Articles from betakit.com

Articles from betakit.com

Canadian digital bank Neo Financial raised a CA$360M Series D from Shopify CEO Tobi Lütke, Slack co-founder Stewart Butterfield, and others (betakit.com)
21 days ago Canada Slack Shopify

Motion, which sells analytics and research tools for creative strategists, raised a $30M Series B led by Inovia Capital, bringing its total funding to $42M (betakit.com)
2024-9-21

Vancouver-based Spare, whose software helps transit agencies offer transport services based on riders' own needs, raised a CA$42M Series B led by Inovia Capital (betakit.com)
2024-9-12

Montréal-based Planned, which offers corporate events and travel planning tools, raised a CAD$35M Series B led by Drive Capital (betakit.com)
2024-7-19

A Delaware federal court overturns a jury's 2022 decision that Shopify owes $40M to Express Mobile for infringing patents related to website-building tools (betakit.com)
2024-5-25 Mobile Shopify

Toronto-based Brim, which offers credit card and payment tech infrastructure to financial institutions, raised a $85M Series C led by Export Development Canada (betakit.com)
2024-4-4 Canada Toronto Credit Card

Canadian payments company Nuvei has agreed to be purchased and taken private by PE firm Advent International in a $6.3B deal (betakit.com)
2024-4-2 Canada

Canada-based Photonic, which is building a fault-tolerant quantum computing platform, raised $100M from Microsoft and others, taking its total funding to $140M (betakit.com)
2023-11-9 Microsoft Canada Quantum

Toronto-based Ideogram raised a $16.5M seed led by a16z and Index Ventures and launches a public beta of its generative AI-based text-to-image product (betakit.com)
2023-8-25 AI Toronto

Ontario-based Passage, which is building an online service to help immigrants get funding to learn and work in Canada, raised a CA$40M seed led by Drive Capital (betakit.com)
2023-6-30 Canada Immigration

Montreal-based GSoft, which offers employee experience software for Microsoft 365 management, onboarding, skills development, and more, raised CA$125M from CDPQ (betakit.com)
2023-6-7 Microsoft

Toronto-based BenchSci, which uses AI to help pharmaceutical firms accelerate drug discovery, raised a CA$95M Series D led by Generation Investment Management (betakit.com)
2023-5-26 AI Toronto

Quebec-based E2ip, which develops tech for smart displays and surfaces, raised a $120M Series B co-led by Export Development Canada and McRock Capital (betakit.com)
2023-4-29 Canada Quebec

Toronto-based Practice Better, which makes client management software for health and wellness professionals, raised $27M led by Five Elms Capital (betakit.com)
2023-4-28 Toronto

Canada's privacy commissioner launches an investigation into OpenAI in response to a complaint alleging non-consensual collection and use of personal data (betakit.com)
2023-4-5 Canada

Descartes Systems Group, a Canada-based logistics and supply chain software provider, acquires US-based logistics automation provider GroundCloud for ~$138M (betakit.com)
2023-2-15 Canada Logistics

Jobber, which offers operations management tools for home service businesses, raised a $100M Series D led by General Atlantic and passed $100M in 2022 revenue (betakit.com)
2023-2-8

Toronto-based Smile CDR, which offers services for health and clinical data interoperability, raised a ~$30M Series B led by UPMC Enterprises and others (betakit.com)
2023-1-29 Toronto CDR

Shopify CTO Allan Leinwand to depart company, citing “personal reasons” (betakit.com)
2023-1-28 Shopify

Waterloo-based Magnet Forensics, which develops digital investigation software, agrees to be acquired by Thoma Bravo for CA$1.8B (betakit.com)
2023-1-21

Hootsuite CEO Tom Keiser replaced amid third round of layoffs (betakit.com)
2023-1-19 Layoffs

Clearco CEO Michele Romanow steps down as company cuts almost 30 percent of staff (betakit.com)
2023-1-16

Calgary-based Attabotics, which makes warehouse automation robots, raised a $71.7M Series C-1 led by Export Development Canada, bringing total funding to $165M (betakit.com)
2022-11-16 Robot Canada

NFT startup Dapper Labs, the company behind CryptoKitties, confirms it laid off ~134 employees or 22% of its workforce; Dapper Labs raised $600M to date (betakit.com)
2022-11-3 Startup

Ontario-based Avidbots, which makes autonomous floor cleaning robots for commercial settings, raised a $70M Series C, bringing its total funding to $107M (betakit.com)
2022-10-1 Robot

Goldsky, a crypto infrastructure startup helping companies aggregate and process on-chain data, raised a $20M seed led by Felicis Ventures and Dragonfly Capital (betakit.com)
2022-9-13 Startup

Chicago-based investment research service Tegus has acquired financial data and analytics startup Canalyst, sources say for between CAD$400M and CAD$500M (betakit.com)
2022-8-3 Startup

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