News from BetaKit

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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S|W: The SaaS Weekly – 7shifts staffs up

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Josh Scott @ BetaKit · 02/15/2022 05:30 EDT

Plus: Acquirers are circling Zendesk. Read more ›

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The many obstacles to inclusion in startups (and one aid from Innovate BC)

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Stefan Palios @ BetaKit · 02/14/2022 17:21 EDT

For startups looking to make positive changes, it’s important to first have a conversation about bias. Read more ›

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Following recent merger, Startup Montréal announces program to spur late-stage growth

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Josh Scott @ BetaKit 2 place · 02/14/2022 14:30 EDT

The Government of Québec has committed $6.5 million to the program. Read more ›

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Former Wattpad employees close $300,000 to build relationship improvement app Couply

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Josh Scott @ BetaKit 1 place · 02/14/2022 06:00 EDT

Couply’s investors include Wattpad co-founder Ivan Yuen, Shopify employees. Read more ›

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Canadian startup news of the week (2/13/22)

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Josh Scott @ BetaKit 3 place · 02/14/2022 05:30 EDT

Plus: D-Wave looks to go public. Read more ›

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F|T: The FinTech Times – Bitcoin’s Bonnie and Clyde

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Josh Scott @ BetaKit · 02/14/2022 05:30 EDT

Plus: Tories push Trudeau for plan to lure crypto investment. Read more ›

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Who are Canada’s ‘soonicorns’?

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Douglas Soltys @ BetaKit · 02/13/2022 16:25 EDT

BetaKit knew them before they were famous. Read more ›

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Cyclica spins out startup, Perturba Therapeutics, from University of Toronto

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Charles Mandel @ BetaKit 1 place · 02/11/2022 16:13 EDT

Perturba fuses AI-drug design and biological science. Read more ›

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11 Canadian tech companies to watch in 2022

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Kevin Sandhu @ BetaKit 1 place · 02/11/2022 11:35 EDT

ControlHQ’s co-founder is back with his #CDNtech crystal ball. Read more ›

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Wafra Capital Partners acquires Toronto FinTech startup Financeit from Goldman Sachs

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Charles Mandel @ BetaKit 1 place · 02/11/2022 11:17 EDT

The sale comes five years after Goldman Sachs acquired Financeit. Read more ›

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Potential Motors closes $4 million CAD to improve off-road electric vehicle performance

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Josh Scott @ BetaKit 1 place · 02/11/2022 06:00 EDT

The startup focuses on “the most overlooked space in electrification.” Read more ›

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H|T: The Healthtech Times – PointClickCare’s audacious acquisition

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Josh Scott @ BetaKit · 02/11/2022 05:30 EDT

Plus: Remote patient monitoring is raking in venture funding. Read more ›

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Oncology innovators Canexia Health, Imagia merge, raise $20 million

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Charlize Alcaraz @ BetaKit · 02/10/2022 16:58 EDT

Imagia CEO Geralyn Ochab will lead the combined companies. Read more ›

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Wyvern secures $4 million from SDTC to use satellite tech for farming

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Charlize Alcaraz @ BetaKit · 02/10/2022 15:01 EDT

Wyvern previously raised $4.5 million in pre-seed, seed funding. Read more ›

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Dream Legacy Foundation, DMZ launch coaching program for Black founders

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Charles Mandel @ BetaKit · 02/10/2022 14:48 EDT

Program designed to help founders overcome barriers to business. Read more ›

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Montréal Inc and Bonjour Startup Montréal merge, become Startup Montréal

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Josh Scott @ BetaKit · 02/10/2022 13:00 EDT

The new org will have “a substantially greater impact,” says Startup Montréal. Read more ›

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Gatineau-based Cilex granted $230,000 from federal government to enhance tech incubation services

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Charlize Alcaraz @ BetaKit 2 place · 02/10/2022 11:10 EDT

Cilex will create new incubation, acceleration services for cybersecurity. Read more ›

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