Espresso Capital secures $200 million USD credit facility to fund tech firms in red-hot venture debt market
Espresso Capital has closed a $200 million USD credit facility from KeyBank, a Cleveland, Ohio-based financial institution.…
Canadian Startup News
Telesat makes TSX, Nasdaq debut
Canadian global satellite operator Telesat became a public company on two exchanges as it looks to bring faster broadband by…
Bessemer’s Alexandra Sukin shares best-in-class SaaS strategies
Metrics matter when assessing potential investments, but when it comes to assessing potential investments every company is…
What To Expect From Your Lead Investor
As Jim Franklin, then the CEO of SendGrid, was getting ready to participate in the Hawaii Ironman, he had some concerns about…
BetaKit Live: How to drive growth and innovation through impact investing
One year ago, TELUS announced a $100 million commitment to invest in entrepreneurs addressing the biggest challenges in health,…
How a shift in strategy took once-struggling Looka back to profitability
In the fall of 2019, Toronto-based Looka was facing major difficulties. By that time, the startup, whose core product was an…
L-SPARK’s Leo Lax: Canadian SaaS has “arrived”
The SaaS industry in Canada has “arrived,” according to L-SPARK managing director Leo Lax. In an interview with BetaKit…
Northleaf Capital Partners to launch new technology fund
Northleaf Capital Partners announced it has raised an additional $4 billion USD in commitments over the last year, and an as-of-yet…
Coveo makes strong debut on the Toronto Stock Exchange
Coveo made its Toronto Stock Exchange debut on November 18, with its share price quickly rising from its confirmed pricing…
Maturing Canadian tech ecosystem still dependent on government support: RBCx’s Anthony Mouchantaf
RBCx’s director of venture capital, Anthony Mouchantaf, said that rich valuations and a frothy market are signs that Canadian’s…
Shopify CEO Tobi Lütke’s Thistledown Foundation donates $26 million to children’s hospitals
Thistledown Foundation, a philanthropic organization founded by Shopify CEO and founder Tobias Lütke, with his wife Fiona…
Ontario delays launch of digital ID program until 2022
The Ontario government has delayed the launch of its digital ID program until 2022. As reported by CTV News, the program was…
Klir raises $20.1 million CAD to help cities, utilities better manage water
Klir, a management platform for water utilities, is awash with new funding after it announced a $16 million USD ($20.1 million…
Judo scores $3.8 million CAD to expand no-code mobile app development solution beyond sports
Toronto-based software startup Judo has raised $3.8 million CAD ($3 million USD) in seed financing to meet demand for its mobile…
HiMama rakes in $70 million baby bonus to pursue growing childcare market
HiMama, a childcare centre software solutions provider and Certified B Corp, just got a large baby bonus thanks to a $70 million…