BetaKit - Canadian Startup News & Tech Innovation

SVB | BetaKit

By Meagan Simpson March 15, 2023

Regulators force Silicon Valley Bank Canada into liquidation, paving way for auction

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SVB | BetaKit

By Charles Mandel March 13, 2023

As regulators take over SVB Canada, companies still have questions about impact

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Dan Breznitz

By Douglas Soltys March 11, 2023

Dan Breznitz unmuzzled: Canada Innovation Corporation architect explains how we got here

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women in tech

By BetaKit March 8, 2023

An incomplete list of Canadian tech programs and organizations supporting women’s initiatives

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women at work

By BetaKit March 8, 2023

Ten things worth reading on International Women’s Day

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LATEST NEWS

Magnet Forensics office

Canadian Startup NewsMarch 23, 2023<March 23, 2023

Magnet Forensics shareholders approve $1.8 billion Thoma Bravo acquisition as campaign against deal proves unsuccessful

by Josh Scott

Despite vote, dissenting shareholder says “this is not the end of the road for us.”

Quebec Finance Minister Eric Girard

Canadian Startup NewsMarch 23, 2023<March 23, 2023

Québec budget aimed at stimulating the economy with investments in tech sectors, skilled labour

by Olivia Collette

Cleantech, FinTech, AI, and quantum sciences are getting attention.

Google search

Canadian Startup NewsMarch 23, 2023<March 22, 2023

Shopify enterprise merchants can now use Google’s AI tools to improve searchability

by Charlize Alcaraz

Google Cloud’s integration increases access to Google’s search and browsing technologies.

Google Home and Amazon Echo

NewslettersMarch 23, 2023<March 22, 2023

A|I: The AI Times – OpenAI unveils GPT-4 as Google-backed Anthropic launches Claude

by Alex Riehl

Plus: How did Siri, Google, and Alexa lose their lead?

Canadian Startup NewsMarch 22, 2023<March 22, 2023

Vertu Capital closes first private equity fund with over $300 million

by Josh Scott

Led by ex-OMERS veteran Lisa Melchior, Vertu is Canada’s first woman-founded PE firm.

Canadian Startup NewsMarch 22, 2023<March 22, 2023

Evol receives nearly $10 million from Canadian Economic Development to support diverse Québec entrepreneurs

by Ryan O'Connor

Diverse businesses are 70 percent more likely to break into new markets.

Canadian Startup NewsMarch 22, 2023<March 22, 2023

Noze receives $1 million grant from Bill & Melinda Gates Foundation to build TB- and malaria-detecting breathalyzer

by Olivia Collette

The startup’s digital odour perception platform was used during the COVID-19 pandemic.

Canadian Startup NewsMarch 22, 2023<March 22, 2023

Symend reduces team by 25 percent in restructuring, four months after $54 million round

by Josh Scott

Latest cuts come after Symend laid off 13 percent of staff late last year.

Yoshua Bengio Mila

Canadian Startup NewsMarch 22, 2023<March 21, 2023

Mila, UNESCO warn against use of AI in “harmful contexts” in joint book on AI governance

by Charlize Alcaraz

Joint book addresses lack of accountability, transparency in AI training models.

Magnet Forensics office

NewslettersMarch 22, 2023<March 21, 2023

S|W: The SaaS Weekly – Magnet Forensics proxy advisors split on takeover

by Alex Riehl

Is Meta slowing down on Canadian hires post-layoffs?

Canadian Startup NewsMarch 21, 2023<March 21, 2023

Canada Drives undergoing restructuring as it files for creditor protection

by Charlize Alcaraz

“The rising costs of holding inventory…has made this specific business model no longer viable.”

Haply 1

Canadian Startup NewsMarch 21, 2023<March 21, 2023

Haply Robotics secures $4.8 million CAD seed round to develop tactile tech used for surgical training, gaming

by Olivia Collette

Funds will go towards fine-tuning Haply’s Inverse3 device.

Canadian Startup NewsMarch 21, 2023<March 21, 2023

BBTV among 10 BC orgs receiving total $25.7 million from PacifiCan to help job retention amid tech layoffs

by Charlize Alcaraz

Over 500 jobs are expected to be created from the investment.

Hockeystick BC

Canadian Startup NewsMarch 21, 2023<March 21, 2023

BC suffered biggest year-over-year venture funding drop among all Canadian ecosystems in 2022

by Isabelle Kirkwood

Investment in the province’s tech startups fell by 67 percent in 2022.

Canadian Startup NewsMarch 21, 2023<March 21, 2023

FreshBooks lays off 10 percent of staff as company targets profitability

by Josh Scott

FreshBooks’ second round of layoffs since December sees third C-suite exec depart in past year.

The BetaKit Podcast

Raine Maida Our Lady Peace

Dan Breznitz

Chris Neumann Panache Ventures

AI chatbots run amok

Indigo bookstore

generative image prompted by Alistair Croll

Raine Maida Our Lady Peace

Dan Breznitz

Chris Neumann Panache Ventures

AI chatbots run amok

Indigo bookstore

generative image prompted by Alistair Croll

Podcasts

Raine Maida and Senator Deacon discuss Big Tech’s control over digital creators (and the news)

by Douglas Soltys

Big Tech controls the discovery and distribution of Canadian content. What’s a democracy to do?

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Podcasts

Dan Breznitz unmuzzled: Canada Innovation Corporation architect explains how we got here

by Douglas Soltys

What the CIC is missing, who might make a good CEO, and why the Crown corp. comes with carrots and sticks.

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Podcasts

Panache’s Chris Neumann on FounderFuel’s return and “shitty” VC behaviour

by Douglas Soltys

“Myself and every other investor I know has a long list of people we will not deal with again.”

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Podcasts

Generative AI will test what’s worse: biased data or user bad faith

by Douglas Soltys

Is AI ready for users willing to fuck around and find out? Are we?

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Podcasts

The Indigo hack is bad. Will AI make cyber threats worse?

by Douglas Soltys

Plurilock CEO Ian Paterson discusses the economics of AI cyber threats and Canada’s response with Bill C-26.

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Podcasts

What comes after the attention economy?

by Douglas Soltys

Kate Bush and Girl Talk point to new outcomes and priorities.

Listen Now