FTEX raises $485,000 to increase efficiency of electric vehicles through its motor tech
Montréal-based motor-tech company FTEX has raised $485,000 in a pre-seed, all-equity SAFE funding round that closed in August.…
Canadian Startup News
Twitter eyes Canada as product launchpad amid developer hiring spree
Throughout 2021, scores of global tech companies have signalled their intentions to grow their presence in Canada. Among these…
How SAAS NORTH plans to lead Canadian tech events back to IRL
For the BetaKit Podcast’s Black Swan series, we talked to a lot of Canadian tech events that had to either shutter or…
Carbon Upcycling Technologies, Adaptive Pulse among startups recently chosen for competitions, accelerators
A number of Canadian startups have recently been selected to take part in accelerators and competitions, including those of…
FinTech startup Propel Holdings aims to raise $60 million in TSX IPO
Toronto-based FinTech startup Propel Holdings is launching an Initial Public Offering (IPO) on the Toronto Stock Exchange,…
LifeSpeak to acquire ALAViDA, extending solutions to address substance use
LifeSpeak, a Toronto-based employee wellness software company, has entered into an agreement to acquire ALAViDA for $12 million,…
Pani Energy raises $8 million to bring water treatment tech to global market
Pani Energy, a SaaS startup based in Victoria, British Columbia, has raised $8 million CAD in what the company classified as…
Coveo acquires England’s Qubit to extend European e-commerce reach
The artificial intelligence (AI) powered personalization e-commerce company, Coveo, has acquired London, U.K.-based Qubit for…
EdTech startup Thinkific files offering with potential to raise $300 million
The EdTech startup Thinkific Labs Inc. has filed a preliminary and final short form base shelf prospectus that would offer…
Pathway raises $1.6 million to make medical knowledge more accessible
Pathway, a Montréal-based Healthtech startup, has raised $1.6 million CAD in its first round of financing to bolster its clinical…
Thomson Reuters launches $100 million corporate venture capital fund
Thomson Reuters has unveiled a new, $100 million USD corporate venture capital fund, through which it intends to back innovative…
Shopify partners with Microsoft, Oracle, Infor to launch global ERP program
Canadian e-commerce unicorn Shopify has entered into a deal with global enterprise resource planning (ERP) partners to launch…
BetaKit Live: Solving the developer-security divide
In our last BetaKit Live on the subject, cybersecurity experts noted that the “pipeline” to develop a diverse set of cybersecurity…
Freshii inks deal to acquire Natura Market
Freshii is set to acquire a majority stake in Natura Market for $5.7 million CAD. In this deal, Freshii has agreed to acquire…
EnPowered launches new payments platform to boost cleantech adoption
Kitchener-Waterloo-based cleantech startup EnPowered has unveiled a new payments platform designed to make it easier for its…