News from BetaKit

Canadian Ilya Sutskever’s Safe Superintelligence closes $1 billion USD in funding

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Isabelle Kirkwood @ BetaKit 1 place · 09/04/2024 17:01 EDT

Startup co-founded just three months ago is reportedly valued at $5 billion USD. Read more ›

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Round13, Nvidia-backed Wombo announces $12.2-million CAD to launch more generative AI apps

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Josh Scott @ BetaKit · 09/04/2024 11:00 EDT

After surviving collapsed fundraise, Wombo contends with copyright concerns and class-action as it fuels up for growth. Read more ›

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The most important work in tech is happening on-chain

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Siri Agrell @ BetaKit · 09/04/2024 10:00 EDT

BetaKit Talks: You Don’t Know Crypto will take place on Sept. 24, presented by WonderFi. Read more ›

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Executive director Michael Buhr wants C100 to help Canadian tech startups scale

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Josh Scott @ BetaKit 1 place · 09/04/2024 06:00 EDT

C100 announces 38 Canadian tech firms in new growth and latest early-stage cohorts. Read more ›

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Six Canadian universities among PitchBook’s 2024 top 100 schools for founders

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Bianca Bharti @ BetaKit · 09/03/2024 18:04 EDT

University of Waterloo tops list of Canadian post-secondary institutions that produce future founders. Read more ›

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Recon Instruments’ co-founder wants to advance autonomous driving systems with latest venture Matt3r

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Isabelle Kirkwood @ BetaKit 3 place · 09/03/2024 07:00 EDT

Hamid Abdollahi believes his startup has found the “k3y” to develop safer autonomous vehicles. Read more ›

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Report: Québec venture ecosystem still “highly dependent” on public and para-public funding

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Isabelle Kirkwood @ BetaKit 3 place · 09/03/2024 06:01 EDT

Réseau Capital analysis reveals that only a handful of managers can successfully attract private funding. Read more ›

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Can Canadian FinTech woo the customers that banks have left behind?

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Bianca Bharti @ BetaKit · 09/03/2024 05:00 EDT

Plus: Shopify has a new CTO, Benevity has a new CEO, and Sagard poached from Georgian. Read more ›

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AI roundtable: Hugging Face, Zapier, Tenstorrent (and more)

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Douglas Soltys @ BetaKit · 09/02/2024 16:21 EDT

The BetaKit Podcast offers vantage points on AI from North American tech leaders. Read more ›

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A100, HaloHealth, InterGen get federal funding boost to help commercialize Alberta tech

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Isabelle Kirkwood @ BetaKit 1 place · 08/30/2024 15:16 EDT

Alberta startups earned a slight edge over BC in venture funding for the first half of 2024. Read more ›

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Carbon6 acquires American firm Junglytics to provide AI tools for Amazon sellers

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Alex Riehl @ BetaKit 2 place · 08/30/2024 13:03 EDT

Junglytics’ platform provides Amazon sellers with data analysis through a “GPT-style” interface. Read more ›

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Here’s what will make or break the next wave of Canadian IPOs

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Isabelle Kirkwood @ BetaKit 3 place · 08/30/2024 11:59 EDT

Mia Morisset of Inovia Capital explains how the go-public goalposts have shifted since 2021. Read more ›

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Technology complicated travel. FlightHub is simplifying it

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Jacqueline Loganathan @ BetaKit · 08/30/2024 06:00 EDT

How a Montréal venture is rebundling travel. Read more ›

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QueerTech among 17 organizations selected by feds to deliver $8-million 2SLGBTQI+ Ecosystem Fund

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Isabelle Kirkwood @ BetaKit · 08/29/2024 15:12 EDT

“Who you are and whom you love shouldn't hurt your business,” says small business minister. Read more ›

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Benevity appoints MeridianLink president Christopher Maloof as CEO, Kelly Schmitt steps down

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Alex Riehl @ BetaKit · 08/29/2024 14:18 EDT

The charitable donation software platform sought Maloof’s experience in strategic acquisitions and IPO. Read more ›

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Andgo Systems, Conexus among recipients of Saskatchewan-focused PrairiesCan funding

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Alex Riehl @ BetaKit · 08/29/2024 12:49 EDT

Economic development agency dispenses $6.3 million across nine startups and ecosystem programs. Read more ›

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Sagard hires Georgian’s Parinaz Sobhani as investment firm’s first head of AI

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Josh Scott @ BetaKit · 08/29/2024 09:00 EDT

Alternative asset manager bets AI will play a big role in investing over the next decade. Read more ›

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FansUnite sells American subsidiary back to co-founders, delists from TSX

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Alex Riehl @ BetaKit · 08/28/2024 17:25 EDT

FansUnite said it expects to retain approximately $500,000 CAD to “explore new business opportunities.” Read more ›

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Hardbacon to file for bankruptcy after Google search changes crush affiliate business

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Josh Scott @ BetaKit · 08/28/2024 15:58 EDT

CEO says Google’s algorithm updates decimated SEO-reliant financial product referral revenue. Read more ›

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Shopify taps Microsoft executive Mikhail Parakhin as its new CTO

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Alex Riehl @ BetaKit 1 place · 08/28/2024 12:48 EDT

Shopify CEO Tobi Lütke praised Parakhin’s “deep expertise” in AI and machine learning. Read more ›

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