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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Paramedic tech provider Prehos secures $7.2 million in seed funding

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Charlize Alcaraz @ BetaKit 2 place · 02/18/2022 10:28 EDT

Ambulance services provider Dessercom is an investor in Prehos. Read more ›

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Roach Capital closes $6.4 million CAD for first fund from prominent VCs, Shopify execs

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Josh Scott @ BetaKit 1 place · 02/18/2022 06:00 EDT

Golden Ventures and partners from Tiger Global and Garage Capital also invested in the Shopify alum-led fund. Read more ›

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H|T: The Healthtech Times – Canadian biotech leader Clarissa Desjardins secures the bag

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Josh Scott @ BetaKit · 02/18/2022 05:30 EDT

Plus: Peloton is cutting 20 percent of workforce as CEO steps down. Read more ›

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RideCo drives up expansion with $20 million Series A

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Charlize Alcaraz @ BetaKit 3 place · 02/17/2022 16:51 EDT

The financing marks RideCo’s first investment round since it launched in 2015. Read more ›

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Mila partners with AI Sweden to bolster AI R&D in Canada and Sweden

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Charlize Alcaraz @ BetaKit · 02/17/2022 14:03 EDT

AI Sweden has established a physical presence in Montréal. Read more ›

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Convictional secures $50.7 million CAD, announces UK expansion

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Charles Mandel @ BetaKit · 02/17/2022 11:59 EDT

FinTech startup plans to ramp up staff, accelerate product development. Read more ›

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Allen Lau drafts a new plan for Wattpad one year after Naver acquisition

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Meagan Simpson @ BetaKit · 02/17/2022 08:00 EDT

Will parent company Naver spin out Wattpad and Webtoon to take them public? Lau thinks "it makes a lot of sense." Read more ›

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R|T: The Retail Times – Shopify’s strategic investment to solve this supply chain mess

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Josh Scott @ BetaKit · 02/17/2022 05:30 EDT

Plus: Massive “coffeetech” investments are giving startups a jolt. Read more ›

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New report on Canadian venture, private equity landscape shows firms failing when it comes to inclusion side of D&I

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Meagan Simpson @ BetaKit 2 place · 02/17/2022 05:00 EDT

Women partners are six times more likely to report harassment or feel opinions not valued. Read more ›

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Hubdoc co-founders back eState Planner’s $1 million seed round

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Charlize Alcaraz @ BetaKit · 02/16/2022 16:58 EDT

Divorcemate creator Mark Harris also participated in the financing. Read more ›

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Pinterest appoints Kristie Painting as Canada country manager

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Charlize Alcaraz @ BetaKit · 02/16/2022 14:24 EDT

Painting joins after Pinterest expanded its Toronto office by 50 people last year. Read more ›

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Shopify shares drop following decelerated revenue growth, lowered guidance in Q4 2021 results

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Josh Scott @ BetaKit 2 place · 02/16/2022 11:00 EDT

Shopify’s share price has dropped 18 percent following market open. Read more ›

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BetaKit Live: Checking in with BC’s SaaS Unicorns, Clio and Trulioo on February 23rd

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Raj Dhaliwal @ BetaKit · 02/16/2022 08:00 EDT

Let's get SaaS-y with two Best Coast unicorns. Read more ›

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Alongside closes $8 million Series A to merge its HR tools with CareerBeacon’s jobs site

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Josh Scott @ BetaKit 3 place · 02/16/2022 07:30 EDT

Alongside used some of the funding to acquire CareerBeacon in December. Read more ›

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Properly begins Canadian expansion with move into Vancouver, Fraser Valley

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Josh Scott @ BetaKit · 02/16/2022 05:55 EDT

CEO says Vancouver is a “great hub” to begin serving Western Canada. Read more ›

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A|I: The AI Times – Raquel Urtasun’s autonomous vehicle revolution

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Josh Scott @ BetaKit · 02/16/2022 05:30 EDT

Plus: Toronto tech institute tracking long COVID with AI. Read more ›

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Cohere closes $125 million USD Series B round led by Tiger Global

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Josh Scott @ BetaKit · 02/15/2022 18:24 EDT

Cohere plans to open new Palo Alto office led by Apple alum. Read more ›

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Bank of Montreal commits $100 million to launch lending program for Black entrepreneurs

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Charlize Alcaraz @ BetaKit · 02/15/2022 14:24 EDT

Black entrepreneurs can receive loans of up to $250,000. Read more ›

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LifeSpeak to acquire digital fitness platform Wellbeats for up to $117.9 million CAD

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Charlize Alcaraz @ BetaKit · 02/15/2022 12:02 EDT

Wellbeats would mark LifeSpeak’s largest acquisition to date. Read more ›

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Paper secures $343 million CAD with US schools drawn to its remote tutoring tech

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Meagan Simpson @ BetaKit 1 place · 02/15/2022 07:59 EDT

Paper doubled the number of students on its platform to two million since last year. Read more ›

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