News from BetaKit

PacifiCan invests nearly $23 million in BC cleantech, zero-waste projects

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Charles Mandel @ BetaKit · 07/05/2023 15:02 EDT

Saltworks, MintList, and Novarc Technologies all receive funding for expansion and commercialization. Read more ›

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Shakudo closes $9.5-million CAD Series A to help companies adopt generative AI

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Josh Scott @ BetaKit 1 place · 07/05/2023 06:00 EDT

GreatPoint-backed Shakudo is led by AI experts from Georgian, Borealis AI, and BMO. Read more ›

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S|W: The SaaS Weekly – ApplyBoard co-founder launches new skilled worker startup as feds update talent strategy

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Alex Riehl @ BetaKit 1 place · 07/05/2023 05:00 EDT

Plus: Snowflake expands Canadian engineering hub. Read more ›

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Porta raises $10.5-million for frozen, ready-to-cook Italian meal delivery service

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Charlize Alcaraz @ BetaKit 3 place · 07/04/2023 13:49 EDT

Porta might just fill the frozen-pizza-shaped hole left by General Assembly. Read more ›

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GeologicAI closes $20-million Series A to develop AI-powered robot geologists

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Josh Scott @ BetaKit 2 place · 07/04/2023 06:01 EDT

Bill Gates-founded Breakthrough Energy Ventures has bet on GeologicAI’s bots. Read more ›

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F|T: The FinTech Times – Stripe & Robinhood make layoffs, Financeit acquires competitor

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Alex Riehl @ BetaKit 2 place · 07/04/2023 06:00 EDT

Plus: FTX considers a reboot? Read more ›

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Feds update talent strategy as cleantech flees south

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Alex Riehl @ BetaKit · 07/04/2023 05:00 EDT

Plus: PitchBook analysts say 2023 VC funding is “pretty much shot.” Read more ›

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Alberta tech is hungry

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Douglas Soltys @ BetaKit · 07/03/2023 07:00 EDT

James Lochrie (Thin Air Labs) and Brett Colvin (Goodlawyer) provide an Alberta tech vibe check. Read more ›

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TIMIA Capital and Arena Investors aim to fill SVB lending gap with new $100 million USD venture

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Josh Scott @ BetaKit 1 place · 06/30/2023 16:49 EDT

TIMIA looks to double loan book as cooling VC market creates “significant opportunity.” Read more ›

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Canada is falling behind on cleantech as capital and companies flee south

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Jared Lindzon @ BetaKit 2 place · 06/30/2023 12:51 EDT

Report: nearly 83 percent of Canadian private investment in climate tech leaves the country. Read more ›

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Syzl crowned PITCH winner at Collision 2023 as other startups win cash prizes from The DMZ

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Charlize Alcaraz @ BetaKit 2 place · 06/30/2023 12:02 EDT

The DMZ awarded $65,000 to startups at its Insiders Event prior to Collision’s start. Read more ›

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Tokens.com acquires Startup Slang to link in-game purchases to Shopify Plus storefronts

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Charles Mandel @ BetaKit 3 place · 06/30/2023 06:00 EDT

Tokens.com continues to bet on the metaverse for future revenues. Read more ›

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H|T: The Healthtech Times – Aledade secures big funding to fuel M&A

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Alex Riehl @ BetaKit · 06/30/2023 05:00 EDT

Plus: Babylon will cease trading on NYSE, combine with MindMaze. Read more ›

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Jombone secures $1 million from FedDev to address industrial staffing needs

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Charlize Alcaraz @ BetaKit · 06/29/2023 13:18 EDT

With this funding, Jombone wants to adapt its platform for the US market. Read more ›

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Loopio makes ‘difficult decision’ to lay off nine percent of its team

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Charles Mandel @ BetaKit · 06/29/2023 11:21 EDT

The Toronto-based software startup made its first acquisition in May. Read more ›

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PitchBook analysts say 2023 VC funding is “pretty much shot,” long-term recovery appears likely

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Josh Scott @ BetaKit 3 place · 06/29/2023 06:00 EDT

PitchBook analyst: “It’s not going to be a six-month turnaround.” Read more ›

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R|T: The Retail Times – Shopify is in a “fight” with CRA over merchant records

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Alex Riehl @ BetaKit 1 place · 06/29/2023 05:00 EDT

Plus: Alibaba surprises with chairman and CEO replacement. Read more ›

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Shopify’s venture arm unveils portfolio in new website launch

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Charlize Alcaraz @ BetaKit · 06/28/2023 16:08 EDT

Shopify’s investments focus on funding the companies that support its merchant ecosystem. Read more ›

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University of Waterloo uses $5 million from endowment to launch VC fund

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Charlize Alcaraz @ BetaKit · 06/28/2023 15:58 EDT

The university was inspired by an emerging trend in the US, with schools like MIT. Read more ›

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Vector Institute, Ontario Centre of Innovation secure combined $77-million provincial funding

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Charlize Alcaraz @ BetaKit · 06/28/2023 12:32 EDT

OCI received $50 million from Ontario’s $107-million Critical Technology Initiative. Read more ›

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