Canadian startup news of the week (8/02/21)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
toronto
Maple looks beyond public markets for growth and scale
With heavy competition in Canada, telemedicine startup Maple has turned its attention away from the public markets towards…
Acquisition roundup: Clio, ChainSafe, Versaterm, Obie, Covience, SquareFeet.ai, LifeLearn Animal Health
Seven Canadian tech companies have recently made acquisitions or have been acquired, including Clio, ChainSafe, Versaterm,…
NACO, Bay Mills Investment Group partner to create new investment group for Black entrepreneurs
The Bay Mills Investment Group (BMIG) and the National Angel Capital Organization (NACO) have partnered to create the Black…
H|T: The Healthtech Times – New ventures for WELL Health
The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe. Subscribe to H|T using…
Funding roundup: Voiceflow, Cold Bore, Kraken Robotics, Spark, Novamera, QuoteToMe
Six Canadian tech companies have recently secured fresh funding to fuel their growth. Here’s the latest on who raised money,…
Antler eyes $30 million fund as part of Canada expansion
Singapore-based venture firm Antler says the recent increase in homegrown Canadian success stories led to its decision to expand…
Silofit secures $15.25 million CAD to bring micro-gym model to United States
Montréal-based startup Silofit, which offers a network of micro-gyms, has raised $12.75 million CAD ($10.25 million USD) in…
MindBeacon sees revenue increase in Q2 as it ramps up for international expansion
During Q2 2021, Toronto-based healthtech company MindBeacon increased its revenue by 154 percent year-over-year, generating…
Shopify surpasses $1 billion quarterly revenue milestone in Q2 2021 results
Canadian ecommerce giant Shopify announced its first-ever $1 billion revenue quarter today driven primarily by soaring gross…
Deep Genomics secures $226 million CAD led by SoftBank as it scales AI drug discovery platform
Deep Genomics has secured $226 million CAD ($180 million USD) as the startup has increased the number of drug candidates it…
A|I: The AI Times – (Deep)Mindful of every protein
The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the…
1Password claims $2.5 billion CAD valuation in new round as investors rave about “generational security software business” opportunity
1Password has raised $125 million CAD ($100 million USD) in its latest round of financing, as the password manager startup…
Following rebrand, Notch raises $12.5 million CAD to bring restaurant supply chain software to new markets
Toronto-based startup Notch has secured $12.5 million CAD ($10 million USD) in funding, as the startup looks to expand its…
Wealthsimple adds Inovia partner, former Google exec Patrick Pichette to board of directors
Inovia partner, and former Google executive, Patrick Pichette has joined Wealthsimple’s board of directors. Pichette currently…