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BetaKit
Josh Scott @ BetaKit · 07/28/2021 13:30 EDT

MindBeacon sees revenue increase in Q2 as it ramps up for international expansion

During Q2 2021, Toronto-based healthtech company MindBeacon increased its revenue by 154 percent year-over-year, generating $5.6 million CAD, compared to $2.2 million during the... Read more

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BetaKit
Douglas Soltys @ BetaKit · 07/28/2021 10:23 EDT

BetaKit Live: Solving Big Problems on July 29th

As has been discussed during past BetaKit Lives, the Canadian tech ecosystem is exploding, showcasing both big funding rounds and exits. This boom time... Read more

82

BetaKit
Douglas Soltys @ BetaKit 3 place · 07/28/2021 07:54 EDT

Shopify surpasses $1 billion quarterly revenue milestone in Q1 2021 results

Canadian ecommerce giant Shopify announced its first-ever $1 billion revenue quarter today driven primarily by soaring gross merchandise volume (GMV). As part of its... Read more

38

BetaKit
Meagan Simpson @ BetaKit 1 place · 07/28/2021 06:59 EDT

Deep Genomics secures $226 million CAD led by SoftBank as it scales AI drug discovery platform

Deep Genomics has secured $226 million CAD ($180 million USD) as the startup has increased the number of drug candidates it has discovered using... Read more

199

BetaKit
Josh Scott @ BetaKit · 07/28/2021 05:30 EDT

A|I: The AI Times – (Deep)Mindful of every protein

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

15

BetaKit
Josh Scott @ BetaKit 3 place · 07/27/2021 16:28 EDT

Digital Technology Supercluster announces $20 million digital wellness project

Canada’s Digital Technology Supercluster has announced a $20 million project to develop a new digital wellness platform called Wellbeing.ai. The platform is being developed... Read more

141

BetaKit
Meagan Simpson @ BetaKit · 07/27/2021 08:22 EDT

1Password claims $2.5 billion CAD valuation in new round as investors rave about “generational security software business” opportunity

1Password has raised $125 million CAD ($100 million USD) in its latest round of financing, as the password manager startup looks to further scale... Read more

417

BetaKit
Isabelle Kirkwood @ BetaKit · 07/27/2021 06:02 EDT

Following rebrand, Notch raises $12.5 million CAD to bring restaurant supply chain software to new markets

Toronto-based startup Notch has secured $12.5 million CAD ($10 million USD) in funding, as the startup looks to expand its recently revamped restaurant supply... Read more

56

BetaKit
Josh Scott @ BetaKit 3 place · 07/27/2021 05:59 EDT

Wealthsimple adds Inovia partner, former Google exec Patrick Pichette to board of directors

Inovia partner, and former Google executive, Patrick Pichette has joined Wealthsimple’s board of directors. Pichette currently serves as the chair of Twitter and Lightspeed’s... Read more

384

BetaKit
Josh Scott @ BetaKit · 07/27/2021 05:30 EDT

S|W: The SaaS Weekly – Proptech done Properly

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... Read more

0

BetaKit
Josh Scott @ BetaKit · 07/26/2021 11:54 EDT

Lumira Ventures closes $276 million CAD for fourth fund

Toronto-based Lumira Ventures has raised $276 million CAD ($220 million USD) for Fund IV, which Lumira claims is “the largest institutional life sciences venture... Read more

2

BetaKit
Josh Scott @ BetaKit · 07/26/2021 09:45 EDT

Firmex acquired by US-based Datasite in Vertu Capital’s first exit

Toronto-based virtual data room (VDR) company Firmex has been acquired by fellow VDR provider Datasite. The financial details of the deal were not disclosed.... Read more

65

BetaKit
Isabelle Kirkwood @ BetaKit 3 place · 07/26/2021 06:02 EDT

Ready to launch: how StarSpec is building the bits to get us to space faster

Last year, for the first time in human history, humans were sent into space in a vehicle not built or owned by a government.... Read more

2

BetaKit
Rebecca O'Keeffe @ BetaKit · 07/26/2021 05:45 EDT

Three tech companies on hiring sprees across Canada

Due to Covid-19, companies globally were forced to freeze hiring, furlough employees, and altogether hit pause on their growth strategies. With things slowly returning... Read more

2

BetaKit
Josh Scott @ BetaKit · 07/26/2021 05:30 EDT

Canadian startup news of the week (7/25/21)

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

2

BetaKit
Josh Scott @ BetaKit · 07/26/2021 05:30 EDT

F|T: The FinTech Times – The FinTech SPAC on the Nasdaq

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... Read more

0

BetaKit
Douglas Soltys @ BetaKit 1 place · 07/24/2021 16:30 EDT

Boast.AI’s Lloyed Lobo shares the true cost of entrepreneurship

I couldn’t get Lloyed Lobo to sit still. The co-founder of Boast.AI and Traction Conference wouldn’t stay in front of his mic for this... Read more

0

BetaKit
Josh Scott @ BetaKit 1 place · 07/23/2021 11:50 EDT

Toronto-based Mommy Monitor selected for Google’s Black Founders accelerator

Google has announced the 11 early-stage tech startups set to join the company’s second Google for Startups Accelerator for Black Founders cohort. The cohort... Read more

0

BetaKit
Josh Scott @ BetaKit 2 place · 07/23/2021 08:50 EDT

Paystone secures $30 million from Crédit Mutuel Equity as part of plan to expand beyond North America

Payments and customer engagement software startup Paystone has secured a $30 million CAD strategic investment from France’s Crédit Mutuel Equity (CME) to pursue its... Read more

0

BetaKit
Meagan Simpson @ BetaKit 3 place · 07/23/2021 06:01 EDT

FrontFundr secures funding through FrontFundr, a crowdfunding platform

FrontFundr has secured $1.78 million CAD, through its own equity crowdfunding platform, as it looks to scale and bring more awareness to the crowdfunding... Read more

0

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