News from BetaKit

Fall Economic Statement brings more delays for open banking in Canada

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Madison McLauchlan @ BetaKit · 12/17/2024 18:54 EDT

Feds up FCAC commitment but push open banking rollout to 2026, with several legislative hurdles to overcome. Read more ›

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Four new Canadian tech announcements in the Fall Economic Statement that shouldn’t be overlooked

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Josh Scott @ BetaKit · 12/17/2024 18:11 EDT

Fresh BDC AI funding, capital gains tax tweaks, procurement reform and more money for Black Entrepreneurs might have been missed in yesterday’s chaos. Read more ›

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Realize Capital Partners reveals second round of support for impact-focused funds

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Alex Riehl @ BetaKit · 12/17/2024 15:47 EDT

Backed by Social Finance Fund, Realize’s latest investments include Amplify, Misfit, and Thrive Impact. Read more ›

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Feds struggle to table Fall Economic Statement following Minister Freeland’s shock departure

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Josh Scott @ BetaKit 3 place · 12/16/2024 18:45 EDT

Mini-budget with significant tech commitments comes in a day of chaos on the Hill. Read more ›

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Jolt Capital moves newly acquired French semiconductor carveout to Québec

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Madison McLauchlan @ BetaKit 2 place · 12/16/2024 09:42 EDT

Dolphin Semiconductor establishes Montréal headquarters with $40-million CAD investment. Read more ›

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Fluid Biomed closes $27-million USD Series A to fund expanded human clinical studies

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Josh Scott @ BetaKit 3 place · 12/16/2024 07:00 EDT

University of Calgary neurosurgeons aim to deliver a better brain stent. Read more ›

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Liberals’ Fall Economic Statement contains more promises to Canadian tech

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Douglas Soltys @ BetaKit · 12/16/2024 05:25 EDT

Plus: Geoffrey Hinton receives his Nobel Prize, delivers a warning. Read more ›

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Feds announce VCCI renewal, SR&ED and pension fund changes ahead of Fall Economic Statement

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Madison McLauchlan @ BetaKit 1 place · 12/13/2024 16:38 EDT

Public companies now eligible for SR&ED tax credits, while pension funds get domestic investment incentives sweetener. Read more ›

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Google’s quantum leap, Hinton’s Nobel Prize, and Medicago’s second shot

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Isabelle Kirkwood @ BetaKit 2 place · 12/13/2024 15:38 EDT

Test your knowledge of Canadian tech news with The BetaKit Quiz for Dec. 13, 2024. Read more ›

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Ackroo to be acquired by fellow payments processor Paystone for $21 million

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Alex Riehl @ BetaKit 3 place · 12/13/2024 13:33 EDT

The last time Ackroo stock was valued at the purchase price of $0.15 per share was November 2021. Read more ›

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The Canadian Space Mining Corporation thinks it can put a nuclear reactor on the moon by 2029

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Alex Riehl @ BetaKit 1 place · 12/13/2024 06:00 EDT

Company has signed an MOU to licence SLOWPOKE-2, a Canadian-made reactor that could power future lunar operations. Read more ›

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D-Wave completes $175-million USD stock sale to fuel quantum computing development

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Josh Scott @ BetaKit · 12/12/2024 17:45 EDT

CEO says fundraise “substantially improves” D-Wave’s financial strength. Read more ›

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Flare raises $42.5 million CAD Series B to go global with cyber threat detection tech

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Madison McLauchlan @ BetaKit · 12/12/2024 14:40 EDT

Threat exposure management startup aims to head off credential theft with AI tools. Read more ›

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The law firm that thinks like a venture fund

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Isabelle Kirkwood @ BetaKit · 12/12/2024 07:00 EDT

MT>Ventures wants to rethink how legal services can support Canada’s tech startups. Read more ›

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Absorb to acquire Together in bid to bring mentorship to its learning software

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Josh Scott @ BetaKit · 12/12/2024 06:00 EDT

Calgary firm to absorb Toronto startup to provide more “comprehensive learning solution.” Read more ›

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Privacy Commissioner announces LinkedIn will pause training AI with data of Canadian members

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Alex Riehl @ BetaKit 1 place · 12/11/2024 16:36 EDT

Commissioner said LinkedIn believed its training model was privacy protective, but agreed to engage in discussions. Read more ›

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TikTok challenges feds’ shutdown order, calls national security review process “procedurally unfair”

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Alex Riehl @ BetaKit · 12/11/2024 15:02 EDT

Social media giant describes conflicting instructions during national security review. Read more ›

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Meet the Canadians shaping Uber’s global vision

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Isabelle Kirkwood @ BetaKit · 12/11/2024 07:00 EDT

Canadians are leading global teams at Uber from Toronto, the UK, and the Valley. Read more ›

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Cookin acquired by US-based, fellow chef-made meal delivery startup CookUnity

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Josh Scott @ BetaKit · 12/11/2024 06:00 EDT

CookUnity eyes Canadian expansion starting with Toronto in 2025. Read more ›

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Geoffrey Hinton decries tech companies chasing “short-term profits” in Nobel Prize acceptance speech

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Alex Riehl @ BetaKit · 12/10/2024 18:07 EDT

British-Canadian calls for “urgent and forceful attention” to combat AI safety risks at Stockholm ceremony. Read more ›

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