News from BetaKit

One chart that will make you feel good about Canadian tech

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Douglas Soltys @ BetaKit 1 place · 11/18/2024 05:00 EDT

Plus: Neo’s backers, Wealthsimple’s value, and Shopify’s concerns. Read more ›

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“We are still waiting”: FinTech leaders urge Liberals to enact much-delayed open banking rules

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Isabelle Kirkwood @ BetaKit 2 place · 11/16/2023 10:01 EDT

Open letter comes on the heels of Conservative bill pressuring federal action on open banking. Read more ›

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Hoping to be the go-to platform for blockchain devs, Uniblock secures $3.1 million CAD

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Isabelle Kirkwood @ BetaKit 3 place · 11/16/2023 05:58 EDT

Uniblock aims to unify fragmented blockchain tools into a single platform. Read more ›

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R|T: The Retail Times – WeWork cuts Canadian locations, Shein IPO targets $90B valuation

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Alex Riehl @ BetaKit · 11/16/2023 05:00 EDT

Plus: Inside Indigo's plan to return to profitability. Read more ›

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FreshBooks president and CEO depart as company lays off six percent of employees

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Josh Scott @ BetaKit · 11/15/2023 19:02 EDT

FinTech firm promotes two interim co-CEOs, embarks on search for next leader. Read more ›

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Pathway raises $5 million in seed funding, opens free access to healthcare guidance platform

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Alex Riehl @ BetaKit · 11/15/2023 15:16 EDT

The healthtech startup also unveiled its “most advanced” AI assistant to date. Read more ›

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Float launches new high-yield product geared toward Canadian SMBs

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Alex Riehl @ BetaKit · 11/15/2023 12:07 EDT

As other FinTech firms pull back from SMBs, Float aims to help them navigate inflation challenges. Read more ›

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WonderFi-owned Bitbuy acquires customers of fellow regulated Canadian crypto exchange Bitvo

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Josh Scott @ BetaKit · 11/15/2023 08:09 EDT

The move comes a year after the collapse of Bitvo’s deal with would-be acquirer FTX. Read more ›

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Q3 2023 marked a three-year low for venture deal volume in Canada

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Isabelle Kirkwood @ BetaKit · 11/15/2023 06:02 EDT

Venture capital investment fell by 60 percent quarter-over-quarter, while seed-stage investment remained “robust.” Read more ›

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TechBrew rebrands to 4AG Robotics, closes $17.5-million Series A to build mushroom-picking robots

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Josh Scott @ BetaKit · 11/15/2023 06:00 EDT

Backed by BDC, InBC, and Emmertech, 4AG is gearing up to get its tech to farms. Read more ›

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A|I: The AI Times – OpenAI’s GPT Store is coming

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Alex Riehl @ BetaKit · 11/15/2023 05:00 EDT

Plus: HardTech Summit explores deep tech barriers, IBM debuts $500 million enterprise AI venture fund. Read more ›

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Ambyint is repatriating its headquarters to Calgary after three years in Houston

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Alex Riehl @ BetaKit · 11/14/2023 15:54 EDT

Ambyint CEO says Alberta’s “strong tech ecosystem” fueled the move back to Canada. Read more ›

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S|W: The SaaS Weekly – Slack has a new CEO, again

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Alex Riehl @ BetaKit · 11/14/2023 09:32 EDT

Plus: Google and Microsoft are fighting, again. Read more ›

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BDC’s Thrive Lab announces 25 co-investment partners

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Alex Riehl @ BetaKit 1 place · 11/14/2023 06:00 EDT

$35 million envelope will target women-led businesses aligned with United Nations Sustainable Development Goals. Read more ›

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TSX-listed Q4 Inc. to go private with $257-million buyout by Sumeru Equity Partners

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Alex Riehl @ BetaKit · 11/13/2023 16:40 EDT

Q4 Inc. to join growing list of recent Canadian tech IPOs to change course. Read more ›

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New foodtech association looks to promote more sustainable seafood alternatives

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Isabelle Kirkwood @ BetaKit 1 place · 11/13/2023 06:02 EDT

Future Ocean Foods has 35 inaugural member companies, eight of which are Canadian. Read more ›

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F|T: The FinTech Times – FinTech startups dominate Fast 50, former NYSE president in talks to reboot FTX

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Alex Riehl @ BetaKit 1 place · 11/13/2023 05:30 EDT

Plus: Tax Court disqualifies government loan spending from SR&ED. Read more ›

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SR&ED stress might be around the corner for startups come tax time

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Alex Riehl @ BetaKit 3 place · 11/13/2023 05:00 EDT

Plus: Alberta's battle over who is an 'engineer' hits the legislature. Read more ›

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Buffer’s Chief Product Officer on how it connects a fractured internet

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Douglas Soltys @ BetaKit · 11/12/2023 18:57 EDT

The post-social media era requires a headless ecommerce equivalent for content. The post Buffer’s Chief Product Officer on how it connects a fractured internet first appeared on BetaKit. Read more ›

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Trio of Canadian tech companies show progress towards profitability in earnings this week

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Josh Scott @ BetaKit 1 place · 11/10/2023 18:05 EDT

Thinkific hits positive EBITDA as Coveo and Mogo shrink losses. Read more ›

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Tokens.com slashes headcount by 40 percent in push to cut costs

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Isabelle Kirkwood @ BetaKit 1 place · 11/10/2023 15:07 EDT

Web3 firm is also exploring a potential sale of business segments. Read more ›

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