News from BetaKit

Canadian startup news of the week (2/06/22)

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Josh Scott @ BetaKit 3 place · 02/07/2022 05:30 EDT

Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features, and editorials published on BetaKit. If you prefer this update hit your inbox every week, make sure to subscribe to the BetaKit Newsletter using the form at the bottom of this page. Top Stories of the Week Koho secures $210 million to give more Canadians access to wealth creation The question has... Read more ›

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F|T: The FinTech Times – Can Koho disrupt Canadian banking before Wealthsimple disrupts them?

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Josh Scott @ BetaKit · 02/07/2022 05:30 EDT

Plus: Coinbase adds Shopify CEO to board of directors Read more ›

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Three Toronto-based tech companies hiring across Canada right now

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Raj Dhaliwal @ BetaKit 2 place · 02/06/2022 18:36 EDT

Inpixon, Motion, and TalentMinded are all hiring. Read more ›

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How Ada and Benevity became Canadian tech unicorns

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Douglas Soltys @ BetaKit 3 place · 02/06/2022 17:55 EDT

Does mo' money truly mean mo' problems? Read more ›

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Stamped AI closes $2 million to simplify financial statement prep for SMBs

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Josh Scott @ BetaKit 1 place · 02/04/2022 15:32 EDT

Stamped AI describes itself as a “tech-enabled audit firm.” Read more ›

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Silicon Valley unicorn Productboard eyes Vancouver, Toronto for expansion

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Charles Mandel @ BetaKit 2 place · 02/04/2022 14:51 EDT

The startup plans to hire 70 Canadian employees following a $125 million USD round. Read more ›

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Hiring roundup: Carbon Engineering, ACTO, WorkJam, Wishpond, Volta, Silicon Valley Bank

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Charlize Alcaraz @ BetaKit 3 place · 02/04/2022 12:37 EDT

Here are six Canadian tech firms that have added new talent this year. Read more ›

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Australian government taps Bedrock AI for RegTech challenge

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Charles Mandel @ BetaKit 3 place · 02/04/2022 06:01 EDT

Bedrock hopes to land $1 million contract to uncover poor capital market disclosures. Read more ›

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H|T: The Healthtech Times – Investors bet big on BenchSci

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Josh Scott @ BetaKit · 02/04/2022 05:30 EDT

Plus: What stopped The Canadian Shield from supplying the PPE and rapid tests Canada needs? Read more ›

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LeddarTech scores $140 million USD in Series D funding and debt

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Josh Scott @ BetaKit 3 place · 02/03/2022 17:36 EDT

LeddarTech builds tech systems that support autonomous vehicles. Read more ›

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Newly TSXV-listed Pluribus Technologies acquires Kesson Group, Social5

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Charlize Alcaraz @ BetaKit · 02/03/2022 16:20 EDT

Pluribus acquired both for a cumulative $10.3 million in cash and shares. Read more ›

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IBM partners with Québec government to open new accelerator program

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Charles Mandel @ BetaKit 3 place · 02/03/2022 15:15 EDT

Program focuses on quantum computing, AI, semiconductors, and high-performance computing. Read more ›

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Amplify Capital closes $30.7 million for second fund, eyes Québec startups with Montréal office

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Josh Scott @ BetaKit 1 place · 02/03/2022 14:59 EDT

To date, the MaRS spinout has backed 7 companies through Fund II. Read more ›

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Proptech startup VendorPM raises $6 million in Bessemer-led seed round

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Charlize Alcaraz @ BetaKit · 02/03/2022 13:56 EDT

VendorPM earmarked the new capital for US expansion. Read more ›

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Hopper now valued at $5 billion after $35 million secondary deal

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Meagan Simpson @ BetaKit · 02/03/2022 11:44 EDT

Hopper recently expanded into Airbnb-style home rentals. Read more ›

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Universities have a role to play in addressing BC’s tech talent crunch: report

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Isabelle Kirkwood @ BetaKit 2 place · 02/03/2022 07:00 EDT

BC faces the perils of “brain drain 2.0.” Read more ›

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ClearEstate raises $16.8 million CAD to help the grieving deal with estates

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Charles Mandel @ BetaKit 3 place · 02/03/2022 05:59 EDT

Lead investor OMERS Ventures says “end-of-life products” deserve more thoughtful solutions. Read more ›

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R|T: The Retail Times – How long will it take Shopify to compete with Amazon on fulfillment?

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Josh Scott @ BetaKit · 02/03/2022 05:30 EDT

Plus: Lightspeed adds global tech entrepreneurs Nathalie Gaveau and Dale Murray to its board. Read more ›

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Founder Dax Dasilva out as Lightspeed CEO

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Charles Mandel @ BetaKit · 02/02/2022 20:46 EDT

President JP Chauvet steps in as CEO; third-quarter results overshadowed in C-suite change. Read more ›

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Wealthsimple still working on crypto wallet withdrawals

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Josh Scott @ BetaKit · 02/02/2022 18:02 EDT

Wealthsimple plans to ensure all users have access to BTC and ETH withdrawals soon. Read more ›

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