BetaKit’s most-read March stories show #CDNtech sector struggles continue as government innovation promises continue to lag
SVB’s collapse kicked off a month that included new layoffs, bankruptcies, and AI disruptions.
SaaS
Magnet Forensics to delist from TSX as $1.8 billion merger deal closes
Magnet Forensics acquisition closes following opposition to the deal.
High performance computing platform Agnostiq closes $8.22 million CAD seed extension
The startup received $2 million USD in seed funding in 2021.
Meet the Canadian startups participating in Y Combinator’s Winter 2023 Demo Day
A total of 282 companies participated globally.
Saskatoon-based Fidu places third at American Bar Association pitch competition
It was among five Canadian startups to be named as finalists for the pitch competition.
S|W: The SaaS Weekly – RenoRun’s “Hail Mary” deals fail to save it from creditor protection
Plus: 2023 Federal budget focuses on cleantech.
One year in, competition in Ontario’s iGaming market remains red hot
Cutthroat competition and tighter rules on advertising are forcing operators to compete on unique features in Ontario’s $1.4…
Janet Bannister launches Staircase Ventures with $22 million first close
Bannister strikes out on her own after stepping back from Real Ventures.
PureFacts acquires Xtiva to bolster its revenue management solutions
The combined company will offer a complete revenue management platform.
S|W: The SaaS Weekly – Magnet shareholders ignore critics, back acquisition
How 1Password plans to build a passwordless future.
Toronto’s Hypercare sole Canadian startup selected for AWS healthcare accelerator
The healthcare coordination platform among the cohort of 23 companies chosen to participate.
Nulogy raises $20 million to make collaboration easier for multiple companies in a supply chain
Nulogy is appealing trade secret misappropriation complaint against US client that was dismissed in 2022.
Birdseye raises $500,000 to help Shopify businesses automate marketing strategies using AI
Birdseye’s platform generates marketing plans with step-by-step instructions.
RenoRun files for creditor protection after failed pursuit of “Hail Mary” deals to save company from insolvency
The filing follows four attempts to raise bridge financing and multiple rounds of layoffs.
Carbon Neutral Club secures $1.4 million to incentivize employees to help companies meet climate targets
Startup sees employee action as missing piece for orgs looking to reduce emissions.