Canadian startup news of the week (5/16/21)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
F|T: The FinTech Times – Mogo gobbles more
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Google commits $2 million to prepare young Canadian workers from underserved communities for tech careers
Google Canada has committed $2 million CAD to four nonprofits, NPower Canada, Pathways to Education, the Toronto Public Library,…
BBTV bullish on outlook following YoY revenue growth in third earnings report since TSX IPO
During the first quarter of 2021, BBTV Holdings, the holding company behind Vancouver-based BroadbandTV, generated $107 million…
Mogo to nearly double stake in Coinsquare to 37 percent
Vancouver FinTech company Mogo has announced plans to increase its ownership position in Coinsquare by purchasing an additional…
BlackBerry expands partnership with University of Waterloo to support students, R&D, commercialization
BlackBerry has partnered with the University of Waterloo to launch a new, five-year, “multi-million dollar” innovation…
H|T: The Healthtech Times – Canada’s healthtech hotbed
The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe. Subscribe to H|T using…
Think Research sees record Q1 revenue following acquisitions
During the first quarter of 2021, Toronto-based healthtech company Think Research achieved record revenue of $8.4 million CAD,…
Magnet Forensics sees revenue, profit growth in first earnings report since going public
During the first quarter of 2021, Kitchener-Waterloo’s Magnet Forensics saw its annual recurring revenue (ARR) grow by 44…
Agnostiq secures $2.4 million CAD to accelerate development of quantum computing software
Toronto-based software startup Agnostiq has raised a $2.4 million CAD ($2 million USD) seed round to bolster its quantum computing…
Relay Financial secures $18.2 million CAD to bring financial management solution to more SMBs in US
Toronto-based FinTech software startup Relay Financial has raised an $18.2 million CAD ($15 million USD) Series A round to…
R|T: The Retail Times – Shopify’s non-aggression network
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe. Subscribe to R|T using…
DoorDash to expand Canadian presence with new Toronto engineering hub
American last-mile delivery platform DoorDash has announced plans to launch a new engineering hub in Toronto and hire 50 engineers…
Job posting indicates MasterClass plans to open new engineering hub in Kitchener-Waterloo
San Francisco-based edtech startup MasterClass plans to open a new engineering hub in the Kitchener-Waterloo area, BetaKit…
DMZ expands programming for women entrepreneurs, launches networking platform
Toronto incubator DMZ has unveiled a new community networking platform, the Women Founders Launchpad, as part of the tech hub’s…