News from BetaKit

Early-stage startups grapple with fallout after Québec-funded investment program suspended

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Madison McLauchlan @ BetaKit · 12/10/2024 13:27 EDT

Montréal founders say their rounds fell apart after Impulsion PME’s “safety net” for investors disappeared. Read more ›

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Alberta Enterprise Corporation launches Accelerate Fund IV with $15 million to back early-stage tech startups

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Josh Scott @ BetaKit · 12/10/2024 09:00 EDT

First close from AEC brings Fund IV more than halfway to its $25-million target. Read more ›

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Spexi raises $16.2 million CAD Series A for blockchain-based drone imagery network

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Alex Riehl @ BetaKit 3 place · 12/09/2024 14:33 EDT

Startup's long-term goal is to reward drone pilots on its platform with a native crypto utility token. Read more ›

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Cyder closes $1.5 million to fuel launch of loyalty platform for credit unions

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Josh Scott @ BetaKit 2 place · 12/09/2024 06:00 EDT

FinTech startup’s backers include MaRS IAF, Aperture, Desjardins, Arlene Dickinson. Read more ›

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Foreign and domestic AI with Tenstorrent and Cohere

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Douglas Soltys @ BetaKit 3 place · 12/09/2024 05:00 EDT

Plus: Canada Post strike didn't slow Shopify's BFCM weekend. Read more ›

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Lessons in leadership, hiring, and AI from SAAS NORTH 2024

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Douglas Soltys @ BetaKit · 12/08/2024 19:15 EDT

Also discussed: how to make leather from mushrooms. SAAS NORTH 2024 was crazy. Read more ›

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Benevity reports over $140 million donated through its platform this Giving Tuesday

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Josh Scott @ BetaKit 1 place · 12/06/2024 17:24 EDT

Calgary company sees dip in total donations, but rise in volunteering compared to 2023. Read more ›

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Aramis Biotechnologies secures $80 million CAD for vaccine development do-over

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Madison McLauchlan @ BetaKit 2 place · 12/06/2024 17:13 EDT

Former staffers from Medicago get another shot at vaccine development with renewed backing from federal government. Read more ›

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Jeff Bezos bets on Tenstorrent, Questrade and Wealthsimple trade markets, Shopify’s big BFCM

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Isabelle Kirkwood @ BetaKit 1 place · 12/06/2024 16:08 EDT

Test your knowledge of Canadian tech news with The BetaKit Quiz for Dec. 6, 2024. Read more ›

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Cohere secures federal backing to build multibillion-dollar Canadian AI data centre

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Josh Scott @ BetaKit · 12/06/2024 15:16 EDT

This marks the first investment through the new Canadian Sovereign AI Compute Strategy. Read more ›

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Mississauga’s rising entrepreneurs are cleaning water, transforming legal services, and making robot EV chargers

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Jacqueline Loganathan @ BetaKit 2 place · 12/06/2024 07:00 EDT

Sauga Startup Showcase recognizes promising startups. Read more ›

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KisoJi raises $57-million CAD Series B to advance antibody cancer therapy

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Madison McLauchlan @ BetaKit · 12/06/2024 06:00 EDT

Montréal-based biotech company using AI to boost antibody identification platform. Read more ›

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Federal government outlines $2 billion in AI compute spending commitment

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Josh Scott @ BetaKit 3 place · 12/05/2024 09:47 EDT

Strategy includes $1 billion for public computing infrastructure, $700 million for AI data centres, and $300 million for SMBs. Read more ›

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Trexo Robotics has helped people with disabilities take 100 million steps

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Alex Riehl @ BetaKit 2 place · 12/05/2024 06:00 EDT

Device is meant to assist those with cerebral palsy and other leg mobility-affecting conditions. Read more ›

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Musical AI partners with India’s Beatoven.ai to create “fully licensed” AI song generator

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Josh Scott @ BetaKit 3 place · 12/04/2024 15:58 EDT

Music tech startups join forces to help create songs and compensate IP holders with AI. Read more ›

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BDC launches program to help businesses access financing to adopt AI

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Alex Riehl @ BetaKit · 12/04/2024 14:31 EDT

Program includes cybersecurity assessment and workflow automation assistance. Read more ›

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BDC launches program to help small businesses access financing to adopt AI

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Alex Riehl @ BetaKit · 12/04/2024 14:31 EDT

Program includes cybersecurity assessment and workflow automation assistance. Read more ›

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Sheertex maker SRTX gets $35 million CAD backing from IQ to grow manufacturing operations in Québec

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Madison McLauchlan @ BetaKit · 12/04/2024 12:29 EDT

STRX looking to close $70-million CAD convertible note financing round before end of year. Read more ›

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Markets change. Venture debt doesn’t have to.

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Isabelle Kirkwood @ BetaKit · 12/04/2024 10:00 EDT

CIBC Innovation Banking’s Amy Olah on why venture debt stays steady, even when markets don’t. Read more ›

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Lessons from Wattpad’s $754-million exit

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Isabelle Kirkwood @ BetaKit · 12/04/2024 07:00 EDT

Eva Lau wants you to avoid the obvious. Read more ›

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