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…
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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…
Lumira Ventures closes $276 million CAD for fourth fund
Toronto-based Lumira Ventures has raised $276 million CAD ($220 million USD) for Fund IV, which Lumira claims is “the largest…
Firmex acquired by US-based Datasite in Vertu Capital’s first exit
Toronto-based virtual data room (VDR) company Firmex has been acquired by fellow VDR provider Datasite. The financial details…
Ready to launch: how StarSpec is building the bits to get us to space faster
Last year, for the first time in human history, humans were sent into space in a vehicle not built or owned by a government.…
Canadian startup news of the week (7/25/21)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
Funding roundup: Conquest Planning, Amphy, XCO, OceanSync
Four Canadian tech companies have recently secured fresh funding to fuel their growth. Here’s the latest on who raised money,…
Today in acquisitions: Paymi, EchoLotto, EssayJack, Company Capital, Allocadia, Pluribus
Six Canadian tech companies have recently made acquisitions or have been acquired, including Paymi, EchoLotto, EssayJack, Company…
Salesforce completes acquisition of Slack
Vancouver-founded Slack has officially been acquired by Salesforce, nearly eight months after Salesforce announced plans to…