News from BetaKit

Alberta tech is on track to outpace 2022 with lively Q2 2023

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Isabelle Kirkwood @ BetaKit 2 place · 07/28/2023 06:02 EDT

Alberta tech companies raised $123.8 million through six deals in the second quarter of 2023. Read more ›

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DeFi company Wellfield inks deal to acquire crypto custodian Brane Trust

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Josh Scott @ BetaKit 2 place · 07/28/2023 06:00 EDT

Canadian crypto consolidation continues with Toronto, Ottawa firms set to join forces. Read more ›

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H|T: The Healthtech Times – Ora Medical gets the BDC Bump

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Alex Riehl @ BetaKit · 07/28/2023 05:00 EDT

Plus: Halifax's 3D BioFibR secures $3.52M for automated collagen fibre manufacturing. Read more ›

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East coast latest Canadian region to act to protect its intellectual property with new program

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Charles Mandel @ BetaKit 1 place · 07/27/2023 17:38 EDT

Region lags in IP protection when it comes to tech commercialization, Springboard CEO says. Read more ›

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Neo Financial goes all-in on embedded finance with new suite of credit cards

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Charles Mandel @ BetaKit · 07/27/2023 17:34 EDT

The FinTech startup is partnering with Tim Hortons, Cathay Pacific to offer rewards. Read more ›

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Foxquilt raises $12 million to expand small business insurance solution in North America

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Charlize Alcaraz @ BetaKit · 07/27/2023 14:15 EDT

Foxquilt uses data analytics and AI to match businesses with insurance products. Read more ›

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Hopper to power travel portal for Brazilian digital banking giant Nubank

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Charlize Alcaraz @ BetaKit 2 place · 07/27/2023 09:00 EDT

Hopper brought travel booking to Uber UK and is now targeting Nubank’s 80 million customers. Read more ›

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R|T: The Retail Times – Shopify looks for a Faire deal, Temu sues Shein

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Alex Riehl @ BetaKit 1 place · 07/27/2023 06:00 EDT

Plus: Bolt, ex-CEO Ryan Breslow face SEC probe. Read more ›

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Vital Biosciences reveals desktop blood-testing device with funding from OpenAI, Salesforce CEOs

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Charlize Alcaraz @ BetaKit · 07/26/2023 18:16 EDT

After the bloody mess at Theranos, Vital is among the new wave of startups developing accessible diagnostics. Read more ›

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Sun Life Canada to acquire Dialogue Health Technologies for $277 million CAD

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Charles Mandel @ BetaKit 3 place · 07/26/2023 11:22 EDT

Dialogue will maintain its head office in Montréal and operate as a standalone entity as part of Sun Life Canada. Read more ›

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Shopify reveals AI suite, business credit card, dropshipping-like feature in latest product showcase

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Charlize Alcaraz @ BetaKit · 07/26/2023 11:05 EDT

Canadian rapper Drake launched his website Drake Related using Shopify Collective. Read more ›

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PasswordBox, Intel alums build enterprise low-code tool for natural language models

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Josh Scott @ BetaKit 1 place · 07/26/2023 07:59 EDT

Montréal startup’s backers include Panache, Inovia, and Real Ventures. Read more ›

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Waterloo Region deal volume has been tanking steadily since 2019. Could undisclosed deals be partly to blame?

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Isabelle Kirkwood @ BetaKit · 07/26/2023 06:02 EDT

Off-the-record raises may be painting an incomplete picture of the ecosystem, investor says. Read more ›

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A|I: The AI Times – Cohere partners with SAP, Apple preps “Apple GPT”

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Alex Riehl @ BetaKit 2 place · 07/26/2023 05:00 EDT

Plus: Meta, Google, OpenAI promise White House responsible AI development. Read more ›

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MindBridge closes $60 million USD from US growth equity firm, appoints interim CEO

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Josh Scott @ BetaKit 3 place · 07/25/2023 16:35 EDT

AI-powered auditing-tech firm adds new interim leader as CEO and founder depart. Read more ›

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Review of Alberta Innovates’ Scaleup GAP program shows $147 million raised, 118 jobs created

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Charlize Alcaraz @ BetaKit · 07/25/2023 13:21 EDT

Scaleup GAP was created in 2021 to bring more tech and business accelerators to Alberta. Read more ›

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Long-time VP and product leader Satish Kanwar departs Shopify

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Josh Scott @ BetaKit 2 place · 07/25/2023 09:47 EDT

Kanwar steps down as VP of corporate development and head of product acceleration 10 years after Shopify’s Jet Cooper acquisition. Read more ›

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Practice Better acquires That Clean Life for a healthy-sounding eight figures to continue expansion

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Charles Mandel @ BetaKit 2 place · 07/25/2023 09:00 EDT

An eight-year collaboration has ended in acquisition for the two Toronto healthtech startups. Read more ›

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Solink secures $60-million USD Series C and backing from Goldman Sachs to become cloud video surveillance leader

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Josh Scott @ BetaKit 3 place · 07/25/2023 07:59 EDT

As the security market shifts to cloud, Solink looks to scale. Read more ›

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S|W: The SaaS Weekly – What is Reddit CEO Steve Huffman doing?

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Alex Riehl @ BetaKit · 07/25/2023 06:00 EDT

Plus: Constellation Software acquires Optimal Blue, Vitruvi acquired by Bow River Capital. Read more ›

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