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Charlize Alcaraz

Charlize Alcaraz

Charlize Alcaraz is a staff writer for BetaKit.

Xanadu

Xanadu closes $100 million USD Series C as quantum computing firm becomes Canada’s latest unicorn

November 9, 2022

Xanadu wants to bring the first commercially available quantum computers to market.

Meta

Meta mass layoffs hit Canada less than a year after major expansion plans

November 9, 2022

Canadian teams affected include client relations, human resources, among others.

P&P Optica

Federal government invests $2.4 million in P&P Optica to help meat processors automate food safety

November 7, 2022

PPO’s systems can detect and remove objects like plastics, rubber from food.

QueerTech

QueerTech launches hybrid conference for 2SLGBTQS+ tech

November 7, 2022

Named QT Qonference, the event will take place from November 10 to 11.

OnCall Health circa 2022

OnCall Health acquired by US-based SaaS provider Qualifacts

November 4, 2022

Prior to its acquisition, OnCall has raised around $10.5 million CAD.

Google Montréal

Google opens new Montréal office, commits $2.75 million to Québec tech

November 3, 2022

Google finally opens new Montréal office after big 2020 commitment to expand in Canada.

Audette raises $12.8 million CAD to ‘level up’ decarbonization of buildings

November 3, 2022

The Victoria-based startup plans to expand from five to 150 North American cities.

Snowflake Toronto HQ opening

Snowflake opens Toronto HQ, engineering hub to expand investment in Canada

November 2, 2022

Billion-dollar US company makes it snow early in Toronto.

Shopify acquires Remix to bolster its headless commerce framework

October 31, 2022

Latest acquisition meant to remix Shopify’s own framework tool for building storefronts.

Mogo

Mogo at risk of being delisted from Nasdaq for sub-$1 USD share price

October 31, 2022

The Vancouver FinTech startup has 180 days to get over $1 USD.

WillowTree

Telus International to acquire product development shop WillowTree for $1.2 billion USD

October 27, 2022

WillowTree’s clients include Fox, CBC, PepsiCo.

Certn acquires Australian firm InterCheck to bolster suite of background screening solutions

October 27, 2022

Certn also acquired another competitor in the UK in January, Credence.

Workflow SaaS integrator Unito raises $20 million to build more integrations

October 27, 2022

Unito wants to break into more SaaS categories, starting with support tools.

Wealthsimple Crypto

Wealthsimple becomes first regulated Canadian crypto platform to offer staking

October 26, 2022

“We continue to push the boundaries…and have lots more in store.”

WATI co-founders

Shopify makes investment in Hong Kong startup WATI’s $23 million Series B round

October 26, 2022

WATI represents Shopify’s first investment in a Southeast Asian firm, but not in customer relations.

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