News from BetaKit

Ideon, Calabrio headline $53 million AI project investment from DIGITAL Innovation Cluster

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Alex Riehl @ BetaKit · 09/09/2024 14:56 EDT

DIGITAL said its investment joins an additional $106 million of industry partner backing. Read more ›

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Luge Capital navigates emerging manager minefield, closes second early-stage FinTech fund at $96 million CAD

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Josh Scott @ BetaKit · 09/09/2024 08:00 EDT

FinTech VC adds finance leader from Georgian with plans to hire an investor in Calgary. Read more ›

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Academics, nonprofits caught in middle of data consent fight as AI companies push for access to copyrighted works

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Kelsey Rolfe @ BetaKit · 09/09/2024 07:00 EDT

The open web is closing as copyright holders seek to bar AI companies like OpenAI and Cohere from using their work without license. Read more ›

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The Canadian universities that ship the most founders

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Bianca Bharti @ BetaKit · 09/09/2024 05:00 EDT

Plus: How dependent is Québec tech on public funding? Read more ›

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Harley Finkelstein wants Canadian entrepreneurs to ignore the “bullshit”

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Douglas Soltys @ BetaKit 1 place · 09/08/2024 18:55 EDT

Shopify president cautions against doom-and-gloom narratives and founder mental traps. Read more ›

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Shopify to become Roblox’s first platform commerce partner

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Alex Riehl @ BetaKit 1 place · 09/06/2024 13:30 EDT

Move is expected to open up a massive audience of 80 million potential young customers to brands. Read more ›

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“The impact can be devastating”: ASC launches $130,000 tech challenge in bid to combat crypto scams

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Isabelle Kirkwood @ BetaKit 2 place · 09/06/2024 07:00 EDT

Alberta Securities Commission estimates $309 million of investment fraud reported last year was tied to crypto. Read more ›

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“It’s just straight math”: Assent CEO Andrew Waitman sets bar higher after hitting centaur status

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Alex Riehl @ BetaKit 3 place · 09/06/2024 06:00 EDT

Waitman pushing Ottawa compliance software company to reach $200 million ARR within four years. Read more ›

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Fed issues $5.2-million investment to boost southern Ontario cleantech

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Isabelle Kirkwood @ BetaKit 1 place · 09/05/2024 11:40 EDT

New fund to offer business support and seed funding. Read more ›

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Northside Ventures closes first early-stage VC fund at $15 million CAD

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Josh Scott @ BetaKit · 09/05/2024 08:30 EDT

This emerging manager just met his target amid one of the worst fundraising environments in a decade. Read more ›

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Canadian healthtech company Deep Breathe bags top prize at US Army’s xTechInternational 2024

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Alex Riehl @ BetaKit 3 place · 09/05/2024 06:00 EDT

Portable ultrasound diagnostics startup takes home $95,000 after winning pitch competition in Spain. Read more ›

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Bitfarms and Riot continue public squabble leading up to October shareholder meeting

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Alex Riehl @ BetaKit · 09/04/2024 17:30 EDT

Riot encouraged shareholders to “seriously question” timing of recent Stronghold acquisition. Read more ›

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Canadian Ilya Sutskever’s Safe Superintelligence closes $1 billion USD in funding

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Isabelle Kirkwood @ BetaKit 1 place · 09/04/2024 17:01 EDT

Startup co-founded just three months ago is reportedly valued at $5 billion USD. Read more ›

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Round13, Nvidia-backed Wombo announces $12.2-million CAD to launch more generative AI apps

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Josh Scott @ BetaKit · 09/04/2024 11:00 EDT

After surviving collapsed fundraise, Wombo contends with copyright concerns and class-action as it fuels up for growth. Read more ›

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The most important work in tech is happening on-chain

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Siri Agrell @ BetaKit · 09/04/2024 10:00 EDT

BetaKit Talks: You Don’t Know Crypto will take place on Sept. 24, presented by WonderFi. Read more ›

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Executive director Michael Buhr wants C100 to help Canadian tech startups scale

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Josh Scott @ BetaKit 1 place · 09/04/2024 06:00 EDT

C100 announces 38 Canadian tech firms in new growth and latest early-stage cohorts. Read more ›

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Six Canadian universities among PitchBook’s 2024 top 100 schools for founders

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Bianca Bharti @ BetaKit · 09/03/2024 18:04 EDT

University of Waterloo tops list of Canadian post-secondary institutions that produce future founders. Read more ›

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Recon Instruments’ co-founder wants to advance autonomous driving systems with latest venture Matt3r

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Isabelle Kirkwood @ BetaKit 3 place · 09/03/2024 07:00 EDT

Hamid Abdollahi believes his startup has found the “k3y” to develop safer autonomous vehicles. Read more ›

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Report: Québec venture ecosystem still “highly dependent” on public and para-public funding

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Isabelle Kirkwood @ BetaKit 3 place · 09/03/2024 06:01 EDT

Réseau Capital analysis reveals that only a handful of managers can successfully attract private funding. Read more ›

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Can Canadian FinTech woo the customers that banks have left behind?

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Bianca Bharti @ BetaKit · 09/03/2024 05:00 EDT

Plus: Shopify has a new CTO, Benevity has a new CEO, and Sagard poached from Georgian. Read more ›

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