BetaKit - Canadian Startup News & Tech Innovation

By Meagan Simpson August 4, 2022

Kirk Simpson, Peter Carrescia team up to raise $6.5 million CAD with an idea to disrupt the digital identity space

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By Meagan Simpson July 29, 2022

Clearco cuts a quarter of staff amid “significant headwinds”

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By Josh Scott July 28, 2022

Portage Ventures rolls out new late-stage FinTech fund, aims to raise up to $1 billion USD

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By Meagan Simpson July 27, 2022

Coinsquare lays off 24 percent of staff amid turbulent crypto market, shifted focus to regulation

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Shopify Unite Tobi Lütke

By Meagan Simpson July 27, 2022

Shopify’s Q2 2022 growth continued to slow amid changing e-commerce market conditions

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LATEST NEWS

Canadian Startup NewsAugust 8, 2022<August 7, 2022

With a new team, Framework Venture Partners secures $100 million USD first close for second fund

by Meagan Simpson

Barbara Dirks, Jim Texier, Mike Dobbins join for Fund II, target $250M final close.

Canadian Startup NewsAugust 8, 2022<August 5, 2022

Properly secures $36 million CAD, pulls back on geographic expansion plans as Canadian housing market cools

by Josh Scott

Provincial expansions across BC, Ontario, and Québec have been pinned in favour of focus on Toronto and Vancouver.

NewslettersAugust 8, 2022<August 7, 2022

F|T: The FinTech Times – Wealthsimple’s growth stalls, Robinhood’s retail investors flee

by Michael Edgar

Plus: Kirk Simpson, Peter Carrescia team up with an idea to disrupt the digital identity space.

Canalyst founders James Rife and Damir Hot

NewslettersAugust 8, 2022<August 7, 2022

Canadian startup news of the week (8/7/22)

by Michael Edgar

Plus: Sandpiper Ventures closes $20 million first fund focused on early-stage, women-led tech startups.

Hockeystick BC

PodcastsAugust 7, 2022<August 7, 2022

Tracking the tech downturn across Canada with data

by Douglas Soltys

When the party winds down, the hangover is fast to follow.

Article

Canadian Startup NewsAugust 5, 2022<August 5, 2022

D2C startups not immune to downturn as Article, Mejuri make staff cuts

by Charlize Alcaraz

Article and Mejuri have cut their workforces by 17 and 10 percent, respectively.

uberflip

Canadian Startup NewsAugust 5, 2022<August 5, 2022

Uberflip CEO attributes company layoffs to “unsteady economy”

by Meagan Simpson

Uberflip laid off 31 employees.

Canadian Startup NewsAugust 5, 2022<August 4, 2022

Scale Without Borders wants to bring Canada’s immigrant tech community together in November summit

by Charlize Alcaraz

Last year’s summit spanned three days and saw 1,000 registrants.

NewslettersAugust 5, 2022<August 5, 2022

H|T: The Healthtech Times – Making your baby cry… for science

by Michael Edgar

Plus: Could the Theranos that was promised come from Sudbury?

Canadian Startup NewsAugust 4, 2022<August 4, 2022

RenoRun lays off 12 percent of staff, pauses geographic expansion amid uncertainty surrounding consumer spending

by Josh Scott

CEO: “There’s just a level of uncertainty right across the board.”

Lightspeed payments

Canadian Startup NewsAugust 4, 2022<August 4, 2022

Lightspeed’s revenues increase even as its losses widen in fiscal first quarter for 2023

by Charles Mandel

Lightspeed’s results were better than expected.

Canadian Startup NewsAugust 4, 2022<August 4, 2022

Nubik becomes latest Canadian tech firm acquired by Deloitte

by Charlize Alcaraz

Nubik specializes in Salesforce, FinancialForce, and Rootstock Cloud ERP.

Canadian Startup NewsAugust 4, 2022<August 4, 2022

Kirk Simpson, Peter Carrescia team up to raise $6.5 million CAD with an idea to disrupt the digital identity space

by Meagan Simpson

OMERS, Wittington, and Round13 have all backed Qui Identity.

Canadian Startup NewsAugust 4, 2022<August 4, 2022

Sandpiper Ventures closes $20 million first fund focused on early-stage, women-led tech startups

by Josh Scott

Sandpiper sees “huge … and untapped opportunity” to back more women entrepreneurs amid market downturn.

NewslettersAugust 4, 2022<August 3, 2022

R|T: The Retail Times – Shopify’s bet didn’t pay off

by Michael Edgar

Plus: Has the scooter boom finally gone bust?

The BetaKit Podcast

Hockeystick BC

Tobi Lütke Shopify

Mark McQueen CIBC Innovation Banking

Bobbie Racette, CEO, Virtual Gurus, 2022

startupfest

Anthony Lacavera

Hockeystick BC

Tobi Lütke Shopify

Mark McQueen CIBC Innovation Banking

Bobbie Racette, CEO, Virtual Gurus, 2022

startupfest

Anthony Lacavera

Podcasts

Tracking the tech downturn across Canada with data

by Douglas Soltys

When the party winds down, the hangover is fast to follow.

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Shopify stumbling, Rogers resilient, recession fundraising

by Douglas Soltys

All bets are off.

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Mark McQueen thinks it’s a great time to have a chequebook

by Douglas Soltys

The President of CIBC Innovation Banking is not concerned about the current tech downturn.

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Solving the lack of access to capital for Indigenous entrepreneurs

by Douglas Soltys

What has changed in the Reconciliation Economy in the last year?

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Why Startupfest is a tech company now

by Douglas Soltys

Summer camp for Canadian tech is back.

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Inside Anthony Lacavera’s fight for Freedom Mobile

by Douglas Soltys

Welcome to Competitiontown.

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