Calgary-based Benevity raises $40 million in Series C
Benevity, a global leader in corporate social responsibility and one of the largest startups in the Prairies, has raised $40 million in a Series…
ModiFace, Shoppers Drug Mart partnering on virtual makeup service
Shoppers Drug Mart has a new virtual try-on beauty service thanks to a partnership with augmented reality technology company ModiFace. ModiFace, focused on the…
Luge Capital closes additional $10 million from strategics for FinTech-focused fund
FinTech-focused Luge Capital has closed an additional $10 million for its first fund, bringing the total fund size to $85 million. The new capital…
Snap Projections acquired by FinTech startup WealthBar Financial Services
Snap Projections, a financial planning software startup, has been acquired by Vancouver-based wealth management company WealthBar Financial Services. Terms of the deal were not…
Edmonton-based startup Mover acquired by Microsoft
Mover, an Edmonton-based startup that offers data migration services, was acquired by Microsoft today. Terms of the deal were not disclosed. The announcement was…
Lightspeed to bolster Asia-Pacific presence with acquisition of Australia-based Kounta
Lightspeed POS has entered into an agreement to acquire Kounta Holdings, an Australian, cloud-based POS solution provider for small-and-medium-sized businesses (SMBs) in the hospitality…
Kik app acquired by holding company MediaLab
After a tumultuous few weeks, the Kik app has officially been acquired by US-based holding company MediaLab. Terms of the deal were not disclosed….
Wattpad releases third annual diversity and inclusion survey
Wattpad has released the results of its 2019 Diversity and Inclusion survey, which tracks the identities of the company’s employee base. “The lack of…
Vector Institute, U of T ‘redouble efforts,’ invest in new deep learning faculty
The Vector Institute, on Wednesday, announced plans to work with the University of Toronto to hire three new tenure-stream faculty to be focused on…
Uber Canada says layoffs do not change company’s hiring targets
Following news that Uber has laid off around 350 employees across a variety of teams, affecting Canada and the US, BetaKit has learned that…
Following acquisition LOI, Kik app may be “here to stay”
According to a Tweet from Kik over the weekend, the Kik app may not be shutting down after all, with the company stating “Kik…
Ritual expands into first non-English speaking markets
Ritual, the Toronto-based food ordering and mobile pickup app, announced on Monday that the company has expanded international operations into its first non-English speaking…
CVCA pens open letter to federal party leaders with three election asks
The Canadian Venture Capital and Private Equity Association (CVCA) published an open letter on Wednesday addressed to the major federal party leaders, outlining the…