News from BetaKit

Lightspeed exceeds fiscal Q3 revenue, profitability targets but company’s shares still slide

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Josh Scott @ BetaKit 3 place · 02/08/2024 17:17 EDT

Growth will be Lightspeed’s “top priority” in the coming year, says CEO. Read more ›

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Northleaf Capital Partners completes final close of $285-million CAD growth equity fund

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Alex Riehl @ BetaKit · 02/08/2024 14:53 EDT

The technology and healthcare-focused fund surpassed its $269-million CAD target. Read more ›

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Ted Livingston’s new micropayments startup Code closes $6.5 million in seed financing

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Isabelle Kirkwood @ BetaKit · 02/08/2024 13:55 EDT

Kik founder’s new venture wants to help creators monetize their work for as little as five cents. Read more ›

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Google rebrands Bard to Gemini as chatbot finally launches in Canada

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Isabelle Kirkwood @ BetaKit 2 place · 02/08/2024 08:01 EDT

Canada was conspicuously left off Google’s international expansion list last year. Read more ›

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Nord Quantique claims industry first quantum error correction at qubit level

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Josh Scott @ BetaKit 3 place · 02/08/2024 06:00 EDT

Québec startup aims to develop more scalable hardware for quantum computing. Read more ›

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R|T: The Retail Times – Amazon wants Rufus to shop with you

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Alex Riehl @ BetaKit · 02/08/2024 05:00 EDT

Plus: Shopify unveils term loans, lines of credit for merchants. Read more ›

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OpenHouse.ai raises $1.5 million for house-planning and marketing tool

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Alex Riehl @ BetaKit · 02/07/2024 15:46 EDT

The platform provides insights to builders about desired features and floor plans in certain communities. Read more ›

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With doubling revenue and Scotiabank partnership, Solfium is bringing solar power to Latin America

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Isabelle Kirkwood @ BetaKit 2 place · 02/07/2024 06:00 EDT

Startup wants to decarbonize supply chains with the power of the sun. Read more ›

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A|I: The AI Times – AI is expensive. Cue the M&A.

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Alex Riehl @ BetaKit 2 place · 02/07/2024 05:00 EDT

Plus: Canada and UK sign memo on AI compute power. Read more ›

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As stablecoin compliance deadline looms, Canada’s crypto industry calls for consultation

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Josh Scott @ BetaKit 3 place · 02/06/2024 15:54 EDT

Coinbase, Kraken, Wealthsimple, WonderFi among those urging CSA to reconsider crackdown on fiat-backed stablecoins. Read more ›

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Maple VC backs Canadian-founded Dexa’s $6-million seed round

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Isabelle Kirkwood @ BetaKit · 02/06/2024 15:45 EDT

Dexa offers an AI-powered search tool for podcast listeners. Read more ›

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Blockchain startup Hivello raises $3.3 million CAD in pre-seed funding

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Isabelle Kirkwood @ BetaKit · 02/06/2024 13:05 EDT

Hivello wants to democratize access to Web3 projects. Read more ›

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Deal volume in Canada’s FinTech sector fell by 50 percent in 2023

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Isabelle Kirkwood @ BetaKit 1 place · 02/06/2024 07:00 EDT

2024 will be “pivotal” as FinTech startups approach the end of their runway. Read more ›

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S|W: The SaaS Weekly – Toronto trio of tech firms shed jobs a second time

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Alex Riehl @ BetaKit · 02/06/2024 05:00 EDT

Plus: Antitrust regulations dampen deals and Meta’s paying dividends. Read more ›

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Wealthsimple surpasses combined $200 million for venture, private credit, equity funds

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Alex Riehl @ BetaKit · 02/05/2024 17:39 EDT

The FinTech firm’s trio of alternative investment funds have seen demand from retail investors. Read more ›

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Q4 Inc. delists from TSX as Sumeru Equity Partners buyout closes

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Alex Riehl @ BetaKit · 02/05/2024 15:42 EDT

Just over two years after TSX IPO, Q4 Inc. becomes the latest Canadian tech company to go private. Read more ›

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How to make data-driven decisions in your startup

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Stefan Palios @ BetaKit 2 place · 02/05/2024 06:02 EDT

A bad dashboard can be a distraction. The right dashboard can be a business driver. Read more ›

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F|T: The FinTech Times – Block and PayPal cull staffers in latest tech layoffs

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Alex Riehl @ BetaKit 3 place · 02/05/2024 05:30 EDT

Plus: Koho wants a licence to compete. Read more ›

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Koho wants to be the new bank on Bay Street

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Bianca Bharti @ BetaKit · 02/05/2024 05:00 EDT

Plus: C100 CEO is out after less than two years in role. Read more ›

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Untether AI’s new CEO is here for global scale

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Douglas Soltys @ BetaKit · 02/04/2024 18:27 EDT

Chris Walker left retirement to lead Untether AI’s “scaling moment.” Read more ›

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