toronto | BetaKit

Former Plooto CEO Hamed Abbasi on trial for alleged sexual assault

Abbasi’s trial began this week at the Ontario Court of Justice in Toronto.

Financing to support platform development, sales capacity, and potential mergers and acquisitions.

Champagne: “I will dedicate my energy … to defend Canadian businesses.”

Corporate VPN startup has seen rapid growth amid strong demand from AI companies.

Shopify continues habit of adding founders to its team.

Funding will be used to broaden product suite and attract talent.

Plus: Big acquisition week for 1Password, Humi, and Carbon6.

Media tech firm went private last year to alleviate “financial and administrative burden” of public markets.

Your job search just got an upgrade.

Cohere’s answer to Microsoft Copilot and Google Vertex already has a partnership with RBC.

UK and Toronto-based startup applies proteomics and AI to blood tests.

Financing pushes Vancouver startup closer to clinical trials targeting diabetes, liver disease.

Sources told BetaKit the purchase price is $155 million CAD.

Atlantic Canada is emerging as a global hardware powerhouse.

The deal marks 1Password’s largest-ever acquisition by company revenue.