News from BetaKit

Micruity aims to “pensionize” 401(k) plans as it lands $6.5 million CAD seed round

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Meagan Simpson @ BetaKit · 02/10/2022 06:01 EDT

Franklin Templeton and Allianz Life both made strategic investments in Micruity. Read more ›

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Cubbi secures $1.35 million CAD to expand its food delivery and storage platform

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Charles Mandel @ BetaKit 1 place · 02/10/2022 05:59 EDT

The food delivery startup comes from same city as SkipTheDishes. Read more ›

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R|T: The Retail Times – Lightspeed’s Age of Dax is over

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Josh Scott @ BetaKit · 02/10/2022 05:30 EDT

Plus: Amazon confronts pandemic costs and raises the price of Prime. Read more ›

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Axya raises $3.9 million in seed extension to scale deployment of supply chain software

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Charlize Alcaraz @ BetaKit · 02/09/2022 14:20 EDT

The initial round closed in March and raised $1.5 million. Read more ›

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SVB reports Canadian tech startups drew record $16 billion in investment in 2021

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Josh Scott @ BetaKit · 02/09/2022 12:44 EDT

Canadian tech almost tripled 2020’s funding numbers. Read more ›

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Newton Crypto now valued at $253 million following $25 million CAD Series B round

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Charlize Alcaraz @ BetaKit · 02/09/2022 12:32 EDT

Tiny Capital, Shopify co-founder Tobias Lütke’s Snowdevil Capital helped fuel the financing. Read more ›

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Raquel Urtasun’s Waabi unveils “revolutionary” autonomous vehicle testing simulator

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Meagan Simpson @ BetaKit · 02/09/2022 05:59 EDT

Waabi claims it’s the “ultimate school for self-driving vehicles.” Read more ›

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A|I: The AI Times – Cruise cruises to deployment

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Josh Scott @ BetaKit · 02/09/2022 05:30 EDT

Plus: DeepMind’s AlphaCode AI writes code at a competitive level Read more ›

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Coveo sees 39 percent year-over-year revenue growth in “record” Q3

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Josh Scott @ BetaKit · 02/08/2022 16:57 EDT

This is the first earnings report since Coveo went public on the TSX. Read more ›

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Nord Quantique closes $9.5 million seed round co-led by BDC Capital’s Deep Tech fund

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Charlize Alcaraz @ BetaKit · 02/08/2022 16:42 EDT

Nord develops hardware for fault-tolerant quantum computing. Read more ›

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Elastic Path secures $60 million to scale “composable commerce movement”

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Charlize Alcaraz @ BetaKit · 02/08/2022 13:58 EDT

The round brings Elastic Path’s total funding to $120 million. Read more ›

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EDC makes COVID-19 investment matching program permanent, expands eligibility

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Josh Scott @ BetaKit 2 place · 02/08/2022 11:37 EDT

Since 2020, the program has invested a total of $223 million in 84 Canadian companies. Read more ›

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Canadian biotech leader Clarissa Desjardins secures $63 million CAD for Congruence Therapeutics

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Meagan Simpson @ BetaKit 2 place · 02/08/2022 07:59 EDT

PerkinElmer and Ipsen purchased two of Desjardins' previous companies. Read more ›

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D-Wave hopes to raise $431 million CAD as it prepares to go public via SPAC

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Charles Mandel @ BetaKit · 02/08/2022 07:30 EDT

Quantum computing startup aiming for a $1.5 billion valuation. Read more ›

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With Portage backing, New York-based LoanStreet eyes Canadian market

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Douglas Soltys @ BetaKit · 02/08/2022 06:00 EDT

Portage Ventures' Adam Felesky believes "Canada could be an interesting market for LoanStreet." Read more ›

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S|W: The SaaS Weekly – Does Citrix + Tibco = SaaS powerhouse?

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Josh Scott @ BetaKit · 02/08/2022 05:30 EDT

Plus: 6 reasons Meta is in trouble Read more ›

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Dozr raises $27.5 million in Series B funding to support US expansion plans

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Josh Scott @ BetaKit · 02/08/2022 04:00 EDT

The heavy equipment rental startup aims to replicate its Florida playbook in other markets. Read more ›

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Trulioo acquires HelloFlow, adding customer onboarding to platform

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Charles Mandel @ BetaKit · 02/08/2022 03:00 EDT

Acquisition gives Trulioo offices in Denmark and Romania. Read more ›

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iGan Partners, Faisal Belhoul launch Arabia medtech fund with $250 million USD target

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Josh Scott @ BetaKit · 02/07/2022 12:36 EDT

The fund has invested in Okadoc, Exact Imaging, eSight, and MolecuLight. Read more ›

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Forma.ai quadruples annual revenue, sets out to disrupt sales compensation

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Isabelle Kirkwood @ BetaKit 2 place · 02/07/2022 06:01 EDT

“Sales compensation is due for a change,” says CEO. Read more ›

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