News from BetaKit

NowVertical resolves dispute with founder, shareholder Daren Trousdell

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Isabelle Kirkwood @ BetaKit · 03/21/2024 15:45 EDT

Trousdell called for NowVertical’s board to be replaced in January. Read more ›

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Borderless AI launches from stealth with $27 million for HR assistant

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Alex Riehl @ BetaKit 2 place · 03/21/2024 14:05 EDT

AI-powered product can answer legal, finance, or tax queries in 170 languages. Read more ›

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One year later, what filled the hole SVB left in Canadian tech lending?

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Kelsey Rolfe @ BetaKit · 03/21/2024 06:02 EDT

Venture debt lending has slowed but ex-SVB talent has spread across Canada's innovation banking practices. Read more ›

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Rithmik secures $2 million to lower mobile mining equipment emissions

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Alex Riehl @ BetaKit 3 place · 03/21/2024 06:00 EDT

The funding will be used to increase the startup’s global footprint, establish partnerships, and improve its platform. Read more ›

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R|T: The Retail Times – Loblaw is an everything company, and it isn’t done

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Alex Riehl @ BetaKit · 03/21/2024 05:00 EDT

Plus: Plenty of Fish founder Markus Frind catches new CEO gig. Read more ›

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Fusion Pharmaceuticals to be acquired by AstraZeneca for more than $2 billion USD

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Alex Riehl @ BetaKit · 03/20/2024 14:17 EDT

AstraZeneca says the deal marks “a major step forward” in its goal to transform cancer treatment. Read more ›

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Clarius, Fintel Connect among seven Vancouver tech orgs receiving new PacifiCan funding

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Isabelle Kirkwood @ BetaKit · 03/20/2024 14:15 EDT

The regional development agency is doling out nearly $14 million. Read more ›

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Flosonics Medical raises $27-million CAD Series C to scale uptake of wearable ultrasound device

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Isabelle Kirkwood @ BetaKit · 03/20/2024 12:55 EDT

Startup’s FloPatch product measures blood flow for critically ill patients. Read more ›

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Proptech startup Landerz plots a course for growth with $1.5-million CAD seed round

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Isabelle Kirkwood @ BetaKit 1 place · 03/20/2024 09:59 EDT

Over 100 land opportunities are listed on Landerz’s public platform, totalling over $200 million CAD. Read more ›

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With $45-million CAD Series B, PocketHealth gears up to continue North American expansion, AI push

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Josh Scott @ BetaKit 2 place · 03/20/2024 06:00 EDT

Startup adds Round13, Deloitte, Samsung to fuel efforts to help patients understand their medical images. Read more ›

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NGen launches $100-million sustainable manufacturing challenge, calls for project proposals

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Alex Riehl @ BetaKit 3 place · 03/20/2024 06:00 EDT

The Sustainable Manufacturing Challenge is seeking projects that will support Canada’s net-zero goals. Read more ›

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A|I: The AI Times – Apple scoops up Waterloo startup DarwinAI

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Alex Riehl @ BetaKit 3 place · 03/20/2024 05:00 EDT

Plus: Canada may be losing ground in AI research race. Read more ›

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SEC orders Delphia to pay $225,000 USD for “false and misleading” statements about use of AI

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Isabelle Kirkwood @ BetaKit · 03/19/2024 16:25 EDT

Toronto startup one of two companies accused by US securities regulator of “AI washing.” Read more ›

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Top Hat’s Maggie Leen appointed CEO two months after Joe Rohrlich’s quiet departure

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Isabelle Kirkwood @ BetaKit · 03/19/2024 15:00 EDT

EdTech firm has also tapped Larry Indovina for the new role of COO. Read more ›

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Busbud continues Latin American expansion with acquisition of Buson

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Alex Riehl @ BetaKit · 03/19/2024 14:30 EDT

Busbud says it now has over 600 partnerships with bus operators in LATAM Read more ›

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WonderFi to acquire Australian crypto trading licence as “solid foundation” for international expansion

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Josh Scott @ BetaKit 1 place · 03/19/2024 08:05 EDT

After buying up several regulated Canadian crypto exchanges, WonderFi eyes down under for growth. Read more ›

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S|W: The SaaS Weekly – The US could ban TikTok. Will Canada follow?

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Alex Riehl @ BetaKit 2 place · 03/19/2024 05:00 EDT

Plus: MDF commerce agrees to go private, but some shareholders raise a fuss. Read more ›

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Google Canada provides $2.7 million in research grants to major Canadian AI institutes CIFAR, Amii, CEIMIA

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Alex Riehl @ BetaKit · 03/18/2024 16:08 EDT

The funding is aimed at supporting research into sustainability and responsible AI development. Read more ›

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Ocean tech startup Poseidon raises $28-million CAD Series B to make fish farming more eco-friendly

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Isabelle Kirkwood @ BetaKit 2 place · 03/18/2024 15:56 EDT

BC startup offers tech aimed at improving fish welfare, mitigating ecosystem damage. Read more ›

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Sonder faces class action investigation after delaying financial results due to errors in past statements

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Isabelle Kirkwood @ BetaKit · 03/18/2024 15:32 EDT

Company said correcting the errors will increase its net loss for 2022 and 2023. Read more ›

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