Sleep Country acquires 25 percent stake in blackout curtains manufacturer Sleepout
Major Canadian sleep retailer Sleep Country has signed an agreement to purchase a 25 percent stake in Sleepout, a Toronto-based…
toronto
Shabodi secures $3.3 million to accelerate deployment of next-generation 5G solutions
Toronto-based Shabodi has raised $3.17 million USD in what it classifies as an oversubscribed seed round led by Blumberg Capital,…
Whitecap Venture Partners closes $140 million Fund V to invest across Canada
Whitecap Venture Partners has secured $140 million CAD for its fifth fund, which will invest in early-stage B2B SaaS and medtech…
R|T: The Retail Times – Life House looks to stop hotel bleeding
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe. Subscribe to R|T using…
Nuvei shares drop amid short seller report
Payment processing company Nuvei saw its shares on the Toronto Stock Exchange (TSX) and Nasdaq fall rapidly today as a short-seller…
NACO names Backbone Angels’ Arati Sharma 2021 Angel of the Year
Former Shopify senior leader and current founding partner of Backbone Angels Arati Sharma has been named Canada’s Angel…
A|I: The AI Times – Inside the Canadian AI for VFX studio behind WandaVision
The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the…
Wealthsimple Trade to launch ‘Plus’ tier, sunset ‘Premium’ offering, streamline US trading
Did someone say rundle?
Tech panel thinks Canadian startups are ready to move from defence to offence in 2022
With over $1.6 billion invested in Toronto area startups and nearly $1 billion invested in Vancouver startups in Q3 2021 alone,…
AlayaCare bolsters C-Suite, board to support next phase of growth
Montréal-based healthtech startup AlayaCare has made a series of new additions to its leadership team, adding some seasoned…
Ritual alumni launch GoodGood with $6.5 million to scale commerce for local food and drink makers
Ritual’s co-founder Robert Kim and former senior director of partnerships Kris Linney have co-founded a new Toronto-based…
S|W: The SaaS Weekly – Ontario judge swipes left on Tinder sale lawsuit appeal
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Payment Rails rebrands to Trolley, closes $7 million Series A to expand reach of global payouts platform
Montréal-based FinTech startup Payment Rails has rebranded as Trolley and secured $7 million CAD in Series A financing to…
Inside the rise of Canadian venture studios
Over the last seven years, the number of global venture studios has increased by 625 percent, and Canada is no exception to…
Canadian startup news of the week (12/05/21)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…