Healwell plans to offload research, patient businesses as it focuses on AI
Both Healwell and parent company Well Health reported record earnings in Q2.
Toronto
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.
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.
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.
Harvey to bring AI legal platform to Canada with new Toronto office
The US company also plans to build Toronto into “a core development engine.”
Cohere pitches security and productivity with general release of North enterprise AI platform
Co-founder Nick Frosst reiterates that return on investment is Cohere’s priority.
Why tech managers are earning their Green Belt
Lean Six Sigma is bringing structure, speed, and strategy to tech teams.
Blue J raises $167.4-million CAD Series D after AI tax research platform more than doubles revenue
Funding to bolster Toronto startup’s team expansion, product development, and market reach.