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Amid global uncertainty, the path forward is clear: Canada’s moment to build is now.
BetaKit Most Ambitious is back, telling stories of nearly 100 Canadian innovators strengthening our nation’s autonomy, security, and prosperity.
Read it now: bit.ly/4f0Wl2a
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.@inc_uni has entered into a term sheet for a new round of private funding shortly after its billion-dollar merger with MAK Acquisition Corp was called into question.
betakit.com/uniuni-seeks-new…
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.@LauraLenz is the new leader of @OMERSVentures, taking over for former head Saar Pikar. Pikar left two months ago, marking the third executive change in OMERS in as many years.
betakit.com/laura-lenz-appoi…
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AI Minister @EvanLSolomon says the $162-million investment in @MitacsCanada will create 10,000 paid AI work placements for students and recent graduates from AI-related programs.
betakit.com/feds-give-mitacs…
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Toast's latest survey shows that 35% of women had senior sponsorship, compared to 51% of men. But the main gap isn't at the very bottom or very top of the career ladder, but in the middle: at the manager and senior level.
betakit.com/women-without-sp…
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At @nrthtechCA festival, @Waabi_ai COO @lioron said the company’s autonomous driving system is highly mature and claimed it’s ready to be deployed “today,” barring some additional work from Waabi’s partner.
betakit.com/waabi-coo-says-c…
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Cleantech hype may have cooled. But demand for the materials behind AI, EVs, solar, and wind has not.
That’s creating a new opening for circular critical-mineral supply chains.
betakit.com/cleantechs-oppor…
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.@thinkific has decided to focus completely on mid-market and enterprise customers. These job cuts, which represent a 30-percent reduction in Thinkific’s workforce, are mostly concentrated in areas that supported its SMB customers.
betakit.com/thinkific-lays-o…
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.@DevolutionsInc, one of the biggest tech players in the small Québec town of Lavaltrie, is getting into the corporate VC game.
betakit.com/devolutions-want…
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.@BlackBerry's recent earnings wins come largely thanks to its QNX division, which develops software for automakers. This is the third quarter in a row of revenue growth of over 20% for QNX.
betakit.com/blackberry-repor…
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Finance teams in growth-stage companies are facing increased workloads without extra headcount.
Join BetaKit and @tryramp on Oct 27 at 12:00 PM ET for a live session on how to automate repetitive workflows without disrupting daily ops.
Register now: luma.com/betakit-rwlj
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When @goclio was a young company, CEO @jack_newton says Canadian investors tried to get a “hometown discount."
Now, he says Canada needs the opposite: local investors competing harder to keep ambitious companies financed here.
betakit.com/clio-ceo-jack-ne…
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AI is changing how tech startups scale by allowing smaller teams to run more experiments with less capital before raising major rounds.
@CIBCInnovation supports this shift by providing financial advice, growth capital, and debt financing to its partners.
betakit.com/how-founders-are…
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The $10-million partnership between @GetWoveo and @bdc_ca will provide access to loans of up to $25,000 for SMBs across Canada.
betakit.com/woveo-partners-w…
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Axya plans to use the capital to expand its platform, grow its 40-person team to 55 by the end of 2026, and deepen its presence outside of Canada.
betakit.com/axya-closes-17-m…
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In BetaKIt's Wednesday newsletter, @madisonmcla looks into why the tech world is gaga over @Tailscale.
Plus:
@Xanadu’s lockup lifts
Muse buys on @Shopify
@BlackBerry is so back
betakit.com/why-silicon-vall…
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.@cityofcalgary has spent years trying to diversify beyond oil and gas. And @Fortinet says that industrial modernization creates a strong need for cybersecurity around operational technology, making Calgary a logical place for its $30-million expansion.
betakit.com/fortinet-expansi…
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The bulk of the investment will go to five organizations: Edmonton’s @api_applied, BC’s @AvivoBio, Alberta’s @northern_rna, Ontario’s @Qidni, and BC’s @STEMCELLTech.
betakit.com/canada-invests-6…
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.@BlairHealth started with menopause care, where long waits and limited access can be a problem.
Now, the Toronto startup is expanding into other areas. Its goal is to make specialist-grade care available through providers patients can actually reach.
betakit.com/blair-health-sec…
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After nine years, #CDNtech festival Elevate has a new name. Read all about @nrthtechCA: betakit.com/elevate-transfor…
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.@TD_Canada's investment will help fund a strategic collaboration between its AI research centre, Layer 6, and @Cohere to support AI development and adoption across TD's operations.
betakit.com/tds-layer-6-and-…
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