PayPal set to acquire Hyperwallet for $400 million
PayPal announced that it is set to acquire HyperWallet, a digital payout provider aimed at the sharing and gig economies, for…
Vancouver
Elastic Path raises $43 million to help large retailers future-proof their ecommerce
Vancouver-based Elastic Path has raised a $43 million CAD Series B led by Silicon Valley-based Sageview Capital, with participation…
Yaletown Partners closes over half of $200 million Innovation Growth Fund
Vancouver-based Yaletown Partners said it has closed over $100 million in initial funding for its Innovation Growth Fund. The…
AVA Technologies raises $2.6 million to launch a soilless smart garden
Vancouver-based AVA Technologies has raised $2.6 million in a seed round meant to support the launch of its smart garden product.…
Bankrupt accelerator Wavefront owes $2.1 million to creditors, documents reveal
Bankrupt startup accelerator Wavefront’s creditors are to meet today, seeking settlement of more than $2.1 million they are…
WeWork opening new Vancouver location in Hootsuite tech hub
WeWork is planning a 43,000 square foot space at 2015 Main Street in Vancouver’s Mount Pleasant area, according to several…
Today in FinTech: nanopay, RentMoola, SecureKey
Over the past few weeks, several FinTechs have made announcements launching new features and partnerships. Here’s the latest…
Today in crypto: OSC and BCSC crack down on unregistered cryptocurrencies, CryptoKitties gets sued
This week was not the best for cryptocurrency companies operating in Canada, with regulators turning their attention to the…
AvenueHQ raises $4.5 million to expand realtor marketing platform across the US
Vancouver-based AvenueHQ, formerly known as Realty Butler, has raised $4.5 million in a second seed round. The round was led…
Dooly.ai raises $2 million to automate admin tasks for sales teams
Vancouver-based Dooly.ai has raised $2 million to help sales professionals reduce time spent on administrative tasks using…
Report: Kik, Wealthsimple among Canada’s 50 most financially attractive tech companies
The Impact Centre at the University of Toronto has released the Narwhal List 2018, a report that highlights Canada’s…
Highline BETA relaunches Female Funders angel investing program with NACO
Highline BETA has announced the relaunch of Female Funders, an education program dedicated to helping women pursue angel investing.…
Out of money, Wavefront shuts down
Vancouver-based business incubator Wavefront has shut down, BetaKit has learned. According to those familiar with the matter,…
Slack reports 8 million daily active users, 3 million paid users
In a Medium post, Slack reported new growth milestones that include 8 million daily active users across 500,000 organizations.…
LocoNoco raises $500,000 to build robot automation platform for developers
LocoNoco has raised a $500,000 funding round with the goal of leading an emerging industry in the developer world: robot software…