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Josh Scott @ BetaKit · 12/09/2021 16:23 EDT

D2L records rising revenue, net losses in first quarterly report since IPO

D2L’s latest earnings report shows the Kitchener-Waterloo-based EdTech company continues to benefit from the pandemic-fuelled shift to digital learning. In Q3, the e-learning software... Read more ›

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BetaKit
Charlize Alcaraz @ BetaKit · 12/09/2021 15:02 EDT

Magnet Forensics raise $74.4 million CAD in bought deal secondary offering

Waterloo-headquartered Magnet Forensics is set to raise $74.4 million CAD in a bought deal secondary offering, selling 2.45 million subordinate voting shares priced at... Read more ›

15

BetaKit
Charles Mandel @ BetaKit · 12/09/2021 13:39 EDT

Benevity acquire Swiss firm Alaya to extend global reach

Benevity is acquiring the Swiss SaaS platform Alaya for an undisclosed amount. According to Benevity management, the acquisition of Alaya helps cement its status... Read more ›

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BetaKit
Charlize Alcaraz @ BetaKit · 12/09/2021 11:19 EDT

Sleep Country acquires 25 percent stake in blackout curtains manufacturer Sleepout

Major Canadian sleep retailer Sleep Country has signed an agreement to purchase a 25 percent stake in Sleepout, a Toronto-based startup specializing in portable... Read more ›

17

BetaKit
Charlize Alcaraz @ BetaKit · 12/09/2021 06:00 EDT

Shabodi secures $3.3 million to accelerate deployment of next-generation 5G solutions

Toronto-based Shabodi has raised $3.3 million in what it classifies as an oversubscribed seed round led by Blumberg Capital, an early-stage venture capital firm... Read more ›

2

BetaKit
Josh Scott @ BetaKit 2 place · 12/09/2021 05:59 EDT

Whitecap Venture Partners closes $140 million Fund V to invest across Canada

Whitecap Venture Partners has secured $140 million CAD for its fifth fund, which will invest in early-stage B2B SaaS and medtech startups. For Whitecap’s... Read more ›

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BetaKit
Josh Scott @ BetaKit · 12/09/2021 05:30 EDT

R|T: The Retail Times – Life House looks to stop hotel bleeding

The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe. Subscribe to R|T using the form at... Read more ›

0

BetaKit
Charlize Alcaraz @ BetaKit · 12/08/2021 17:23 EDT

Damon Motors secures $37.9 million CAD for its AI-backed electric motorcycles

Damon Motors has raised $37.9 million CAD ($30 million USD) in a Series B funding round led by House of Lithium and other undisclosed... Read more ›

24

BetaKit
Meagan Simpson @ BetaKit · 12/08/2021 16:17 EDT

Nuvei shares drop amid short seller report

Payment processing company Nuvei saw its shares on the Toronto Stock Exchange (TSX) and Nasdaq fall rapidly today as a short-seller report accused the... Read more ›

18

BetaKit
Josh Scott @ BetaKit 3 place · 12/08/2021 12:29 EDT

NACO names Backbone Angels’ Arati Sharma 2021 Angel of the Year

Former Shopify senior leader and current founding partner of Backbone Angels Arati Sharma has been named Canada’s Angel of the Year by the National... Read more ›

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BetaKit
Charlize Alcaraz @ BetaKit · 12/08/2021 11:39 EDT

Former Shopify employees raise $8.5 million from Sequoia, Bessemer for new developer productivity startup Gadget

Ottawa-based Gadget has raised $8.5 million in a funding round led by Sequoia Capital and Bessemer Venture Partners. The financing also saw participation from... Read more ›

14

BetaKit
Silicon Valley Bank @ BetaKit · 12/08/2021 11:05 EDT

The metrics that show your startup is healthy

After a decade on Wall Street and two more as a venture capitalist, Mike Kwatinetz, of Azure Capital Partners, has developed an approach to... Read more ›

2

BetaKit
Josh Scott @ BetaKit · 12/08/2021 06:59 EDT

Rebranded Nomic Bio raises $17 million to fuel development of protein-measuring platform

Nomic Bio has secured a new name and $17 million in Series A financing to support the growth of its protein-measuring platform. Nomic hopes... Read more ›

3

BetaKit
Meagan Simpson @ BetaKit 2 place · 12/08/2021 05:59 EDT

Alison Sunstrum, Kookai Chaimahawong to lead The51’s new AgTech fund

Women-focused investment firm The51 has brought on two venture capitalists to lead its new Food & AgTech fund. Alison Sunstrum, formerly of Builders VC... Read more ›

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BetaKit
Josh Scott @ BetaKit · 12/08/2021 05:30 EDT

A|I: The AI Times – Inside the Canadian AI for VFX studio behind WandaVision

The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the globe. If you... Read more ›

0

BetaKit
Douglas Soltys @ BetaKit · 12/08/2021 03:55 EDT

Wealthsimple Trade to launch ‘Plus’ tier, sunset ‘Premium’ offering, streamline US trading

Canadian FinTech giant Wealthsimple has announced a pricing change to its Trade service in an effort to make US trades, well, more simple. The... Read more ›

1

BetaKit
Stefan Palios @ BetaKit · 12/07/2021 15:45 EDT

Tech panel thinks Canadian startups are ready to move from defence to offence in 2022

With over $1.6 billion invested in Toronto area startups and nearly $1 billion invested in Vancouver startups in Q3 2021 alone, it’s clear that... Read more ›

5

BetaKit
Josh Scott @ BetaKit · 12/07/2021 13:20 EDT

AlayaCare bolsters C-Suite, board to support next phase of growth

Montréal-based healthtech startup AlayaCare has made a series of new additions to its leadership team, adding some seasoned executives to its C-Suite and board... Read more ›

8

BetaKit
Vanessa Balintec @ BetaKit · 12/07/2021 12:44 EDT

Four startups from initial Entrepreneur First Toronto cohort raise collective $5.7 million CAD

As part of Entrepreneur First Toronto’s initial cohort in the city, startups TriplePlay (formerly Lobby), Vivid Machines, getware.ai, and OutPoint have raised a collective... Read more ›

3

BetaKit
Josh Scott @ BetaKit 2 place · 12/07/2021 05:59 EDT

Ritual alumni launch GoodGood with $6.5 million to scale commerce for local food and drink makers

Ritual’s co-founder Robert Kim and former senior director of partnerships Kris Linney have co-founded a new Toronto-based local commerce startup that aims to help... Read more ›

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