURS in 2020 to support startups during the pandemic. Read more ›

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Dependbuild, Easy Platter, PragmaClin Research win collective $75,000 from Volta pitch contest

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Charlize Alcaraz @ BetaKit 2 place · 05/26/2022 12:36 EDT

The three startups represent Volta’a 10th cohort for its mentorship program. Read more ›

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Canadian innovators wonder what proposed SR&ED review will accomplish

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Charles Mandel @ BetaKit 3 place · 05/26/2022 06:00 EDT

Some think it’s time for a SR&ED overhaul, but what’s a review going to do? Read more ›

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R|T: The Retail Times – Shopify is testing Shop Cash

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Michael Edgar @ BetaKit 3 place · 05/26/2022 05:00 EDT

Plus: Lightspeed sees a path to profitability. Read more ›

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Worximity secures $14 million for smart factory analytics tech

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Meagan Simpson @ BetaKit · 05/25/2022 16:05 EDT

Worximity part of the push towards the ‘Fourth Industrial Revolution.’ Read more ›

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WeCook raises $40 million to fuel expansion of “ready-to-eat” meal service

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Josh Scott @ BetaKit 3 place · 05/25/2022 15:46 EDT

Financing from Claridge fund focused on supporting Québec food processing firms. Read more ›

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A|I: The AI Times – Xanadu’s quantum computer

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Michael Edgar @ BetaKit · 05/25/2022 15:33 EDT

Plus: Five Canadian startups crack CB Insights’ 2022 AI 100 list Read more ›

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Led by former Shopify executive, on-demand delivery service Trexity raises $5 million for Canadian expansion

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Charles Mandel @ BetaKit 2 place · 05/25/2022 10:00 EDT

Trexity helped pioneer a subscription delivery service for Kettleman's Bagel. Read more ›

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Unbounce expands leadership team with addition of Indochino, RBC Ventures, Mapbox alums

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Josh Scott @ BetaKit · 05/25/2022 09:59 EDT

Startup adds CMO, CPO, and VP of engineering for “next phase of growth.” Read more ›

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