Tech leaders like Shopify are TV-ifying the traditional company meeting

The post-COVID era has given rise to TV-ifying the traditional video conference, where meetings look less like a Zoom call and more like a high-production show. | Continue reading


@betakit.com | 1 year ago

Québec’s New French Bill Prompts Letter of Concern from Tech Business Leaders

The Canadian Council of Innovators (CCI) has sent a letter to the Québec government protesting Bill 96. | Continue reading


@betakit.com | 1 year ago

Shopify will acquire Snap to dominate social commerce, says NYU business prof

In the latest episode of Pivot, Scott Galloway made several predictions about e-commerce platforms buying social media companies, including Shopify potentially acquiring Snap. | Continue reading


@betakit.com | 2 years ago

Shopify reportedly surpasses Amazon in online traffic

Shopify has reportedly beaten Amazon in online traffic, according to data showing all Shopify-powered sites surpassed Amazon in unique visitors last quarter. | Continue reading


@betakit.com | 2 years ago

Deep Genomics Raises 180M for AI Drug Discovery

Deep Genomics has secured $226 million CAD as the startup has increased the number of drug candidates it has discovered using AI and is eyeing clinic trials. | Continue reading


@betakit.com | 2 years ago

Shopify Invests in Stripe

Shopify has reportedly invested in San Francisco-based FinTech startup Stripe, which processes payments for e-commerce businesses. | Continue reading


@betakit.com | 2 years ago

Tenstorrent, led by Jim Keller, raises over $200M

Tenstorrent has raised over $200 million in funding, which the company reported brings its valuation to $1 billion. | Continue reading


@betakit.com | 2 years ago

Magnet Forensics increases TSX IPO target, aiming to raise $100M

Kitchener-Waterloo's Magnet Forensics is looking to raise just over $100 million CAD through its upcoming IPO on the Toronto Stock Exchange. | Continue reading


@betakit.com | 3 years ago

Toronto R&D Team Won’t Join Aurora in Uber ATG Acquisition

Uber ATG's Toronto research and development (R&D) lab will not be part of Aurora's acquisition of Uber ATG, BetaKit has learned. | Continue reading


@betakit.com | 3 years ago

Element.ai Acquired by Service Now

Montrêal-based Element AI is set to be acquired by California software company ServiceNow. | Continue reading


@betakit.com | 3 years ago

Wealthsimple announces $114M investment led by TCV, claims $1.4B valuation

Toronto-based FinTech startup Wealthsimple has raised $114 million CAD in equity financing. | Continue reading


@betakit.com | 3 years ago

Canadian fintech company Nuvei prices IPO at $26USD; public trading next week

Montréal-based Nuvei has officially set the price of its much-anticipated initial public offering on the Toronto Stock Exchange at $26 USD per share. | Continue reading


@betakit.com | 3 years ago

Shopify Cuts Office Staff Amid Remote Work Shift

Shopify has laid off internal operations staff as the Canadian tech giant shifts to a permanent remote work model, BetaKit has learned. | Continue reading


@betakit.com | 3 years ago

North (Formerly Thalmic Labs) Acquired by Google

Kitchener-Waterloo based North has officially been acquired by Google. | Continue reading


@betakit.com | 3 years ago

Sidewalk Labs Announces IT Will “No Longer Pursue” Quayside Project

Sidewalk Labs has announced it will no longer pursue its project at Quayside in Toronto. | Continue reading


@betakit.com | 3 years ago

Foodora to cease operations in Canada, citing highly saturated market

Foodora in Canada said it has been unable to reach a sustainable level of profitability in Canada and cannot continue operations. | Continue reading


@betakit.com | 4 years ago

OneEleven announces it is permanently ceasing operations

Toronto-based incubator OneEleven announced it has permanently ceased operations due to economic impacts caused by the current COVID-19 pandemic. | Continue reading


@betakit.com | 4 years ago

Square Acquires “Dessa” – Authors of the Joe Rogan Deepfakes

Dessa, a Toronto-based startup that builds machine learning applications, has been acquired by Square. | Continue reading


@betakit.com | 4 years ago

Canadian design startup loses 80% organic traffic after rebrand

Looka, the Toronto startup that uses AI and machine learning to design logos, has laid off 80 percent of its employees, BetaKit has learned | Continue reading


@betakit.com | 4 years ago

Death by metoo hits Toronto startup Planswell

An email to Planswell investors obtained by BetaKit sheds new light on the recent demise of the Toronto-based FinTech startup. | Continue reading


@betakit.com | 4 years ago

Kik app acquired by holding company MediaLab

After a tumultuous few weeks, the Kik app has officially been acquired by US-based holding company MediaLab. Terms of the deal were not disclosed. | Continue reading


@betakit.com | 4 years ago

CoLab Software (YC S19) raises $2.7M (CAD) after Y Combinator demo day

CoLab, which provides a cloud-based mechanical issue tracking and design management platform, has completed a $2.7 million CAD funding round. | Continue reading


@betakit.com | 4 years ago

Kik chat app shuts down as company goes “all in” on Kin

At least 100 employees and their families will be affected by the restructuring, Kik CEO Ted Livingston said. | Continue reading


@betakit.com | 4 years ago

Bunz locks down employee BTZ wallets as former admins lead mass exodus

Following Bunz drastically reducing the number of merchants that can accept its BTZ currency, Bunz Facebook groups have defected in a mass 'Bunxit.' | Continue reading


@betakit.com | 4 years ago

Drop closes $58M CAD Series B with eyes on accelerated growth, going public

Mobile rewards startup Drop has closed a $58 million CAD ($44 million USD) Series B to help accelerate its growth and allow it to enter into new markets. | Continue reading


@betakit.com | 4 years ago

AI Deep Dive Chooses Toronto over San Francisco for AI Skills Course

AI Deep Dive, a three-month retreat style artificial intelligence skills course originally based in San Francisco, is coming to Toronto in August. | Continue reading


@betakit.com | 4 years ago

Fellow.app closes $8.58M CAD to scale co-pilot tool for managers

Fellow.app, an Ottawa-based SaaS company, has closed an $8.58 million CAD Seed round to build out a cloud-based smart assistant tool for managers. | Continue reading


@betakit.com | 4 years ago

Hackeryou Accepted to Y Combinator on Back of New Tuition Model

The HackerYou College of Technology has announced it has been accepted to Y Combinator's Summer 2019 batch. | Continue reading


@betakit.com | 4 years ago

Canada's tech talent industry tracks renewed interest in “tech talent visa”

With the government making the Global Talent Stream permanent in Budget2019, some Canadian talent organizations are seeing a spike in international interest. | Continue reading


@betakit.com | 5 years ago

Drop Acquires YC-Backed Canopy Labs (YC S12)

Continue reading


@betakit.com | 5 years ago

Element AI Lays Out Its Product Roadmap at Web Summit

Continue reading


@betakit.com | 5 years ago

Thalmic Labs is coming out with “secret” smart glasses

Continue reading


@betakit.com | 5 years ago

How I almost died building my tech company

Continue reading


@betakit.com | 5 years ago

Newton raising conditional $15M round with DV Trading

Continue reading


@betakit.com | 5 years ago

Dooly.ai raises $2M to automate sales tasks for sales teams

Continue reading


@betakit.com | 5 years ago

Business Incubator Wavefront Has Shutdown

Continue reading


@betakit.com | 5 years ago