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Josh Scott @ BetaKit 2 place · 11/01/2021 05:30 EDT

Canadian startup news of the week (10/31/21)

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... Read more ›

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BetaKit
Douglas Soltys @ BetaKit · 10/31/2021 14:36 EDT

How Wheelhouse plans to take on tech’s fitness giants

Why does a bootstrapped business decide to become venture-backed? Today we talk to Kyle Gibson, CEO and co-founder of Wheelhouse, which found itself in... Read more ›

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BetaKit
Charlize Alcaraz @ BetaKit 1 place · 10/29/2021 17:34 EDT

Breather co-founder secures $12.4 million CAD for new coaching software startup

Coaching business software startup Practice, which was launched by Breather co-founder Julien Smith, has raised $12.4 million CAD ($10 million USD) in seed financing... Read more ›

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BetaKit
Meagan Simpson @ BetaKit 3 place · 10/29/2021 16:13 EDT

BrainBox AI announces $24 million to fuel energy-saving tech for commercial buildings

Montréal-based BrainBox AI revealed this week it has raised $24 million CAD in Series A capital. The funding was led by ABB, a multinational... Read more ›

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BetaKit
Charlize Alcaraz @ BetaKit 2 place · 10/29/2021 16:08 EDT

Alberta government, Platform Calgary launching province-wide hackathon

Platform Calgary has partnered with the Government of Alberta, and members of the Alberta Innovation Network, to host a hackathon, HackIT.AB, as the finale... Read more ›

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BetaKit
Charles Mandel @ BetaKit · 10/29/2021 15:32 EDT

Mogo planting trees to offset carbon emissions from Bitcoin mining

In the midst of the controversy over the climate change impact Bitcoin mining causes, the FinTech startup Mogo Inc. has launched what it calls... Read more ›

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BetaKit
Charlize Alcaraz @ BetaKit · 10/29/2021 13:28 EDT

Optina raises $24 million to bolster AI-powered early Alzheimer detection device

Montréal-based healthtech startup Optina Diagnostics has raised $24 million CAD in its Series A funding round. The financing was led by DigitalDx Ventures, a... Read more ›

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BetaKit
Isabelle Kirkwood @ BetaKit 3 place · 10/29/2021 12:32 EDT

Hopper’s Series G kept Montréal funding strong in Q3

Montréal’s tech ecosystem continued to see strong venture funding in the third quarter of 2021, raising a total of $408.7 million, according to the... Read more ›

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BetaKit
Charles Mandel @ BetaKit 2 place · 10/29/2021 12:08 EDT

Sonder lowers valuation expectations for SPAC deal amid market conditions

As part of its reverse takeover deal, travel tech company Sonder has changed its valuation from its original estimate of $2.2 billion to $1.9... Read more ›

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BetaKit
Josh Scott @ BetaKit · 10/29/2021 11:43 EDT

Microsoft acquires BC-based Two Hat to moderate Xbox content

Microsoft has acquired Kelowna-based startup Two Hat to bolster its online safety moderation efforts. The startup’s software has helped keep harmful content off of... Read more ›

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BetaKit
Meagan Simpson @ BetaKit · 10/29/2021 07:00 EDT

CoinSmart the latest Canadian crypto trading platform to receive exemption from regulators

Toronto-based cryptocurrency exchange CoinSmart has been exempted by regulators to operate as a restricted dealer under securities laws. Through its wholly-owned operating subsidiary, Simply... Read more ›

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BetaKit
Josh Scott @ BetaKit · 10/29/2021 05:30 EDT

H|T: The Healthtech Times – 23andTelemedicine

The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe. Subscribe to H|T using the form at the... Read more ›

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BetaKit
Douglas Soltys @ BetaKit · 10/28/2021 15:49 EDT

BetaKit Live: The State of Canadian Startups on November 3rd

Canadian businesses are managing a lot right now, from an accelerated digital transformation to an employee shift to remote and hybrid work. The recent... Read more ›

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BetaKit
Charles Mandel @ BetaKit · 10/28/2021 15:47 EDT

Lumira Ventures latest Canadian VC to jump on SPAC trend in pursuit of US medtech firms

A newly formed special purpose acquisition company (SPACs) with executives from and backed by Canada’s Lumira Ventures set the target for its previously announced... Read more ›

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BetaKit
Charlize Alcaraz @ BetaKit · 10/28/2021 15:42 EDT

Lightspeed continues e-commerce push with product developed through Ecwid acquisition

Lightspeed has launched a newly updated e-commerce product built on the integration of its acquisition of Ecwid. Founded in 2005 by Dax Dasilva, Lightspeed... Read more ›

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BetaKit
Isabelle Kirkwood @ BetaKit · 10/28/2021 14:39 EDT

After booming Q2, Waterloo Region deal volume hit two-year low in Q3 2021

With only five deals closed, venture funding activity in the Waterloo Region fell to a two-year low in the third quarter of 2021, according... Read more ›

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BetaKit
Josh Scott @ BetaKit · 10/28/2021 13:42 EDT

D2L cuts size, pricing of TSX IPO

Kitchener-Waterloo-based e-learning software company D2L has reduced the size and pricing of its planned initial public offering (IPO) on the Toronto Stock Exchange (TSX).... Read more ›

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BetaKit
Josh Scott @ BetaKit · 10/28/2021 12:13 EDT

Former CTO the latest Coinsquare exec to sue the crypto startup

Simon Palmer, who previously served as Coinsquare’s chief technology officer (CTO), has filed a lawsuit against the Toronto-based FinTech firm. As first reported by... Read more ›

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BetaKit
Charles Mandel @ BetaKit · 10/28/2021 08:43 EDT

Revenues increase, but Shopify posts a loss in Q3, 2021

Shopify posted total revenue of $1,123.7 million, up 46 percent year over year as it announced its third-quarter results for 2021. The Canadian company... Read more ›

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BetaKit
Charlize Alcaraz @ BetaKit · 10/28/2021 06:01 EDT

Crewdle raises $2.15 million to make video conferencing environmentally friendly

Video communication tech startup Crewdle has raised $2.15 million in a funding round that saw the participation of Anges Québec’s investor members, two independent... Read more ›

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