News from BetaKit

Neo Financial takes aim at Canadian banks with $360-million Series D

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Josh Scott @ BetaKit 1 place · 11/11/2024 17:00 EDT

Shopify, Slack, PointClickCare, Roblox founders back FinTech scaleup’s fast growth. Read more ›

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Plooto appoints John McLane as new CEO

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Josh Scott @ BetaKit · 10/24/2024 16:08 EDT

Toronto FinTech scaleup has reshaped its team with recent hires and restructured workforce. Read more ›

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Jane App, Daanaa headline 2024 BC Tech Impact Awards winners

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Alex Riehl @ BetaKit · 10/24/2024 14:55 EDT

Awards recognize companies and individuals who have made a significant impact on BC’s tech industry. Read more ›

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Spark Real Estate acquires Juniper Homeowner Care to expand home developer CRM offering

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Alex Riehl @ BetaKit · 10/24/2024 11:48 EDT

Spark president: “When enough people tell you to combine the two companies, it’s time to start listening.” Read more ›

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Jane App co-founder reveals company’s centaur status at BetaKit Town Hall: Vancouver

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Alex Riehl @ BetaKit · 10/23/2024 21:32 EDT

Jane App sported a 378 percent three-year revenue growth rate on last year’s Technology Fast 50. Read more ›

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“Intensely patriotic” Jack Newton shares practical approach to scaling Clio at BetaKit Town Hall: Vancouver

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Isabelle Kirkwood @ BetaKit · 10/23/2024 18:53 EDT

Clio’s CEO and founder reminds Canadian tech entrepreneurs there’s more than one way to build. Read more ›

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Kraken Robotics raises $51.75 million CAD through bought deal public offering

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Alex Riehl @ BetaKit · 10/23/2024 06:00 EDT

Toronto-based investment bank Cormark Securities served as lead underwriter of the offering. Read more ›

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Brightspark closes latest early-stage VC fund at $100 million, appoints new BC partner

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Josh Scott @ BetaKit 3 place · 10/23/2024 06:00 EDT

“We think we can find the best deals in Canada, so we’re going to keep on doing that.” Read more ›

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Thomson Reuters acquires American portfolio company Materia AI

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Alex Riehl @ BetaKit 3 place · 10/22/2024 16:03 EDT

Materia emerged from stealth earlier this year with Thomson Reuters’ backing. Read more ›

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Phaseshift Technologies raises $4.1 million CAD to fuse material discovery with AI

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Isabelle Kirkwood @ BetaKit · 10/22/2024 15:52 EDT

Startup to commercialize advanced engineering materials for aerospace, automotive, and energy sectors. Read more ›

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Top Down Ventures completes $10-million USD first close of new venture fund for managed service providers

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Isabelle Kirkwood @ BetaKit · 10/22/2024 14:32 EDT

Leaders from ScalePad, Fully Managed aim to raise a total of $25 million USD in 2025. Read more ›

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Québec’s early-stage ecosystem eyes American investment amid fundraising woes

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Madison McLauchlan @ BetaKit · 10/22/2024 13:48 EDT

“Living dead” companies last too long in the Canadian ecosystem, said CDPQ’s Tom Birch. Read more ›

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Free Agent is building a LinkedIn-style career marketplace for athletes

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Isabelle Kirkwood @ BetaKit · 10/22/2024 06:00 EDT

Startup founded by Team Canada’s Kirsten Toth wants to support athletes in their post-sport careers. Read more ›

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Family office software MyFO secures $3.5 million seed round led by Rhino Ventures

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Alex Riehl @ BetaKit 1 place · 10/21/2024 17:10 EDT

Capital will be used to scale operations, improve product offerings, and expand its team. Read more ›

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PacifiCan and PrairiesCan commit $17.7 million to companies in Western Canada

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Alex Riehl @ BetaKit · 10/21/2024 16:24 EDT

BC and Alberta companies to receive funding include WaitWell, Avanti, and Ideon Technologies. Read more ›

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Champagne and Conservatives point fingers as Canadian cleantech startups suffer continued SDTC funding delays

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Josh Scott @ BetaKit · 10/21/2024 14:17 EDT

Startups face layoffs and cancelled contracts to cover SDTC financing shortfalls. Read more ›

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Georgian Partners isn’t the only one

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Douglas Soltys @ BetaKit · 10/21/2024 05:15 EDT

Plus: Meet the BetaKit Town Hall: Vancouver speakers. Read more ›

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Does Canada have the leverage to regulate Big Tech?

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Douglas Soltys @ BetaKit 1 place · 10/20/2024 18:34 EDT

Google is a monopolist. We spoke with a former Google Canada exec about what should happen next. Read more ›

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The BetaKit Quiz, Oct. 18, 2024

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Isabelle Kirkwood @ BetaKit 1 place · 10/18/2024 18:16 EDT

Industrial espionage, VC shake-ups, and Ru Paul’s Drag Race. Test your knowledge of #CDNtech news. Read more ›

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Inside FreshBooks’ struggle to reach profitability

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Alex Riehl @ BetaKit 2 place · 10/18/2024 15:50 EDT

FreshBooks is on a multi-year rollercoaster ride of executive turnover, staff reductions, and office shutdowns. Read more ›

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New funding for Kepler and Wyvern headline busy month in Canadian space tech

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Alex Riehl @ BetaKit 3 place · 10/18/2024 13:23 EDT

Wyvern and Kepler secure funding, Mission Control inks big partnership, and Volta Space preps for launch. Read more ›

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