News from BetaKit

The greatest threat to startups today is playing it safe

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Isabelle Kirkwood @ BetaKit 3 place · 10/03/2024 06:00 EDT

Pender Ventures’ Maria Pacella warns that an overcorrection toward risk aversion could spell trouble for Canada’s SaaS startups. Read more ›

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Fujitsu launches Cohere-powered Japanese LLM for enterprise use

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Alex Riehl @ BetaKit 3 place · 10/02/2024 13:51 EDT

Fujitsu invested in Cohere as part of a partnership to develop an LLM for the underserved language. Read more ›

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Koho secures $190 million CAD in equity and debt to bolster banking licence efforts

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Alex Riehl @ BetaKit 2 place · 10/02/2024 09:56 EDT

Capital allows FinTech firm to expand lending book and product offerings. Read more ›

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PocketHealth kicks off breast cancer awareness month with AI-powered tool for early detection

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Loraine Centeno @ BetaKit 3 place · 10/02/2024 06:02 EDT

Tool features a personalized breast cancer risk assessment and mammogram appointment manager. Read more ›

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Nano One to increase battery material manufacturing capacity with funding from US Department of Defense

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Alex Riehl @ BetaKit · 10/02/2024 05:41 EDT

$17.8 million CAD to support Nano One's Candiac, Québec and British Columbia facilities. Read more ›

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Loss of DoorDash partnership prompts Payfare share price plummet and strategic review

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Alex Riehl @ BetaKit · 10/01/2024 16:20 EDT

Shares dropped more than 75 percent Friday after news that firm’s largest customer would not renew its contract. Read more ›

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Orpyx closes $26.9 million CAD in growth capital to fuel US expansion

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Isabelle Kirkwood @ BetaKit · 10/01/2024 15:27 EDT

Startup has focused on US commercial traction of its shoe-based sensor tech for people with diabetes. Read more ›

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What to expect from Zoholics Canada 2024

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Isabelle Kirkwood @ BetaKit · 10/01/2024 12:01 EDT

From October 8 to 9 in Montréal, a conference to help businesses power their next stage of growth. Read more ›

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GreenSky’s $15-million first close of Fund VI puts VC firm in rare company

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Josh Scott @ BetaKit 1 place · 10/01/2024 06:00 EDT

Research indicates only one percent of Canadian VC firms have graduated to a sixth fund over the past decade. Read more ›

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Is BC tech “lethargic” or “on fire?”

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Douglas Soltys @ BetaKit · 10/01/2024 05:00 EDT

Plus: Canada's Top Startups list. Read more ›

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“It used to be lonely being Indigenous in tech.” How one tech founder’s question led to a community of hundreds

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Loraine Centeno @ BetaKit · 09/30/2024 18:18 EDT

The Indigenous Tech Circle has grown to include more than 340 members. Read more ›

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What Canada can learn from AI use in South Africa 

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Douglas Soltys @ BetaKit · 09/30/2024 17:21 EDT

Raesetje Sefala explains how DAIR is analyzing impacts of South African apartheid with AI. Read more ›

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Propel Holdings to acquire UK-based QuidMarket for $95.9 million CAD

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Isabelle Kirkwood @ BetaKit 1 place · 09/27/2024 18:20 EDT

Company sees the UK as potential beachhead for expanding into the European market. Read more ›

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Looking for a tech job in Toronto? Here are three companies hiring

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Isabelle Kirkwood @ BetaKit 2 place · 09/27/2024 16:01 EDT

Koru, Vaco, Zebra Technologies are seeking talent in the GTA. Read more ›

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Stripe opens new Toronto office with plans to hire 50 team members

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Isabelle Kirkwood @ BetaKit 1 place · 09/27/2024 13:33 EDT

The new space opened three years after Stripe first established a physical presence in Toronto. Read more ›

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It’s not the technology, it’s what you build with it

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Jared Lindzon @ BetaKit · 09/27/2024 12:01 EDT

Crypto pitches Canadian tech at BetaKit Talks: You Don’t Know Crypto. Read more ›

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EdTech startup LumiQ receives strategic investment from Vertu Capital

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Isabelle Kirkwood @ BetaKit 2 place · 09/27/2024 07:00 EDT

CEO says LumiQ found alignment with Vertu after staying away from institutional venture capital. Read more ›

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“Eyes wide open” and a clear view on success

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Isabelle Kirkwood @ BetaKit · 09/27/2024 06:00 EDT

Part three of our series chronicling one team’s journey from near collapse to hypergrowth. Read more ›

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Lightspeed confirms strategic review of business as company reportedly explores sale

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Josh Scott @ BetaKit · 09/26/2024 17:40 EDT

Investors have reacted favourably as Lightspeed’s share price has risen over 17 percent. Read more ›

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SAAS NORTH gets real

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BetaKit @ BetaKit · 09/26/2024 12:01 EDT

The founders of Applyboard, Samplr and Certn set to talk failure, determination, and innovation on the BetaKit Keynote Stage. Read more ›

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