News from BetaKit

Beacon launches remittance solution to help Canadian newcomers receive money from India

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Isabelle Kirkwood @ BetaKit 3 place · 09/11/2024 06:02 EDT

Startup launched out of stealth with $5.25 million in funding earlier this year. Read more ›

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NPower Canada bags $4 million to prime underrepresented youth for the tech sector

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Isabelle Kirkwood @ BetaKit 3 place · 09/10/2024 17:57 EDT

Tech training programs run by Digital, NPower, Microsoft, and CIBC will introduce upskilling in cybersecurity and AI. Read more ›

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Saskatchewan tech sector employment doubled over four-year period: report

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Bianca Bharti @ BetaKit 1 place · 09/10/2024 17:53 EDT

Province says it’s on track to triple the number of tech workers by 2030. Read more ›

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Transit platform Spare raises $42 million Series B led by Inovia

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Alex Riehl @ BetaKit · 09/10/2024 16:36 EDT

Funding to help Vancouver-based startup expand its paratransit solution into more transit agencies. Read more ›

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US-based business banking startup Mercury acquires accounting platform Teal for an undisclosed amount

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Alex Riehl @ BetaKit · 09/10/2024 14:23 EDT

Acquisition comes mere months after Vancouver startup announced an $11 million CAD seed round. Read more ›

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AI is learning fast, are we?

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Jacqueline Loganathan @ BetaKit · 09/10/2024 13:48 EDT

Future Skills Centre is helping Canadians prepare for a rapidly changing labour market. Read more ›

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Terramera spinout Catalera secures $8.8 million CAD in first Series A tranche

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Alex Riehl @ BetaKit · 09/10/2024 07:00 EDT

Round marks first investment from crown corporation Farm Credit Canada’s Capital arm. Read more ›

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“Gordon Ramsay doesn’t want to flip burgers”: Rundle Partners acquires photography startup Iris Booth as founder prepares to step back

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Josh Scott @ BetaKit · 09/10/2024 06:00 EDT

Halifax startup mass produces headshots for large orgs with its self-service photo booths. Read more ›

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Ideon, Calabrio headline $53 million AI project investment from DIGITAL Innovation Cluster

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Alex Riehl @ BetaKit · 09/09/2024 14:56 EDT

DIGITAL said its investment joins an additional $106 million of industry partner backing. Read more ›

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Luge Capital navigates emerging manager minefield, closes second early-stage FinTech fund at $96 million CAD

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Josh Scott @ BetaKit · 09/09/2024 08:00 EDT

FinTech VC adds finance leader from Georgian with plans to hire an investor in Calgary. Read more ›

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Academics, nonprofits caught in middle of data consent fight as AI companies push for access to copyrighted works

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Kelsey Rolfe @ BetaKit · 09/09/2024 07:00 EDT

The open web is closing as copyright holders seek to bar AI companies like OpenAI and Cohere from using their work without license. Read more ›

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The Canadian universities that ship the most founders

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Bianca Bharti @ BetaKit · 09/09/2024 05:00 EDT

Plus: How dependent is Québec tech on public funding? Read more ›

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Harley Finkelstein wants Canadian entrepreneurs to ignore the “bullshit”

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Douglas Soltys @ BetaKit 1 place · 09/08/2024 18:55 EDT

Shopify president cautions against doom-and-gloom narratives and founder mental traps. Read more ›

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Shopify to become Roblox’s first platform commerce partner

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Alex Riehl @ BetaKit 1 place · 09/06/2024 13:30 EDT

Move is expected to open up a massive audience of 80 million potential young customers to brands. Read more ›

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“The impact can be devastating”: ASC launches $130,000 tech challenge in bid to combat crypto scams

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Isabelle Kirkwood @ BetaKit 2 place · 09/06/2024 07:00 EDT

Alberta Securities Commission estimates $309 million of investment fraud reported last year was tied to crypto. Read more ›

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“It’s just straight math”: Assent CEO Andrew Waitman sets bar higher after hitting centaur status

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Alex Riehl @ BetaKit 3 place · 09/06/2024 06:00 EDT

Waitman pushing Ottawa compliance software company to reach $200 million ARR within four years. Read more ›

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Fed issues $5.2-million investment to boost southern Ontario cleantech

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Isabelle Kirkwood @ BetaKit 1 place · 09/05/2024 11:40 EDT

New fund to offer business support and seed funding. Read more ›

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Northside Ventures closes first early-stage VC fund at $15 million CAD

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Josh Scott @ BetaKit · 09/05/2024 08:30 EDT

This emerging manager just met his target amid one of the worst fundraising environments in a decade. Read more ›

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Canadian healthtech company Deep Breathe bags top prize at US Army’s xTechInternational 2024

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Alex Riehl @ BetaKit 3 place · 09/05/2024 06:00 EDT

Portable ultrasound diagnostics startup takes home $95,000 after winning pitch competition in Spain. Read more ›

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Bitfarms and Riot continue public squabble leading up to October shareholder meeting

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Alex Riehl @ BetaKit · 09/04/2024 17:30 EDT

Riot encouraged shareholders to “seriously question” timing of recent Stronghold acquisition. Read more ›

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