Clean energy investing startup CoPower to be acquired by Vancity Community Investment Bank
CoPower, a clean energy investing startup, is set to be acquired by Vancity Community Investment Bank (VCIB), a Toronto-based…
toronto
Lightspeed reports 51% revenue growth in fiscal Q2 2020
Lightspeed POS has announced its financial results for the second quarter of the fiscal year 2020. The results cover two fiscal…
Looka lays off 80 percent of staff as failed rebrand from Logojoy cut revenue in half
Looka, the Toronto-based startup that uses artificial intelligence and machine learning to design logos, has laid off 80 percent…
Facedrive in strategic partnership with Will Smith, Jada Pinkett Smith’s content company
Toronto-based ridesharing company Facedrive has made an investment in Westbrook Global, a content creation company co-founded…
Canadian immigration policy meets the 4th Industrial Revolution
It goes without saying that the skills needed to support the Canadian economy 10 years ago are not the same today, nor will…
Chip startup Untether AI announces $9.2 million in funding closed in May
Toronto-based chip startup Untether AI recently announced that it has raised an additional $9.2 million CAD ($7 million USD),…
BDC spinout Amplitude Ventures closes half of newly-launched $200 million health fund
Amplitude Ventures, a Montréal-headquartered investment firm focused on health and the life sciences sectors has announced…
Planswell CEO attributes company downfall to “social media storm” in investor email
An email to Planswell investors obtained by BetaKit sheds new light on the recent demise of the Toronto-based FinTech startup.…
Today in funding ($27.8 million): CTO.ai, MindBeacon
Two Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much,…
Diagram-backed Collage acquired by People Corporation
Winnipeg-based group benefits and human resource provider People Corporation has announced its acquisition of Collage, a cloud-based…
H|T: The Healthtech Times – An AI future for health
The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe. Subscribe to H|T using…
Planswell shuts down
Toronto-based FinTech startup Planswell is no more. In a notice posted on the company’s website, Planswell indicates that…
RenoRun raises $22.5 million Series A
A short 13 months after closing its seed round, RenoRun, the Montreal startup that connects construction workers with on-demand…
Canadian startup news of the week (11/03/19)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
Conexus hits $30 million fund target to support “forgotten” startups
The Conexus Venture Capital Fund, launched earlier this year by the Regina-based Conexus Credit Union, has reached its $30…