News from BetaKit

One chart that will make you feel good about Canadian tech

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Douglas Soltys @ BetaKit 1 place · 11/18/2024 05:00 EDT

Plus: Neo’s backers, Wealthsimple’s value, and Shopify’s concerns. Read more ›

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H|T: The Healthtech Times – Canada’s latest big biotech exit

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Alex Riehl @ BetaKit · 06/23/2023 05:00 EDT

Plus: Google Lens can now search for skin conditions. Read more ›

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Gaming and esports tech firm Swarmio files for creditor protection

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Josh Scott @ BetaKit · 06/22/2023 17:23 EDT

Swarmio Media has announced that it is seeking creditor protection. The Halifax-headquartered gaming tech firm has filed an application for creditor protection from the Ontario Superior Court of Justice under the Companies’ Creditors Arrangement Act (CCAA). Swarmio noted that this decision follows “careful consideration of all available alternatives” and consultation with financial and legal advisors. Per the filing, as of June 10, Swarmio had total liabilities of nearly $10.3 million.... Read more ›

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EDC increases its matching investment maximum from $5 million to $25 million

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Charles Mandel @ BetaKit · 06/22/2023 14:08 EDT

Since launching in 2020, the EDC Matching Investment Program has made over $390 million in co-investments. Read more ›

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Altis Labs closes $7.9 million CAD to evaluate cancer treatments using AI

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Josh Scott @ BetaKit · 06/22/2023 13:48 EDT

Altis has worked with UHN, Sunnybrook to develop its cancer imaging database. Read more ›

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Paddy Cosgrave is not forcing you to come to Collision

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Douglas Soltys @ BetaKit 3 place · 06/22/2023 08:00 EDT

Collision is here for a good time, perhaps not a long time. Web Summit's CEO is having "a bit of fun" either way. Read more ›

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York University’s Schulich School of Business continues tech leadership focus with new certificate programs

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Charlize Alcaraz @ BetaKit 2 place · 06/22/2023 06:00 EDT

Program directors include leaders from OMERS, Wealthsimple, Q2, and Panache. Read more ›

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A|I: The AI Times – Cohere is on Bessemer’s list, D-Wave is moving execs to the US

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Alex Riehl @ BetaKit · 06/22/2023 05:00 EDT

Plus: Oracle’s answer to the Microsoft-OpenAI alliance. Read more ›

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Shopify makes checkout solution Shop Pay available to enterprise retailers not using Shopify

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Josh Scott @ BetaKit · 06/21/2023 14:34 EDT

The move represents part of Shopify’s push to woo larger clients. Read more ›

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Chexy raises $1.3 million for platform that lets tenants pay rent with credit cards

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Charlize Alcaraz @ BetaKit · 06/21/2023 11:33 EDT

Chexy becomes latest FinTech firm to offer rewards for tenants. Read more ›

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Building-design startup Augmenta raises $15.57 million CAD to hire staff, refine beta

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Charles Mandel @ BetaKit 1 place · 06/21/2023 09:00 EDT

The company says it uses AI to create building designs in a matter of minutes or hours. Read more ›

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Train Fitness closes $2.5 million USD to expand automatic workout-tracking app for strength training

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Josh Scott @ BetaKit 1 place · 06/21/2023 06:00 EDT

Relay Ventures-backed Train Fitness aims to track weight-lifting workouts without data entry. Read more ›

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R|T: The Retail Times – Canadian-founded company behind Instant Pot files for bankruptcy

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Alex Riehl @ BetaKit · 06/21/2023 05:00 EDT

Plus: Shopify partners with Volt to offer open banking solutions (but not in Canada). Read more ›

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Rose Rocket raises $50.2 million CAD Series B to expand trucking solution

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Charles Mandel @ BetaKit · 06/21/2023 00:57 EDT

The maker of transportation-management software plans to target larger fleets with this latest raise. Read more ›

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Poka to be acquired by Swedish enterprise software giant IFS in reported $200-million deal

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Charlize Alcaraz @ BetaKit 3 place · 06/20/2023 16:28 EDT

Poka is used by workers at Nestlé, Tetra Pak, and Mars, among others. Read more ›

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Eavor secures $80 million to support Austrian oil and gas firm OMV’s transition to green energy

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Charlize Alcaraz @ BetaKit · 06/20/2023 11:14 EDT

The geothermal startup previously said it plans to raise $145 million in Series B funding this year. Read more ›

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Collision will remain in Toronto for 2024

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Josh Scott @ BetaKit 2 place · 06/20/2023 07:58 EDT

Tech conference inks one-year extension, but Collision’s long-term future in Canada still unclear. Read more ›

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2022 angel investment in Canada mirrored VC dip, dropping 37 percent year-over-year

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Josh Scott @ BetaKit 3 place · 06/20/2023 05:45 EDT

While deal count rose, angels disproportionately favoured existing portfolio firms. Read more ›

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F|T: The FinTech Times – Canada’s Real-Time Rail delays are an unmitigated disaster

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Alex Riehl @ BetaKit · 06/20/2023 05:00 EDT

Plus: Shopify is offering open banking solutions (but not in Canada). Read more ›

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After several tech exits, Minutebook founder raises $3.5 million to automate legal tasks

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Charlize Alcaraz @ BetaKit 3 place · 06/19/2023 17:47 EDT

Minutebook co-founder led several startups including Ollie Order, Medeo, Kubera. Read more ›

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Masthead Data raises $1.3 million to help data engineers monitor errors without client data

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Charlize Alcaraz @ BetaKit · 06/19/2023 12:31 EDT

Organizations in e-commerce, finance, other tech domains use Masthead’s platform, the company claims. Read more ›

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