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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Builders VC debuts $250 million USD for second fund

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Charles Mandel @ BetaKit · 01/25/2022 15:33 EDT

Builders anticipates investing in Canadian startups more than ever. Read more ›

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Startupfest plans a “fresh start” for in-person event return in July

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Charlize Alcaraz @ BetaKit · 01/25/2022 14:34 EDT

“We need fresh starts for founders in Montreal and beyond,” the org said. Read more ›

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Certn acquires United Kingdom’s Credence to expand background checks solutions

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Charlize Alcaraz @ BetaKit 3 place · 01/25/2022 11:57 EDT

Certn hired its first CTO in July to scale its technology. Read more ›

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Deloitte Canada launches $150 million CAD venture capital fund

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Charles Mandel @ BetaKit · 01/25/2022 11:38 EDT

Deloitte Venture will make minority investments in emerging tech companies. Read more ›

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VentureLab receives $1.5 million from municipal government to expand hardware, semiconductor incubator

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Meagan Simpson @ BetaKit · 01/25/2022 09:05 EDT

VentureLab hopes to attract international semiconductor companies to York Region. Read more ›

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Daylight Automation acquires SaaS startup Proof Data Technology

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Charles Mandel @ BetaKit · 01/25/2022 07:00 EDT

Proof’s co-founders to take on leadership roles at Daylight. Read more ›

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With nearly $4 billion raised, BC tech “stepped into the spotlight” in 2021

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Isabelle Kirkwood @ BetaKit · 01/25/2022 06:02 EDT

Investment in BC startups grew over 300 percent in 2021. Read more ›

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S|W: The SaaS Weekly – 1Password goes Hollywood

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Josh Scott @ BetaKit · 01/25/2022 05:30 EDT

The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the form at the bottom of this page to ensure you don’t miss out on the most important SaaS news every week! 1Password claims $744 million CAD round is largest in Canadian history (BETAKIT) Toronto-based password manager startup 1Password has closed a massive, Hollywood star-studded round of Series C... Read more ›

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OMERS Ventures reinvests in Deliverect as part of $150 million USD Series D round

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Josh Scott @ BetaKit · 01/25/2022 02:59 EDT

The Belgian firm with Canadian roots now has a $1.4 billion valuation. Read more ›

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Ramen Ventures announces angel fund is winding down

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Josh Scott @ BetaKit · 01/24/2022 16:09 EDT

The ex-Shopify leaders plan to “go back to building.” Read more ›

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Wealthsimple launches green ETF on the NEO Exchange

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Charles Mandel @ BetaKit · 01/24/2022 15:27 EDT

The green bonds are helping finance solar projects and wind farms. Read more ›

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Zafin acquires Fincad, adding analytics to its FinTech services

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Charles Mandel @ BetaKit · 01/24/2022 12:05 EDT

Zafin also announced launch of a new banking group. Read more ›

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Three Canadian regions ranked among the best global cleantech ecosystems by Startup Genome

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Josh Scott @ BetaKit · 01/24/2022 09:56 EDT

Toronto-Waterloo ranked best cleantech ecosystem in Canada. Read more ›

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Toronto shattered venture funding records in 2021 as city grew accustomed to billion-dollar quarters

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Isabelle Kirkwood @ BetaKit · 01/24/2022 06:02 EDT

Investment in Toronto tech grew 400 percent in 2021. Read more ›

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A win for HomeTeamLive: streaming sports company lands $450,000 pre-seed funding

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Charles Mandel @ BetaKit · 01/24/2022 06:01 EDT

HomeTeamLive’s AI-powered cameras live stream amateur sports events to subscribers. Read more ›

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Clio alum launches legaltech startup Lawbrokr to match consumers with lawyers

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Josh Scott @ BetaKit · 01/24/2022 06:00 EDT

Pre-seed funding in hand, Lawbrokr has launched in Toronto. Read more ›

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AI drug discovery startup BenchSci scores $63 million Series C round led by Inovia, TCV

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Meagan Simpson @ BetaKit 3 place · 01/24/2022 05:59 EDT

BenchSci says its tech is used by 16 of the top 20 pharmaceutical companies. Read more ›

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Canadian startup news of the week (1/23/22)

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Josh Scott @ BetaKit · 01/24/2022 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 1Password claims $744 million CAD round is largest in Canadian history Toronto-based password manager startup... Read more ›

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F|T: The FinTech Times – Andreessen Horowitz wants *how much* to invest in crypto?

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Josh Scott @ BetaKit · 01/24/2022 05:30 EDT

Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before anyone else, make sure to subscribe using the form at the bottom of this page. Shakepay secures $44 million Series A led by QED Investors to roll out more Bitcoin products (BETAKIT) To date, the startup has grown to serve over 900,000 Canadian users with only... Read more ›

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Tech sees progress in promoting women to executive roles, but still lags behind other sectors

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Charles Mandel @ BetaKit 1 place · 01/21/2022 15:53 EDT

Review places the tech sector at the bottom for female C-suite executives. Read more ›

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