News from BetaKit

Y Combinator website no longer lists Canada as a country it invests in

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Alex Riehl @ BetaKit 1 place · 01/26/2026 17:01 EDT

Change implies Canadian startups have to incorporate in the US, Cayman Islands, or Singapore to join accelerator. 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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BC Securities Commission fines ezBtc owner $18.4 million over crypto fraud

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Alex Riehl @ BetaKit · 12/03/2024 15:24 EDT

CBSC previously found crypto platform had diverted one-third of customer deposits to personal accounts. Read more ›

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Canada Post strike didn’t slow Shopify’s record-breaking BFCM weekend

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Alex Riehl @ BetaKit 1 place · 12/03/2024 13:31 EDT

Shopify merchants drove $11.5 billion USD in sales over the weekend, eclipsing last year by more than $2 billion. Read more ›

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Stability and speed: Mastercard’s partnership with Koho

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Isabelle Kirkwood @ BetaKit 3 place · 12/03/2024 07:00 EDT

How a FinTech startup migrated towards the future of banking. Read more ›

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Online brokerage Questrade lays off undisclosed number of employees

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Alex Riehl @ BetaKit · 12/02/2024 17:03 EDT

Questrade appears to have quietly exited digital mortgage business around same time Wealthsimple entered it. Read more ›

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AI chipmaker Tenstorrent closes nearly $700-million USD Series D at $2.6-billion valuation

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Josh Scott @ BetaKit · 12/02/2024 16:57 EDT

Samsung, Bezos-backed financing comes after the firm quietly relocated to the US. Read more ›

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British Columbia deploys combined $9.2 million into projects tackling climate, nutrition, health and more

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Isabelle Kirkwood @ BetaKit · 12/02/2024 15:23 EDT

Funding recipients include Ekona Power, Wildfire Robotics, and Ideon Technologies. Read more ›

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Lightspeed lays off 200 employees in second restructuring of the year

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Alex Riehl @ BetaKit · 12/02/2024 14:03 EDT

Online brokerage firm Questrade also reportedly laid off an undisclosed number of employees in recent days. Read more ›

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The one role companies are struggling to fill

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Jacqueline Loganathan @ BetaKit 1 place · 12/02/2024 07:00 EDT

Digital Marketing Sector Council report encourages employers to recognize certifications to expand the talent pool. Read more ›

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Why Hopper might be the next Canadian tech company to play the secondary game

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Josh Scott @ BetaKit · 12/02/2024 05:00 EDT

Plus: Canada sues Big Tech. Read more ›

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The DOJ wants to take Google Chrome away, Rob Kenedi wants to decelerate tech

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Douglas Soltys @ BetaKit · 12/01/2024 14:39 EDT

After a decade of quiet dominance, the browser space is suddenly filled with uncertainty. Read more ›

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Montréal tech marks year’s successes and struggles at sixth Startup Community Awards

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Madison McLauchlan @ BetaKit 1 place · 11/29/2024 18:14 EDT

Startups honoured included item-sharing app Partage Club and fundraising platform Zeffy. Read more ›

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Shopify’s federal swing, Hopper trims its wings, Google gets served

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Isabelle Kirkwood @ BetaKit 1 place · 11/29/2024 16:01 EDT

Test your knowledge of Canadian tech news with The BetaKit Quiz for Nov. 29, 2024. Read more ›

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Shareholders file proposed class action alleging Exro misrepresented revenue projections

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Isabelle Kirkwood @ BetaKit 3 place · 11/29/2024 15:44 EDT

Plaintiff describes 2024 revenue forecasts Exro made in January as “delusional.” Read more ›

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Major Canadian news orgs sue OpenAI for copyright infringement

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Alex Riehl @ BetaKit · 11/29/2024 14:32 EDT

Torstar, Postmedia, The Globe and Mail, The Canadian Press, and CBC/Radio-Canada are seeking monetary damages. Read more ›

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Firestarter program goes national with funding from BDC Thrive Lab

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Isabelle Kirkwood @ BetaKit · 11/29/2024 06:00 EDT

Following Atlantic Canada pilot, program supporting women-led startups will host first cohort in early 2025. Read more ›

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Canada’s Competition Bureau targets Google for anti-competitive practices

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Alex Riehl @ BetaKit · 11/28/2024 18:02 EDT

Tech giant faces anti-trust fights on both sides of border as Canada looks to force sale of Google adtech tools. Read more ›

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With new name, FleetOps secures $30.8-million CAD Series A round

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Alex Riehl @ BetaKit · 11/28/2024 15:48 EDT

Now called Class8, trucking data startup’s round was led entirely by United States-based investors. Read more ›

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The painkiller for pharmaceutical reps

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Isabelle Kirkwood @ BetaKit · 11/28/2024 07:00 EDT

How ACTO is bringing pharma knowledge to the frontlines. Read more ›

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