News from BetaKit

Borealis Biosciences emerges from stealth with $202 million CAD from Novartis and Versant

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Alex Riehl @ BetaKit 1 place · 08/23/2024 13:18 EDT

Kidney disease treatment company looks to build on work of Chinook Therapeutics, acquired by Novartis last year. Read more ›

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Canada may lead the US on workplace flexibility, but there’s a catch

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Isabelle Kirkwood @ BetaKit 2 place · 08/23/2024 06:30 EDT

Plus: Five Canadian tech roles to apply for today. Read more ›

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Humi co-founder’s nuclear power venture closes $27-million USD Series A

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Isabelle Kirkwood @ BetaKit 3 place · 08/23/2024 06:01 EDT

Aalo Atomics, led by Matt Loszak, wants to reduce the cost of nuclear energy. Read more ›

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MKB raises $145 million for third cleantech fund mostly from government agencies

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Alex Riehl @ BetaKit 3 place · 08/22/2024 12:52 EDT

Canada Growth Fund, Investissement Québec, CDPQ, and BDC have announced their investment in MKB Fund III. Read more ›

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Sonder inks Marriott licensing deal, secures additional liquidity amid continued challenges

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Josh Scott @ BetaKit 2 place · 08/22/2024 06:00 EDT

Canadian-founded short-term rental firm expects to benefit from Marriott’s distribution. Read more ›

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American hospitality tech firm Agilysys acquires Book4Time for $204 million CAD

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Bianca Bharti @ BetaKit 1 place · 08/21/2024 14:47 EDT

Agilysys's broad portfolio elevates what Book4Time can deliver to clients, CEO Roger Sholanki said. Read more ›

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JustEat, SkipTheDishes lay off 800 Canada-based employees following “comprehensive review”

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Alex Riehl @ BetaKit 3 place · 08/21/2024 12:51 EDT

Food delivery app SkipTheDishes went through three CEOs in 2023. Read more ›

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Knox Custody founders close $1.8 million CAD to launch borderless Bitcoin payments with Tmrw

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Josh Scott @ BetaKit · 08/21/2024 08:30 EDT

Maple VC-backed, Canadian-founded startup is targeting the Caribbean market to start. Read more ›

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Ex-Google DeepMind leaders bring Reliant AI out of stealth with $15.4-million CAD seed round

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Isabelle Kirkwood @ BetaKit 1 place · 08/20/2024 14:01 EDT

Yoshua Bengio-backed startup wants to help biopharma researchers wrangle their data faster. Read more ›

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Social Finance Fund-backed Boann reveals first investments in Canadian impact funds

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Josh Scott @ BetaKit 3 place · 08/20/2024 06:00 EDT

Portfolio includes Active Impact, BKR, Cycle H2O, InvestEco, Raven, Renewal, Sandpiper, Spring, The51. Read more ›

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Virtual care holds the key to better employee mental health

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Isabelle Kirkwood @ BetaKit 1 place · 08/20/2024 05:59 EDT

Teladoc Health’s Dr. Karolina Filipowska on increasing access to care in Canada. Read more ›

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Insurtech startup YouSet raises $3.5-million CAD seed round

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Bianca Bharti @ BetaKit 2 place · 08/20/2024 05:00 EDT

The startup claims to save users nearly 30 percent on coverage in a process that takes minutes. Read more ›

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Two new contracts take off as SBQuantum looks to send its tech to space

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Isabelle Kirkwood @ BetaKit · 08/20/2024 04:00 EDT

Startup is launching projects with the Canadian and European space agencies. Read more ›

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Government of Canada launches consultations on Budget 2024 proposals

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Alex Riehl @ BetaKit · 08/19/2024 16:43 EDT

Feds inviting Canadians to share thoughts on capital gains, CEI, open banking, cleantech tax credits, and more. Read more ›

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MolecuLight closes $11.7 million in Series C financing for market expansion

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Isabelle Kirkwood @ BetaKit · 08/19/2024 15:00 EDT

Startup’s devices use fluorescent light to spot elevated bacteria levels in wounds. Read more ›

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European online car marketplace AutoScout24 agrees to purchase AutoTrader parent from Thoma Bravo

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Alex Riehl @ BetaKit · 08/19/2024 13:42 EDT

Price was not disclosed, but deal to acquire Trader Corporation is expected to close in Q4 2024. Read more ›

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Get ready for the BetaKit Keynote Stage at SAAS NORTH 2024

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Isabelle Kirkwood @ BetaKit · 08/19/2024 12:07 EDT

Leaders from Tealbook, Certn, Passage, and more to headline Canada’s SaaS conference November 13 to 14. Read more ›

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Cardata names Haywood Marsh CEO as Canadian tech executive turnover continues through the summer

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Isabelle Kirkwood @ BetaKit · 08/19/2024 05:59 EDT

Convictional, Stocksy, Sernova, and more also bring on new CEOs. Read more ›

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Canadian entrepreneurs get new incentives, but what about their employees (and investors)?

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Bianca Bharti @ BetaKit · 08/19/2024 05:00 EDT

Plus: Paper cuts, Radical raises, and ezBtc caught gambling. Read more ›

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Canadian Web3 regulations & Coinbase’s year in review

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Douglas Soltys @ BetaKit 1 place · 08/18/2024 10:21 EDT

Crypto.com, Coinbase, CIRO and more discuss Canada playing catch-up at the Blockchain Futurist Conference. Read more ›

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