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Vantage Points: Anne Stevens explains how Canada almost lost AbCellera to the US
AbCellera might be one of the most recognizable life sciences companies in British Columbia, but according to vice-president of business development Anne Stevens, it once considered leaving Canada. As...
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Mave reveals $2 million CAD in pre-seed funding following beta launch of real...
Toronto-based proptech startup Mave has announced $2 million CAD in pre-seed funding as it looks to help automate the back-end work for real estate agents with artificial intelligence (AI). The...
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George Damian named new executive director of the Venture Capital Association...
Alberta’s venture capital advocacy group has a new leader. The Venture Capital Association of Alberta (VCAA) has announced that George Damian has stepped into the role of executive director. The...
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BC’s Centre for Innovation and Clean Energy makes $3 million available for...
British Columbia’s Centre for Innovation and Clean Energy (CICE) has made $3 million available to climate tech and clean energy ventures led by women. CICE, which provides non-dilutive funding to...
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The BetaKit Quiz, Nov. 1, 2024
QUIZ START The post The BetaKit Quiz, Nov. 1, 2024 first appeared on BetaKit.
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Founders of Sysomos, Aislelabs find traction bringing their AI research to AEC
Toronto-based artificial intelligence (AI) startup Workorb has closed $2.6 million CAD in seed financing to advance its automation product for the architecture, engineering, and construction (AEC)...
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Neo Financial snags top spot on Deloitte’s 2024 Technology Fast 50
Calgary and Winnipeg-based FinTech startup Neo Financial has claimed the number one spot in Deloitte’s 2024 Technology Fast 50 rankings. Deloitte’s Technology Fast 50 recognizes Canada’s 50...
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MedEssist offers pharmacists medication delivery through new partnership with...
Toronto-based healthtech startup MedEssist has launched a new integration with Uber’s white-label delivery service to expand access to same-day medication delivery for pharmacies across North America....
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Lightspeed, Well Health hit new revenue milestones in latest quarterly earnings
Shares in Montréal-based Lightspeed Commerce and Vancouver-based Well Health Technologies both climbed after the companies reported reaching new nine-figure revenue milestones in their latest quarterly...
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Aron Levitz named co-president of Wattpad as #CDNtech executive turnover...
In the latest wave of leadership changes in Canada’s tech sector this year, Toronto-based Wattpad has found a new co-president in one of its long-time leaders: Aron Levitz. Levitz joins from Webtoon...
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TikTok Bans, CEO kidnappings, and Canadian tech’s Fast 50
QUIZ START The post TikTok Bans, CEO kidnappings, and Canadian tech’s Fast 50 first appeared on BetaKit.
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Armed with $1.6 million CAD, runQL wants to take the chaos out of data query...
Kitchener-Waterloo-based runQL has revealed $1.6 million CAD in pre-seed funding as it looks to improve how data and development teams document and manage queries. The round, which consisted of simple...
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AppDirect’s acquisition spree heats up as it reveals plans to purchase vCom...
Canadian-founded, San Francisco-headquartered AppDirect is set to acquire San Ramon, Calif.-based IT lifecycle management software vCom Solutions for an undisclosed amount. AppDirect, which develops...
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Toronto’s rising tech stars have one big thing in common: they worked at Uber
Some of Toronto tech’s most ambitious leaders share a common trait in their Linkedin profiles: working experience at Uber Canada. Since first setting up shop in Canada in 2012, Uber’s focus has been...
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Clio boosted Canadian VC investment in Q3 2024, but early-stage funding...
Despite an uptick in Canadian venture capital investment in Q3 2024, pre-seed and seed investments have sharply declined throughout the year, which the Canadian Venture Capital and Private Equity...
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Scaling infrastructure for a market that never sleeps
BetaKit is proud to present Changemakers, an AWS Startups series spotlighting Canadian tech companies solving complex global challenges. Read part one here. It only takes the hit of a button to buy...
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Manitoba launches new innovation and technology department amid cabinet refresh
The government of Manitoba has launched a new department focused on innovation and technology as part of a cabinet shuffle announced this week. According to a statement issued by the provincial...
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Canadian-led Medeloop closes $15.5 million USD in Inovia-led Series A round
Silicon Valley-based Medeloop has closed $15.5 million USD ($21 million CAD) in Series A financing to support its platform aimed at speeding up clinical research with artificial intelligence (AI). The...
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UniUni secures additional $42.2 million CAD to strengthen US expansion
Richmond, BC-based last-mile logistics tech startup UniUni has closed $30 million USD ($42.2 million CAD) in Series C financing to deepen its push into the United States (US). The all-equity,...
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Neo’s backers, Wealthsimple’s value, and Shopify’s concerns
QUIZ START The post Neo’s backers, Wealthsimple’s value, and Shopify’s concerns first appeared on BetaKit.
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Sonaro, Celestra, Oasis Learning AI among competition winners at SAAS NORTH 2024
SAAS NORTH wrapped its eighth year in Ottawa last week, and as in years past, the 2024 conference showcased a lineup packed with prize money for Canadian software startups. This year, the conference...
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Insurance giant Intact scoops up home maintenance startup Jiffy
Canadian insurance giant Intact Financial Corporation has acquired Toronto-based home maintenance software startup Jiffy for an undisclosed amount. According to a statement issued by Intact, the deal,...
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TechTO acquires Peerscale to broaden support for later-stage tech entrepreneurs
Toronto-based tech community engagement organization TechTO has acquired Toronto-based network Peerscale as it looks to broaden its programming to later-stage entrepreneurs. TechTO’s recently minted...
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Leaders from ZayZoon, Verano.AI, Toast recognized at 2024 Start Alberta Tech...
For the seventh year, Start Alberta spotlighted startup and venture capital leaders from across the province’s tech ecosystem at the 2024 Start Alberta Tech Awards. Since 2018, the awards have been...
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Following Québec launch, NotaryPro brings online, in-store notarization...
Oshawa, Ont.-based legaltech software startup NotaryPro has partnered with Staples Canada to bring its notarization services to the office supply retail company’s website and stores. The partnership...
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Neuralink in Canada, Champagne in the Valley
QUIZ START The post Neuralink in Canada, Champagne in the Valley first appeared on BetaKit.
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FDA clears drug for rare and deadly GI cancer developed by Canadian firm...
The United States Food and Drug Administration (FDA) has approved the use of a cancer-treating antibody originally developed by Vancouver-based biotech company Zymeworks. Dublin, Ireland-headquartered...
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Manzil launches Halal wealth management solution following acquisition of...
Toronto-based Halal-certified FinTech startup Manzil has launched its first wealth management solution through subsidiary Manzil Wealth following its acquisition of Winnipeg-based Canadian Islamic...
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Practice Better looks to opportunistic growth with $18-million CAD credit...
Toronto-based Practice Better has closed a $13-million USD ($18-million CAD) debt facility from CIBC Innovation Banking. The credit facility, which closed in September, will help Practice Better...
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WonderFi and Kraken Canada each break $2-billion CAD mark for assets under...
Two cryptocurrency firms have hit new milestones for client holdings in Canada. Today, Toronto-based WonderFi revealed its Bitbuy and Coinsquare crypto trading platforms have achieved a new record in...
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The painkiller for pharmaceutical reps
BetaKit is proud to present Changemakers, an AWS Startups series spotlighting Canadian tech companies solving complex global challenges. Read part two here. It’s a common situation that’s often...
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Firestarter program goes national with funding from BDC Thrive Lab
An Atlantic Canadian pilot program aimed at supporting women and non-binary founders is officially going national thanks to funding from the Business Development Bank of Canada’s (BDC) Thrive Lab....
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Shareholders file proposed class action alleging Exro misrepresented revenue...
Calgary-based electric vehicle (EV) tech firm Exro Technologies is the target of a potential class-action lawsuit from a group of shareholders alleging the company misrepresented revenue projections...
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Shopify’s federal swing, Hopper trims its wings, Google gets served
QUIZ START Feature image courtesy EAPVA, CC BY-SA 4.0 via Wikimedia Commons. Cropped by BetaKit.The post Shopify’s federal swing, Hopper trims its wings, Google gets served first appeared on BetaKit.
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British Columbia deploys combined $9.2 million into projects tackling...
Two British Columbia (BC) innovation organizations are doling out a combined $9.2 million in funding to projects spanning cleantech and life sciences. The BC Centre for Innovation and Clean Energy...
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Stability and speed: Mastercard’s partnership with Koho
Koho CEO Daniel Eberhard took the stage at the Elevate Festival in October and provided an update on his company’s ongoing work to secure a Schedule 1 banking licence. If successful, Koho will be the...
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Lessons from Wattpad’s $754-million exit
Investor Deck is a six-article series presented by Sage, offering tips for SaaS startups from Canadian VCs. Read the most recent installment here. In the early days of Wattpad, Eva Lau remembers a...
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Markets change. Venture debt doesn’t have to.
Amy Olah vividly remembers the moments in her career when startups faced “extinction-level events.” As Head of Canada and US West Coast Originations at CIBC Innovation Banking, she is constantly tuned...
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Jeff Bezos bets on Tenstorrent, Questrade and Wealthsimple trade markets,...
QUIZ START Feature image courtesy Jim Keller via LinkedIn.The post Jeff Bezos bets on Tenstorrent, Questrade and Wealthsimple trade markets, Shopify’s big BFCM first appeared on BetaKit.
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Meet the Canadians shaping Uber’s global vision
A number of Canadians have risen through the ranks at Uber, bringing lessons from Toronto to global leadership positions. These leaders have taken on roles helping bring Uber to more than 70 countries,...
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The law firm that thinks like a venture fund
Aliya Ramji, co-founder and partner of MT>Ventures, believes that a company’s success is not just decided by the faces on its cap table. “We often think of VCs as being the arbiters of who’s going...
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Google’s quantum leap, Hinton’s Nobel Prize, and Medicago’s second shot
QUIZ START Feature image courtesy The Nobel Foundation via YouTube. The post Google’s quantum leap, Hinton’s Nobel Prize, and Medicago’s second shot first appeared on BetaKit.
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Global AI gets a startup perspective: Insights from ventureLAB’s Garry Chan
Earlier this month, Garry Chan represented Ontario’s hardtech and AI incubator ventureLAB at the Global Partnership on AI Summit in Belgrade, Serbia, which convened from science, public policy, and...
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Why Round13 Capital is betting on venture debt
When Silicon Valley Bank’s (SVB) Canadian assets went up for auction in the summer of 2023 following the California-based, venture-focused bank’s collapse, 13 companies submitted bids to claim either a...
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Test your knowledge of 2024’s biggest Canadian tech news
QUIZ STARTThe post Test your knowledge of 2024’s biggest Canadian tech news first appeared on BetaKit.
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Thirteen Canadian tech mic-drop moments of 2024
QUIZ START Feature image courtesy Unsplash. Photo by Matt Botsford.The post Thirteen Canadian tech mic-drop moments of 2024 first appeared on BetaKit.
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#CDNtech’s 2025 Resolutions: Founders
PRESENTED BY The new year is a clean slate, a time to double down on what works, take a few big swings, and leave the dead weight behind. In partnership with NorthGuide, BetaKit asked Canadian...
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Which tech health trend should you embrace in 2025?
QUIZ START All images courtesy of Unsplash. Feature image by Antonio Araujo. The post Which tech health trend should you embrace in 2025? first appeared on BetaKit.
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Deep tech is thriving in the Maritimes
Iain Klugman might best be known for championing Kitchener-Waterloo’s tech scene. But in recent years, the former Communitech CEO has been taking a closer look at another tightly-knit ecosystem. A...
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Trudeau’s final bow, Bench’s bounceback, 1Password vs. shadow IT
QUIZ START Feature image courtesy 2017 Canada Summer Games via Wikimedia Commons, CC BY-SA 2.0. The post Trudeau’s final bow, Bench’s bounceback, 1Password vs. shadow IT first appeared on BetaKit.
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