WonderFi Q2 earnings show widening losses ahead of Robinhood takeover
A volatile crypto market has affected the Canadian startup’s final months of independence.
Ontario
Healwell plans to offload research, patient businesses as it focuses on AI
Both Healwell and parent company Well Health reported record earnings in Q2.
Cohere secures $500 million USD at $6.8-billion valuation, hires former Uber and Meta execs
Chip giants AMD and Nvidia return as Canada’s Radical Ventures and Inovia co-lead.
US-based Landbase buys team and tech behind Canada’s Adauris to advance AI roadmap
Canadian-founded Landbase says Adauris alums will help it bring “vibe AI” to inbound marketing.
BinSentry raises $68.8-million CAD Series C as it brings remote animal feed monitoring platform to Brazil
Kitchener agtech company claims it has 100 percent year-over-year growth with no customer churn.
YSpace is turning Toronto and York Region into a springboard for Hong Kong startups
The innovation hub’s new partnership is opening doors between Canada’s tech sector and Asia.
How Collectr bootstrapped a trading card hobby into an eight-figure business
Former Doorr founders’ new app has amassed four million users in four years, including new advisor Steve Aoki.
Waabi hires Uber Freight CEO to lead commercialization of self-driving trucks
Lior Ron appointed as COO as Waabi looks to transition from R&D to deployment.
Clutch opens BC facility as it hits the gas on renewed Western Canada expansion
Online used car retailer gears up to scale its presence in Richmond over the next two years.
NordSpace breaks ground on new Atlantic Spaceport Complex in Newfoundland
Complex just outside of a small fishing town to support Canada’s first commercial space launch later this month.
OpenText replaces longtime CEO Mark Barrenechea as it considers selling off “non-core assets”
James McGourlay takes over as interim CEO after company reports stalled revenue growth in its latest earnings.
Zenbooks co-founder launches OpenSME to rally Canadian small businesses behind open banking
Accountant-turned-advocate Eric Saumure wants Canada to get open banking right for small business.
How Canada can be a leader in space (and save the world)
Highlights from BetaKit Town Hall: Most Ambitious with NordSpace, Deep Sky, Xatoms, MycoFutures, and Verto Health.
Propel posts another record quarter as Thinkific begins courting larger customers in Q2
Propel soars on continued demand, while Thinkific posts modest gains and looks upmarket.
Crypto giant Ripple to acquire stablecoin payments platform Rail for $275 million CAD
Ripple says acquisition will help drive stablecoin innovation and adoption in global payments.